My fiance’s brother is a solicitor. I hope that I will be offered mate’s pricing for conveyancing, but if not, what level of fees would I typically be looking at for conveyancing in Durrington?
You should contrast pricing. Do use our comparison tool on this site. The fees seem to be different but service levels do are distinct between property lawyers as is true with most professions.
What happens if my lawyer’s firm is expelled from the HSBC Solicitor panel ahead of completing my conveyancing in Durrington?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
I am assisting my step-mother sell her property in Durrington. Will the conveyancer arrange the energy performance certificate or do I organise this?
Following the demise of HIPs, energy performance certificates was kept a compulsory element of moving property. An EPC must be commissioned prior to the property being put on the market. This is not something that solicitors ordinarily organise. If you are using a Durrington conveyancing practitioner they might be willing to arrange EPC’s due to their contacts with reputable Durrington accredited person
My stepmother informed me that in buying a property in Durrington there may be various restrictions preventing external alterations to a property. Is this right?
There are a number of properties in Durrington which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Durrington should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I happen to be the single recipient of my late father’s estate with all property in now in my sole name, including the house in Durrington. The Durrington property was put into my name in December. I want to move. I understand that there is a CML six month 'rule', meaning my proprietorship could be treated the same way as if I'd bought the property in December. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. Some mortgage companies would take a sensible view as this provision principally exists to pick up on the purchase and immediately sell or the quick reselling of property.
I am buying my first flat in Durrington with the aid of help to buy. The developers refused to budge the price so I negotiated £7000 of additionals instead. The estate agent advised me not disclose to my lawyer about the extras as it may adversely affect my mortgage with the lender. Should I keep quiet?.
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 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.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a quick, no chain conveyancing. Durrington is where the house is located. Can you shed any light on this issue?
Flying freeholds in Durrington are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Durrington you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Durrington may determine 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.
My father has urged me to instruct his conveyancers in Durrington. Do I follow his recommendation?
There are no two ways about it it’s preferable to select a conveyancing solicitor is to get recommendations from friends or family who have previously instructed the solicitor you're are thinking of instructing.