My husband and I are purchasing a newly constructed apartment in Binstead and my solicitor is telling me that she has to the lender to disclose incentives from the seller. I am nearing the developer’s deadline to sign contracts and I don't want to prolong deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We see that you have a search directory identifying solicitors on the Clydesdale conveyancing panel. Do companies pay you a commission if I appoint them for our own conveyancing in Binstead?
We are a listing service only for law firms wishing to communicate if they are on the Clydesdale conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Binstead.
My wife and I are purchasing a property in Binstead. It might be a silly question but how we can trust a lawyer? On the day of competition we will need to deposit our life savings into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
My uncle advised me that in purchasing a property in Binstead there could be various restrictions prohibiting external changes to the property. Is this right?
We are aware of a number of properties in Binstead which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in Binstead should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am due to exchange contracts on my house. I had a double glazing fitted in December 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Clydesdale are being a right pain. The Binstead solicitor who is on the Clydesdale conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Clydesdale are insisting on a building regulation certificate. Why do Clydesdale have a conveyancing panel if they don't accept advice from them?
It is probably the case that Clydesdale have referred the matter to their valuer. The reason why Clydesdale may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
We are buying a property and the lawyer has raised the issue of Chancel Repair to which the house could be liable given it’s proximity to the area of such a church. She has recommended insurance. Is this really required for conveyancing in Binstead
Unless a previous acquisition of the premises took place post 12 October 2013 you can expect solicitors delivering conveyancing in Binstead to remain encouraging a chancel search and or chancel repair liability policy.
I have justbecome aware that Stirling Law have closed. They carried out my conveyancing in Binstead for a purchase of a leasehold apartment 9 months ago. How can I be sure that the property is not still registered in the name of the former proprietor?
The easiest method to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Binstead conveyancing specialists.
Am I right to be concerned by brokers that I am dealing with are encouraging me to use a factory type conveyancing firm as opposed to a High Street Binstead conveyancing practice?
As with many professional services, often suggestions from family and friends can be most helpful. Yet there are numerous players in a conveyancing deal; estate agents, mortgage brokers and mortgage companies might all recommend lawyers to retain. Sometimes the lawyers might be known to one of the organisations as experts in their field, but sometimes there might be a commercial relationship behind the recommendation. You are free to choose your preferred conveyancer. Don't forget that most banks have an approved list of law firms you have to use for the lender related work in your home move.