We have a mortgage agreed in principle with . Potswood conveyancing practitioners were instructed. How long does it take for to issue the offer to the ?

Some lenders take longer than others. Have completed the valuation? Have you advised as to your lawyers' details and checked that your lawyers are on the conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.

I am buying a property in Potswood. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender be concerned?

Given that you are obtaining a mortgage with your lawyer must comply with the formal requirements contained in Section 2 of UK Finance Lenders’ Handbook for . The Council of Mortgage Lenders’ Handbook sets out minimum provisions for solar panel roof-space leases, and are required to report to where a lease does not comply with these specifications. The provisions relate to the installation of panels on properties countrywide and is not restricted to Potswood.

I've digested plenty of mortgage guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Potswood solicitor - who is on the conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?

will need an independent valuation of the property. Your lawyer will not arrange this. Usually will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Potswood postcode. As you are getting a mortgage with , you could contact them to see if they have a list of approved surveyors in Potswood.

We are purchasing a property and the lawyer has mentioned Chancel Repair to which the property could be obligated to contribute to as it falls into the area of such a church. He has recommended insurance. Is this really necessary for conveyancing in Potswood

Unless a previous purchase of the property took place post 12 October 2013 you may take it that conveyancing practitioners conducting conveyancing in Potswood to remain encouraging a chancel search and or insurance against a claim.

I completed on my house on 14 March and the transaction details are still not on the land registry website. Should I be concerned? My conveyancing solicitor in Potswood advises it will be formalised in a couple of weeks. Are titles in Potswood particularly slow to register?

There is nothing unique when it comes to conveyancing in Potswood registration formalities. As opposed to being determined by geographic area, timeframes can differ subject to the party submitting the application, whether it is in order and if the Land registry must send notices to any third persons or bodies. Currently approximately 80% of submission are completed in less than three weeks but some can be subject to protracted delays. Registration is effected once the new owner is living at the property so an expedited registration is not always an essential issue but if there is a degree of urgency associated with the registration then you or your lawyers could communicate with the Registry to express the reasoning for an expedited registration.

I'm purchasing my first flat in Potswood benefiting from help to buy. The developers refused to move on the price so I negotiated 6k of extras instead. The house builders rep suggested that I not to tell my lawyer about this deal as it would 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.

Due to the advice of my in-laws I had a survey completed on a property in Potswood before instructing solicitors. I have been advised that there is a flying freehold element to the property. My surveyor advised that some mortgage companies may refuse to grant a mortgage on this type of house.

It varies from the lender to lender. HSBC has different requirements from Nationwide. If you contact us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Potswood. Conveyancing may be slightly more expensive based on your lender's requirements.