We note that you have a search directory listing solicitors on the Yorkshire BS conveyancing panel. Do companies pay you a referral fee if I instruct them for our conveyancing in Kensal Green?
We are a listing service only for law firms wishing to communicate if they are on the Yorkshire BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Kensal Green.
I have today made my last payment due on my mortgage with Aldermore. I assume I don't need a Kensal Green conveyancer on the Aldermore panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Aldermore 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 Aldermore mortgage from the register. Aldermore, 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 Aldermore has sent the Land Registry the discharge electronically, and
- Aldermore has instructed the Land Registry to do so
Intending to buy a apartment in Kensal Green. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nottingham conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Kensal Green solicitor is on the Nottingham conveyancing panel.
My offer on a house in Kensal Green has been accepted, but there is a chain. The sellers have offered on somewhere, however it’s not yet tied up, and have viewings of other apartments in the pipeline. I have instructed a nearby conveyancing solicitor in Kensal Green. What should be my next step? When do I get the mortgage application with Coventry BS going?
It is usual to have concerns where there is a chain as you are unlikely to want to incur expenses too early (home loan application is approx £1k, then valuation, Kensal Green conveyancing search charges, etc). The first thing to do is ensure that your conveyancing practitioner is on the Coventry BS approved list. Regarding the next phase this very much dictated by the circumstances of your transaction, desire for this property and on the state of the market. During a rising market the majority of home buyers would apply for the mortgage with Coventry BS and arrange for the valuation and only if it comes back ok would they ask their lawyer to move forward with the conveyancing in Kensal Green.
I'm purchasing my first flat in Kensal Green with a loan from National Westminster Bank. The builders refused to budge the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep suggested that I not reveal to my lawyer about this deal as it may adversely affect 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.
Should I go with a Kensal Green conveyancing practitioner who is local to the property I am purchasing? An old friend can deal with the conveyancing however his firm is located approximately 350miles drive away.
The primary upside of using a local Kensal Green conveyancing firm is that you can pop in to sign documents, present your identification documents and apply pressure on them where appropriate. Having local Kensal Green know how is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If if people you trust instructed your friend and they were impressed that must outweigh using an unfamiliar Kensal Green conveyancing lawyer solely due to them being Kensal Green based.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the mortgage company conveyancing panel. My lawyer has said that they are on the bank approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the bank conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the bank solicitor panel.