My mortgage broker says he needs my Niton lawyer’ panel member for the HSBC conveyancing panel. Can you suggest how I obtain this. I have e-mailed my local Niton office but they have not responded to me.
Have you tried speaking to your Niton lawyer about this?. Most Niton law firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
Our son-in-law is about to exchange on a house that has just been built in Niton with a mortgage from UBS. His lawyer has advised him of a delay in completing the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The document is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the UBS conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the UBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My relative advised me that where I am purchasing in Niton I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally quoted for as part of the standard Niton conveyancing searches. It is not a small document of more than thirty pages, listing and setting out important information about Niton around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Niton Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data concerning Niton.
I am purchasing my first flat in Niton with a mortgage from Barclays . The developers refused to reduce the price so I negotiated 6k of extras instead. The sale representative told me not to tell my solicitor about this deal as it could adversely affect my mortgage with Barclays . Should I keep quiet?.
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 am downsizing from my home. My former solicitors has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Niton if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Niton. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.