My property lawyer in Gower is not listed on the Approved Panel. Can I still continue with my family solicitor even though they are not on the approved list?
The limited options available to you here include:
- Carry on with your preferred Gower lawyers but will need to instruct a solicitor on their list of acceptable firms. This will inevitably rack up the overall conveyancing fees and result in frustration.
- Get a new practitioner to to deal with the conveyancing, obviously checking they are Convince your lawyer to do everything within their powers to join the conveyancing panel
A colleague recommended that where I am purchasing in Gower I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Gower conveyancing searches. It is not a small report of about 40 pages, listing and detailing significant information about Gower around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Gower Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Gower Education with maps and statistics, Local Amenities and other useful information about Gower.
I'm buying my first flat in Gower with a loan from . The builders refused to reduce the amount so I negotiated 6k of extras instead. The house builders rep suggested that I not reveal to my conveyancer about this deal as it could affect my loan with . 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.
I decided to have a survey carried out on a house in Gower ahead of instructing lawyers. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some lenders tend not give a loan on a flying freehold property.
It varies from the lender to lender. Santander has different instructions for example to Birmingham Midshires. Should you wish to call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Gower. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Gower to see if the conveyancing costs will increase in light of this.
We're FTB’s - had an offer accepted, yet the property agent advised that the vendor will only go ahead if we appoint their preferred conveyancers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a family solicitor who is accustomed to conveyancing in Gower
It is unlikely the owners are driving this. Should the seller want ‘a quick sale', taking such a hostile approach to a motivated buyer is counter productive. Speak to the owners direct and make sure they comprehend that (a)you are keen to buy (b)you are ready to progress, with finances arranged © you are unencumbered (d) you wish to move quickly (e)but you will continue to appoint your preferred Gower conveyancing lawyers - as opposed tothe ones that will provide the negotiator at the agency a introducer fee or hit his conveyancing thresholds demanded by HQ.