We note that you have a post code search directory identifying solicitors on the UBS conveyancing panel. Do firms pay you a referral fee if I instruct them for our conveyancing in Belgravia?
We are a listing service only for law firms wishing to communicate if they are on the UBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Belgravia.
My conveyancer has informed me that breach of easement insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Belgravia?
The right level of breach of easement indemnity insurance should be dictated by who your lender. It would differ for example between Nationwide Building Society and The Royal Bank of Scotland. Conveyancing solicitors as opposed to members of the public take out such insurances.
is it true that all Belgravia solicitors on the TSB conveyancing panel are overseen by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the TSB conveyancing panel they would need to be overseen by the SRA. The majority of mortgage companies do list licenced conveyancers on their panel in which case such practice would be overseen by the CLC.
After shopping around on the internet I have found a Belgravia conveyancer having checked that they are on the Barclays conveyancing panel. Does my lawyer arrange the survey of the property?
Barclays will need an independent valuation of the property. Your lawyer will not arrange this. Usually Barclays 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 property lawyer 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 Belgravia postcode. As you are getting a mortgage with Barclays, you could contact them to see if they have a list of approved surveyors in Belgravia.
A friend suggested that if I am buying in Belgravia I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes included in the estimate for your Belgravia conveyancing searches. It is not a small document of about 40 pages, listing and detailing important information about Belgravia around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Belgravia Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Belgravia Education with plans and statistics, Local Amenities and other useful data about Belgravia.
I am purchasing my first flat in Belgravia with a mortgage from Chelsea Building Society. The builders refused to reduce the price so I negotiated five thousand pounds worth of additionals instead. The property agent advised me not to tell my lawyer about the deal as it would jeopardize my loan with Chelsea Building Society. 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 a sole trader planning to lease a unit on a shopping parade. Can you recommend solicitors offering fixed charges for commercial conveyancing in Belgravia for less than 1500k?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Belgravia, including the disposal and purchase of businesses as well as simply premises. If you are hoping to buy or lease a shop, pub, restaurant, office, retail premises or a whole business we will find you the right firm. Regarding the costs these will vary based on the structure and heads of terms of the deal. Please provide us with your contact information or telephone so as to enable us to provide you with comprehensive commercial conveyancing quote.
My husband and I are first time buyers - agreed a price, yet the estate agent informed us that the vendor will only go ahead if we instruct the agent's preferred conveyancers as they want a ‘quick sale’. My instinct tells me that we should use a high street conveyancer used to conveyancing in Belgravia
It is highly unlikely the vendors are driving this. If they want ‘a quick sale', taking such a hostile approach to a motivated buyer is going to damage their objectives. Avoid the agents and go straight to the sellers and explain that (a)you are serious buyers (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you intend to appoint your own,trusted Belgravia conveyancing solicitors - not the ones that will earn their negotiator at the agency a introducer fee or achieve conveyancing figures set by corporate headquarters.