We are planning to acquire a flat and need a conveyancing solicitor in Axminster who is on the Leeds Building Society conveyancing panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Leeds Building Society . We don't recommend any particular firms conducting conveyancing in Axminster.
We wanted to use a conveyancing solicitor in Axminster for our home move. Our financial adviser has since notified us that our bank Norwich and Peterborough Building Society won't deal with them. Surely this is unfair competition?
Lenders ordinarily imposes restrictions either the category or the volume of conveyancing practices on their member panel. A common example of such restriction(s) being that a law practice must not be a sole practitioner. In addition to restricting the type of firm, a few banks have limited the amount of firms they use to act for them. You should note that Norwich and Peterborough Building Society have no responsibility for the quality of advice provided by any member of Norwich and Peterborough Building Society Conveyancer Panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago even though there are mixed views concerning the level of solicitor engagement in some of that fraud. Data from the Land Registry reveal that plenty of law firms, including some in or near Axminster only perform a couple conveyances a year.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Axminster?
Two types of professional can do conveyancing in Axminster namely CLC regulated conveyancers or solicitors. Both professionals provide conveyancing services that required to complete the sale or purchase of property. They are both obliged to handle Axminster conveyancing to the same quality and guidelines so you can be safe in the knowledge that your conveyancing will be properly conducted and that all necessary procedures should be correctly adhered to.
Are all Axminster Conveyancing Quality Solicitors on the HSBC conveyancing list of approved practices?
Some major lenders now utilise CQS as the starting point for Panel membership such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of conveyancing solicitors.
I have paid off my mortgage with Clydesdale. I assume I don't need a Axminster conveyancing practitioner on the Clydesdale panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Clydesdale 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 Clydesdale mortgage from the register. Clydesdale, 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 Clydesdale has sent the Land Registry the discharge electronically, and
- Clydesdale has instructed the Land Registry to do so
I'm purchasing my first flat in Axminster with the aid of help to buy. The sellers refused to reduce the amount so I negotiated £7000 of extras instead. The sale representative suggested that I not to tell my conveyancer about the side-deal as it will adversely affect my loan with Norwich and Peterborough Building Society. 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 am looking into buying my first house which is in Axminster and I am already nervous. I couldn't find anything specific about Axminster. Conveyancing will be needed in due course but do you know about the Axminster area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Axminster. In the meantime here are some basic statistics that we found