Me and my partner are soon to complete buying a house in Arnos Grove but as a result of damage from some water damage at the property I have managed to agree compensation from the vendor in the sum of £3k taking the form of a deduction in the price. This was going to be addressed as part of a side agreement yet Nottingham will not agree to this. Why were they informed?
Any lawyer that is on a Nottingham conveyancing panel is required to advise Nottingham of any changes to the sale price. If you prohibit your lawyer to notify the reduction to Nottingham then they would have to discontinue acting for you. In addition, Nottingham and you would have to appoint a new solicitor for your conveyancing in Arnos Grove.
We see that you have a post code search directory identifying solicitors on the TSB conveyancing panel. Do companies pay you a commission if I instruct them for our own conveyancing in Arnos Grove?
We are a listing service only for law firms wishing to communicate if they are on the TSB conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Arnos Grove.
Is it necessary during the course of the conveyancing process to pop into the offices of the solicitor to execute the mortgage deed? If so, I will choose one who does conveyancing in Arnos Grove so that I can pop in to their offices if necessary.
Whereas this was necessary 12 years ago, the vast majority lenders no longer oblige their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to hand over ID documents and there are still manifest benefits to instructing a locally based ayer, in your situation a conveyancing solicitor in Arnos Grove.
I used Arc property Solicitors several years ago for my conveyancing in Arnos Grove. I now require my file but the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Arnos Grove of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying my first flat in Arnos Grove benefiting from help to buy. The builders would not reduce the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent suggested that I not reveal to my lawyer about this extras as it would adversely affect my loan with Alliance & Leicester . Is this normal?.
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 acquired a house in Arnos Grove last 29/4/2024 and to date it is still not registered with HM Land Registry. It was part of a new estate and my solicitor told me that it may take over a year to complete the registration formalities. I have contacted HM Land Registry directly and they have informed me the original application was cancelled due to failure to reply to requisitions. Should I be concerned?
It is your conveyancer that you really need to turn to here in order to satisfy any issues which have arisen as part of the registration formalities for your Arnos Grove property. Normal Arnos Grove conveyancing practice includes an undertaking on the part of the vendor’s conveyancing practitioner that they will assist in resolving any registration raised by HMLR so it may be a case of seeking to enforce that undertaking in some way.