I opted for a Chantry based firm for my conveyancing in Chantry last week. After carefully reading the Terms I seeI am liable for charges even if the movedoes not go ahead. Should I go with them or instruct a web based lawyer advertising no completion no cost conveyancing in Chantry?
Generally there is a concession along the lines that if "No Completion No Fee" is available then the conveyancing charges will generally be uplifted to cover those conveyances that abort. Please beware that these arrangements rarely cover outlay for example Chantry conveyancing search fees.
My nephew is purchasing a new build apartment in Chantry with a mortgage from Bank of Ireland. His solicitor has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Bank of Ireland conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Bank of Ireland conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I have been recommended a conveyancing solicitor in Chantry. I need to find out whether they are on the Chelsea Building Society approved list of lawyers. Could you or the lender confirm if they are on the panel?
The first thing to do is e-mail the conveyancer and enquire whether they can act for the lender. Otherwise you should get in touch with Chelsea Building Society who may be able to confirm.
What will a local search tell me regarding the house my wife and I purchasing in Chantry?
Chantry conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search organisations for instance Searchflow The local search plays a central role in most Chantry conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your property. The search should reveal information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
How does conveyancing in Chantry differ for new build properties?
Most buyers of new build residence in Chantry come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is completed. This is because developers in Chantry tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Chantry or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what should have been a straight forward, chain free conveyancing. Chantry is the location of the property. Can you offer any opinion?
Flying freeholds in Chantry are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Chantry you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chantry may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.