We are buying a brand new flat in Belvedere and my lawyer is informing me that she is duty bound to the lender to disclose incentives from the developer. I am nearing the developer’s deadline to exchange contracts and I don't want to delay the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We note that you have a search directory identifying solicitors on the Co-operative conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Belvedere?
We are a listing service only for law firms wishing to communicate if they are on the Co-operative conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Belvedere.
My lawyer in Belvedere has never been on on the Platform Home Loans Ltd Solicitor Panel. Is it possible for me to retain my family solicitor notwithstanding that they are excluded from the Platform Home Loans Ltd approved list?
Your options are as follows:
- Complete the purchase with your preferred Belvedere lawyers but Platform Home Loans Ltd will need to instruct a solicitor on their panel. This will inevitably rack up the total conveyancing charges as well as cause delays.
- Find an alternative solicitor to to deal with the conveyancing, remembering to check they are on the Platform Home Loans Ltd panel
Are there restrictive covenants that are commonly identified as part of conveyancing in Belvedere?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Belvedere. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
What tools are available to identify a Belvedere law firm on the Norwich and Peterborough Building Society conveyancing panel? I have a car and am prepared to travel upto 25miles to meet the lawyer.
You can use the tool on this page. Please select a bank and your location and you will see a number of Belvedere conveyancing lawyers located nearest you. We have detailed some Belvedere conveyancing firms at the bottom of this page and you can telephone them to verify whether they are on the Norwich and Peterborough Building Society panel