Do the Building Society Association intend to launch a online directory to list solicitors on the Loughborough BS conveyancing panel for instance in Hazlemere?
We have not been informed any intention on the part of the BSA to develop such a register.
Forgive me if this question is silly but I am unexperienced as a first time buyer of a two bedroom flat in Hazlemere. Do I pick up the keys to the house on completion from my conveyancer? If so, I will appoint a High Street conveyancing solicitor in Hazlemere?
On the day of completion you do not need to attend the conveyancers office in Hazlemere. Conveyancing lawyers for you will arrange to send the completion advance to the vendor’s conveyancers, and once they have received this, you will be able to pick up the keys from the Estate Agents and start moving into the property. This tends to happen early afternoon.
We have agreed to purchase a house in Hazlemere. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Coventry BS be concerned?
As you are obtaining a mortgage with Coventry BS your lawyer must comply with the formal requirements outlined in Section two of UK Finance Lenders’ Handbook for Coventry BS. The Council of Mortgage Lenders’ Handbook sets out minimum provisions for solar panel roof-space leases, and property lawyers are required to report to Coventry BS where a lease does not comply with these conditions. The requirements relate to the installation of panels on properties in England and Wales and is not limited to Hazlemere.
We were going to get a OIP from Nottingham this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Nottingham recommend any Hazlemere solicitors on the Nottingham conveyancing panel, or is it better to go independently?
You will need to appoint Hazlemere solicitors independently although you'll need to choose one on the Nottingham conveyancing panel. The solicitor represents both you and Nottingham through the process.
Do commercial conveyancing searches reveal planned roadworks that could affect a commercial premises in Hazlemere?
Many commercial conveyancing solicitors in Hazlemere will order a SiteSolutions Highways report as it reduces the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Hazlemere. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Hazlemere.
For each commercial conveyancing transaction in Hazlemere it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may cause delays to Hazlemere commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Hazlemere.
I'm purchasing a new build house in Hazlemere with the aid of help to buy. The builders refused to budge the amount so I negotiated five thousand pounds worth of extras instead. The house builders rep suggested that I not disclose to my lawyer about this extras as it may impact my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
Do I need to be wary by estate agents that I am dealing with are recommending a national conveyancing firm rather than a High Street Hazlemere conveyancing company?
As with many service providers, often input from relatives can be extremely useful or valuable. Yet there are lots of players in a conveyancing matter; estate agents, financial adviser and mortgage companies might all recommend conveyancers to instruct. Sometimes these solicitors might be known to one of the organisations as experts in their field, but sometimes there may be a financial incentive behind the recommendation. You have the discretion to select your preferred conveyancer. Don't forget that some mortgage providers have an approved list of lawyers you have to use for the lender related work in your conveyancing.