I was referred a conveyancer who has sent a quote for £1200 for no sale no fee conveyancing in Chislehurst. I’m hoping to sell a Edwardian property for £150,000. Is this expensive? Is it above what I should be paying for conveyancing in Chislehurst?
The estimate does seem marginally overpriced. Where you are prepared to expend time contrasting prices you might get the conveyancing a bit cheaper by say £100 plus VAT. That being said, you couldlive to regret opting for an an untested conveyancer. Remember to be sure the conveyancer can represent your mortgage company. You can employ our comparison tool to choose a Chislehurst conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Chislehurst.
The sellers of the house we are looking to purchase have instructed a conveyancing solicitor in Chislehurst who has suggested a preliminary contract with a payment 10k. Are such agreements sensible?
There are a couple of primary concerns with entering into any lock out contract (sometimes termed a shut-out contract) is that it diverts attention away from moving forward with the conveyancing process, so unless it requires minimal or no negotiation then it could turn out to be a cause of frustration and delay. It is not particularly popular by Chislehurst conveyancing solicitors as a result. A further issue is the extent of the remedies available - a jilted purchaser should not expect to obtain an injunctive ruling by a court to prohibit the seller disposing of the property to another buyer, so the only remedy open via the contract will be the recovery of abortive costs and, in limited situations, the extra payment of damages.
I am buying a property in Chislehurst. An unusual aspect is that the roof has a solar panel. Clydesdale have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Clydesdale your lawyer must comply with the conveyancing instructions set out in Part two of UK Finance Lenders’ Handbook for Clydesdale. The CML Handbook sets out minimum conditions for solar panel roof-space leases, and solicitors are required to report to Clydesdale where a lease fails to meet these requirements. The specifications relate to the installation of panels on properties in England and Wales and is not limited to Chislehurst.
I am expecting a DIP from HSBC this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do HSBC recommend any Chislehurst solicitors on the HSBC conveyancing panel, or is it better to go independently?
You will need to appoint Chislehurst solicitors independently although you'll need to choose one on the HSBC conveyancing panel. The solicitor represents both you and HSBC through the process.
I am selling my apartment. I had a double glazing fitted in November 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Co-operative are being difficult. The Chislehurst solicitor who is on the Co-operative conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Co-operative are insisting on a building regulation certificate. Why do Co-operative have a conveyancing panel if they don't accept advice from them?
It is probably the case that Co-operative have referred the matter to their valuer. The reason why Co-operative 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.
I am buying my first flat in Chislehurst with a loan from Coventry Building Society. The builders would not move on the amount so I negotiated 6k of fixtures and fittings instead. The sale representative told me not to tell my solicitor about this deal as it will jeopardize my mortgage 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 UK Finance website. UK Finance 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 decided to have a survey completed on a property in Chislehurst prior to appointing conveyancers. I have been advised that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies may refuse to give a loan on such a home.
It depends who your proposed lender is. Santander has different requirements from Birmingham Midshires. If you call us we can check 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 Chislehurst. Conveyancing may be slightly more expensive based on your lender's requirements.
Are there any apps to assist me to search for a Chislehurst solicitor on the Coventry Building Society conveyancing panel? I am a keen cyclist and am prepared to travel upto 25miles to meet the solicitor.
You can use the search on this page. Please pick a bank and your location and you will see a number of Chislehurst conveyancing lawyers locally. We have detailed some Chislehurst conveyancing firms at the bottom of this page and you can ring them to check whether they are on the Coventry Building Society member panel