Our bank has suggested solicitors on their panel based in Godstone but I would rather instruct a conveyancing lawyer in Godstone local to me. Can you assist?
Not all Godstone conveyancing solicitors are listed all banks conveyancing panel. Please make use of the above find an approved solicitor tool to find a Godstone conveyancing firm on the on the lender panel.
We are getting a further advance on our home loan from HSBC as we want to carry out renovations to our property in Godstone. Are we obliged to appoint a local Godstone solicitor on the HSBC conveyancing panel to handle the legals?
HSBC would not normally appoint firms on their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the HSBC conveyancing panel.
I have paid off my mortgage with HSBC. I assume I don't need a Godstone conveyancing practitioner on the HSBC panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your HSBC mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the HSBC mortgage from the register. HSBC, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where HSBC has sent the Land Registry the discharge electronically, and
- HSBC has instructed the Land Registry to do so
It is not clear whether my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Godstone building society branch on various occasions and was told it does not affect the mortgage offer and they would lend. My Godstone conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they refuse to lend based on their specific requirements. I have no idea who is right.
The lawyer has to follow the CML Handbook Part 2 specifications for your bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
I am buying my first flat in Godstone with the aid of help to buy. The developers would not budge the price so I negotiated £7000 of additionals instead. The estate agent told me not reveal to my solicitor about this side-deal as it will jeopardize my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I'm refinancing my existing house to a buy to let mortgage with Nationwide Building Society and I will use the ballance of the raised equity towards further property. The area we are looking at is Godstone. Will your lawyers be able to act for the two banks and link together the conveyances?
Do use our comparison tool on this site to check that the lawyers are on the relevant lender panels. On the basis that they are the lawyer will be able to tie up the two conveyancing matters but you should talk with you solicitor and specify your expectations and needs.
As co-executor for the will of my uncle I am selling a house in Neath but I am based in Godstone. My solicitor (who is 250 miles from merequires that I execute a stat dec ahead of the transaction finalising. Could you suggest a conveyancing solicitor in Godstone to witness and place their company stamp on the document?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will do regardless of whether they are Godstone based