My wife and I are buying a house in Chopwell. I might seem paranoid but how we can trust a lawyer? On completion day we have to deposit funds into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I have decided to exercise my right to buy my property in Chopwell off the council. I have a mortgage offer with HSBC. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with HSBC, you will need to appoint a solicitor on the HSBC conveyancing panel.
After weeks of negotiation I have agreed a price on an apartment in Chopwell. My financial adviser pressured me to appoint their property lawyer. I paid an advanced payment of £200. Shortly after, the conveyancing practitioner called me embarrassingly acknowledging that they were not on the Lloyds conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Lloyds panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I have recentlyfound out that Stirling Law have been shut down. They carried out my conveyancing in Chopwell for a purchase of a leasehold flat 18 months ago. How can I establish that my home is registered correctly in the name of the former proprietor?
The quickest way to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Chopwell conveyancing specialists.
I'm buying my first flat in Chopwell with the aid of help to buy. The sellers would not move on the price so I negotiated five thousand pounds worth of additionals instead. The property agent suggested that I not to tell my conveyancer about this side-deal as it will adversely affect my mortgage with the bank. Is this normal?.
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 downsizing from my property. My past lawyers have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Chopwell if that makes things easier.
Do use our search tool to help you choose a solicitor for your conveyancing in Chopwell. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
Am I better off to use a Chopwell conveyancing lawyer who is local to the property I am purchasing? I have an old university friend who can conduct the conveyancing but his firm is located 400miles drive away.
The benefit of a local Chopwell conveyancing firm is that you can pop in to sign documents, deliver your ID and pester them where appropriate. They will also have local intelligence which is a plus. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and on the whole were impressed that should surpass using an unfamiliar Chopwell conveyancing lawyer solely due to them being round the corner.
The lawyers handling our conveyancing in Chopwell has sent papers to review that reveal that the land is unregistered with epitome documents. Surely all property in Chopwell are registered?
Although most properties in Chopwell are now registered with HMLR there are still a few that are unregistered. Any property in Chopwell that has been purchased since the late 1980’s will have been registered at the HM Land Registry under the compulsory ‘first registration’ scheme. However, if a Chopwell property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Plenty of Chopwell conveyancing practitioners should be able to handle this type of conveyancing but in the event that uncertainty exists the prevailing advice nowadays is for the seller to register the title first and subsequently deal with the sale conveyance - this this chain of events will cause a drawn-out transaction.