Can the conveyancing practitioners Indexed on your site handle auction conveyancing in Calcot?
There are a few niche solicitors we can connect you with those conducting auction conveyancing. Calcot is one of our areas of where our lawyers cover.
We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Does this mean I have to instruct their panel solicitor as I would prefer to instruct a high street conveyancing solicitor in Calcot?
You should check but the chances are that allocate you one of their panel conveyancers if you accept the "fee-free" deal. Contact the lender and explore if they allow a monetary alternative. Some banks have previously offered a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor near Calcot.
I'm purchasing my first flat in Calcot benefiting from help to buy. The builders refused to budge the price so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not to tell my lawyer about this side-deal as it may put at risk my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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 input of my in-laws I had a survey completed on a property in Calcot prior to retaining solicitors. I have been told that there is a flying freehold element to the house. Our surveyor has said that some banks will refuse to give a mortgage on a flying freehold property.
It varies from the lender to lender. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Calcot. Conveyancing will be smoother if you use a solicitor in Calcot especially if they regularly deal with such properties in Calcot.
I was recommended by a number of property agents in Calcot to select a conveyancer on your site. Is there a financial upside for Estate Agents to recommend your site rather than another?
We refuse to offer any commission for sending work in our direction. We found it would be just too difficult a fee because a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
We're FTB’s - had an offer accepted, but the agent advised that the vendor will only proceed if we use their preferred lawyers as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a local conveyancer used to conveyancing in Calcot
We suspect that the seller is not behind this request. Should the owner require ‘a quick sale', taking such a hostile approach to a genuine purchaser is is going to put the whole deal at risk. Bypass the agents and go straight to the owners and make sure they comprehend that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you are going to appoint your own,trusted Calcot conveyancing lawyers - as opposed tothose that will provide their estate agent a commission or hit his conveyancing targets demanded by HQ.