I plan on acquiring an apartment in Moor Park. My lawyer is not listed on the bank solicitor list. Is it possible for me to continue with my Moor Park conveyancing solicitor notwithstanding that they are excluded from the lender list of approved lawyers?
You have numerous options open to you here
- Complete the purchase with your preferred Moor Park lawyer but your bank will undoubtedly instruct a conveyancer from their approved list. This will result in additional charges together with likely frustration.
- Appoint a fresh conveyancer to act in the purchase, ensuring that they are on the mortgage company conveyancing panel.
- Convince your conveyancing practitioner to do everything possible to get listed on the bank’s conveyancing panel
Please could you recommend a Bank of Ireland accepted Moor Park conveyancing conveyancer who can have us moved in within a very limited time frame? Am I best advised to unstruct a high street Moor Park solicitor or a nationwide comparison site?
We would be happy to suggest some excellent Moor Park conveyancing firms. Another option is to visit the main road in Moor Park. Go in to two or three firms and ask to see a conveyancing solicitor for a quote. Explain your time frames together with your reasons and get a commitment on speed. Select the lawyer that appears most efficient.
I am buying my first flat in Moor Park with a mortgage from Birmingham Midshires. The sellers would not reduce the amount so I negotiated 6k of fixtures and fittings instead. The property agent told me not disclose to my conveyancer about the extras as it will adversely affect my mortgage with Birmingham Midshires. Is this normal?.
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.
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what should have been a straight forward, no chain conveyancing. Moor Park is the location of the property. Can you offer any advice?
Flying freeholds in Moor Park are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Moor Park you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Moor Park may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Can you suggest a trustworthy Moor Park property lawyer for buying a flat? A work colleague recommended one but their estimate was £1150 for a 225k property. That seems a tad expensive. The mortgage company will be Lloyds.
The purpose of this site is limited to being a directory service for conveyancers who wish to be listed as being on the approved conveyancing panel for Lloyds in certain locations for instance Moor Park . Our intention is not to recommend any particular lawyer.