Should conveyancers request money up-front for my conveyancing in Chafford Hundred?
If you are buying a property in Chafford Hundred your lawyer will ask you place them with monies to cover the the cost of the conveyancing searches. Ordinarily this is asked for to cover the fees of the conveyancing searches. When the deposit is as part of the purchase price then this will be needed shortly before exchange of contracts. Any further balance that is due will be payable a couple of days ahead of the day of completion.
If you had a top tip for selecting a conveyancing solicitor in Chafford Hundred what would it be?
Do not opt for the cheapest Chafford Hundred conveyancing fees. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
We are getting a further advance on our home loan from Aldermore as we intend to carry out improvements to our home in Chafford Hundred. Are we obliged to select a high street Chafford Hundred solicitor on the Aldermore conveyancing panel to handle the legals?
Aldermore would not normally require firms on their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Aldermore list.
I was told four weeks ago that my mortgage has been agreed to by Santander. Is it usual for Santander to only issue the offer once my solicitor in Chafford Hundred is approved on their conveyancing panel? Santander have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Santander to deal with your lawyer's application to be on the Santander conveyancing panel. There's no guarantee that your solicitor will be accepted.
I'm purchasing my first flat in Chafford Hundred with a mortgage from Accord Mortgages Ltd. The builders would not move on the price so I negotiated £7000 of additionals instead. The estate agent told me not inform my conveyancer about this deal as it will impact my mortgage with the bank. 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 encouragement of my in-laws I had a survey completed on a property in Chafford Hundred ahead of retaining solicitors. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some banks may refuse to grant a loan on such a home.
It varies from the lender to lender. Bank of Scotland has different requirements from Birmingham Midshires. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Chafford Hundred. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking for a conveyancing lawyer in Chafford Hundred for my sale. Can I check a solicitor's complaints history with the profession’s regulator?
Anyone may review documented Solicitor Regulator Association (SRA) determinations stemming from investigations from 2008 onwards. Go to Check a solicitor's record. To find records Pre 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The regulator could monitor call for training requirements.
We are in the process of purchasing a house in Chafford Hundred. Can the conveyancer have our purchase price confidential from sites such as Zoopla. How do I ensure this is not revealed?
The Land Registry as a matter of law obliged to specify price paid data on the official title for domestic properties nationwide which includes homes in Chafford Hundred. The register of title is a public document, so HMLR would be breaking the law excluded certain homes such as your property in Chafford Hundred.
In essence you can ask the Land Registry to hide the amount paid entry yet the response will be in the negative.