We are acquiring a new build duplex in Chesterton and my solicitor is informing me that she is duty bound to the mortgage company to reveal incentives from the seller. I am nearing the developer’s deadline to exchange and my preference is not to prolong deal. Is my lawyer right?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook requirements. 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 are planning to acquire a flat and need a conveyancing solicitor in Chesterton who is on the UBS conveyancing panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for UBS . We don't recommend any particular firms conducting conveyancing in Chesterton.
I am helping my aunt sell her property in Chesterton. Does the conveyancer commission an EPC or it is for me to coordinate?
After the abolition of Home Packs, energy assessments was left as a compulsory element of selling a house. An energy performance certificate needs to be to hand in advance of the property being placed on the market. It is not a task that solicitors normally organise. Where you are instructing a Chesterton conveyancing solicitor they may be able to arrange EPC’s given their relationships with long established Chesterton assessors
My wife and I purchasing a 3 bedroom semi in Chesterton. The intention is to carry out a loft conversion at the house.Will legal conveyancing on the property involve investigations to determine if these alterations are permitted?
Your solicitor will review the deeds as conveyancing in Chesterton will on occasion reveal restrictions in the title deeds which prohibit categories of works or require the permission of another owner. Many works require local authority planning permissions and approval in accordance building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be prudent to check these issues with a surveyor prior to committing yourself to a purchase.
Completion of my purchase has taken place for my property in Chesterton. Conveyancing was of an acceptable standard but I would like to complain about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I used Arc property Solicitors several years past for my conveyancing in Chesterton. Now, I need the files but the law firm is no longer operating. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Chesterton of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am purchasing my first flat in Chesterton with the aid of help to buy. The sellers would not reduce the price so I negotiated 6k of extras instead. The sale representative advised me not inform my lawyer about the deal as it may adversely affect my loan with the lender. Do I keep my lawyer in the dark?.
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 looking to sell my property. My previous lawyers have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Chesterton if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Chesterton. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.