I am obtaining a mortgage with Nat West. I intend to employ the services of a Licensed Conveyancer in Woodley. Does the Nat West Solicitor panel include conveyancers regulated by the CLC?
The Nat West approved solicitor list is, like many other lenders, associated to the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
My bank has recommended a law firm on their panel based in Woodley but I would rather instruct a conveyancing lawyer in Woodley or nearer to where I live. Are you able to help?
Not all Woodley conveyancing practitioners are on all lender’s conveyancing panel. Please make the most of our search tool to identify a Woodley conveyancing solicitor on the on the bank panel.
Are there restrictive covenants that are commonly picked up during conveyancing in Woodley?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Woodley. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm buying a new build house in Woodley with a mortgage from HSBC Bank. The builders would not reduce the amount so I negotiated 6k of fixtures and fittings instead. The house builders rep told me not reveal to my conveyancer about the deal as it will affect my loan with the lender. 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.
Our mortgage broker has recommended their solicitor for my conveyancing in Woodley - Surely it’s advisable to just use them?
You need to establish if the estate agent is recommending a solicitor or introducing to a solicitor. There are plenty of Woodley selling agents who recommend two or three Woodley conveyancing firms and get nothing from it.