My property lawyer in Binfield has never been on on the Platform Home Loans Ltd Solicitor Panel. Can I still use my family solicitor even though they are not on the Platform Home Loans Ltd approved list?
Your options are as follows:
- Carry on with your preferred Binfield lawyers but Platform Home Loans Ltd will need to retain a conveyancer on their panel. This will result in additional overall conveyancing charges as well as cause delays.
- Find a new lawyer to act in the conveyancing, not forgetting to check they are Platform Home Loans Ltd approved.
- Persuade your Platform Home Loans Ltd based solicitor to try to join the Platform Home Loans Ltd panel
Is it correct that all Binfield CQS (Conveyancing Quality Scheme) solicitors are on the Leeds Building Society conveyancing panel?
A selection of lenders now use the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their panels.
How can we know in advance if a Binfield conveyancing solicitor on the Principality panel is any good?
When it comes to conveyancing in Binfield obtaining recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the solicitor conducting your conveyancing.
After what feels like an age I have had an offer on a maisonette in Binfield accepted, the owners do nevertheless have a tied purchase. The sellers have placed an offer on a property, but it’s not been accepted yet, and are looking at other properties booked. I have instructed a bricks and mortar conveyancing solicitor in Binfield. What should be my next step? When should I get the mortgage application with TSB started?
It is usual to have anxieties where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is approx £1k, then survey, Binfield conveyancing search charges, etc). The first thing to do is ensure that your property lawyer is on the TSB approved list. Concerning the subsequent stages this very much depends on the uniqueness of your transaction, attraction to the property and on the state of the market. In a hot market many buyers will apply for the mortgage with TSB and arrange for the valuation and only if it was satisfactory would they pay their conveyancer to move forward with searches.
Are there restrictive covenants that are commonly identified during conveyancing in Binfield?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Binfield. 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…’
I opted to have a survey carried out on a house in Binfield in advance of appointing solicitors. I have been informed that there is a flying freehold overhang to the house. My surveyor has said that some lenders tend not issue a mortgage on such a property.
It varies from the lender to lender. Santander has different instructions from Nationwide. Should you wish to call us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Binfield. Conveyancing may be slightly more expensive based on your lender's requirements.
My uncle has suggested that I use his conveyancing solicitors in Binfield. Do I follow his recommendation?
There are no two ways about it the best way to find a conveyancing lawyer is to seek guidance from friends or family who have actually used the conveyancer you're are thinking of instructing.