My fiance and I are hoping to acquire a property in South Woodham Ferrers and are in fact using a South Woodham Ferrers conveyancing practice. Within the last couple of days our conveyancer has forwarded the sale agreement to be signed with a detailed report in anticipation of exchanging contracts shortly. Platform Home Loans Ltd have this afternoon contacted us to inform me that they have now hit a problem as our South Woodham Ferrers lawyer is not on their approved list of lawyers. What do we do from here?
When purchasing a property with the benefit of a mortgage it is usual for the purchasers' solicitors to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact your bank and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel and you may continue to use your own South Woodham Ferrers solicitors, in which case it will likely add costs, and it may delay matters as you are adding another lawyer into the mix.
I just acquired a property at auction in South Woodham Ferrers. Conveyancing is needed. What is next?
Given that you have now to in every practical sense signed on the dotted line you will need to choose a conveyancing lawyer soon as you will have a tight a fixed date to complete the conveyancing. Every auction property will have a bespoke legal set of papers. This should include evidence of title and search results. If you have purchased leasehold property the auction papers may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to leasehold premises. You need to hand this to your appointed conveyancing solicitor ASAP. Do make sure that that you have the requisite funding in place to complete the transaction on the set completion date.
Is there a list of Leeds Building Society panel conveyancers in South Woodham Ferrers on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association websites. A small selection of mortgage companies make their panel listings open the public online. Where you are in need of a South Woodham Ferrers conveyancer on the Leeds Building Society please make the most of our facility.
Completion of my purchase has taken place for my property in South Woodham Ferrers. Conveyancing was satisfactory but I would like to complain about the lender. How does one go about formally complaining?
Most banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
I'm buying my first flat in South Woodham Ferrers benefiting from help to buy. The sellers would not move on the price so I negotiated 6k of additionals instead. The sale representative told me not disclose to my solicitor about the deal as it would adversely affect my mortgage with the lender. Do I keep my lawyer in the dark?.
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 house. My former solicitors have shut. I am in need of a recommendation of a conveyancing firm. I happen to live in South Woodham Ferrers if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in South Woodham Ferrers. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I am purchasing a house and need a conveyancing solicitor in South Woodham Ferrers who is on the bank solicitor panel. Could you point me in the right direction as regards a South Woodham Ferrers solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the mortgage company who conduct conveyancing in South Woodham Ferrers. We dont recommend any particular firm.