I am obtaining a mortgage offer from Nat West. I hope to instruct a Licensed Conveyancer in Milnrow. Does the Nat West Conveyancing panel include Licensed Conveyancers?

The Nat West conveyancing panel is, like many other lenders, associated to the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.

I own a freehold house in Milnrow yet charged rent, why is this and what is this?

It’s unusual for properties in Milnrow and has limited impact for conveyancing in Milnrow but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.

Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.

A colleague advised me that if I am purchasing in Milnrow I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

This is a search is usually quoted for as part of the standard Milnrow conveyancing searches. It is a large report of more than thirty pages, listing and detailing important information about Milnrow around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Milnrow Education with plans and statistics, Local Amenities and other useful data regarding Milnrow.

I am purchasing a new build house in Milnrow benefiting from help to buy. The developers would not move on the amount so I negotiated £7000 of fixtures and fittings instead. The sale representative advised me not reveal to my conveyancer about the extras as it would adversely affect my loan with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer 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.

Me and my partner are looking at buying our first property in Milnrow. Can you recommend a trustworthy Milnrow lawyer that will represent us as well as act for Barclays?

LenderPanel.com is restricted to being a directory service for conveyancing practitioners who want to be listed as being on the approved conveyancing panel for Barclays in certain locations such as Milnrow . We dont recommend any specific solicitor.