We hired a Epsom based firm for my conveyancing in Epsom last week. After carefully reading the fine print it is apparent thatI am responsible for fees even if the dealfalls through. Should I ditch them and use a web based conveyancing company promoting no move no charge conveyancing in Epsom?
It is usually a trade off in that if "No Sale No Fee" is available then the fee levels will generally be more expensive to cover the cases that do not go ahead. Also remember that these arrangements generally do not cover disbursements for instance Epsom conveyancing search expenses.
Despite weeks of looking the Title Certificate and documents to our home can not be found. The lawyers who handled the conveyancing in Epsom 10 years ago have long since closed. What do I do?
Gone are the days when you need to have the physical original deeds to evidence that you are the registered proprietor of land or premises, as the Land Registry have everything they need in a digital format.
I am buying my first flat in Epsom with a mortgage from The Royal Bank of Scotland. The sellers refused to reduce the price so I negotiated five thousand pounds worth of additionals instead. The sale representative suggested that I not to tell my solicitor about the deal as it will jeopardize my mortgage with The Royal Bank of Scotland. 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 decided to have a survey done on a house in Epsom prior to appointing conveyancers. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some lenders may not grant a loan on this type of premises.
It depends who your proposed lender is. Santander has different instructions from Nationwide. If you call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Epsom. Conveyancing may be slightly more expensive based on your lender's requirements.
We're novice buyers - agreed a price, but the property agent informed us that the owners will only move forward if we instruct the agent's chosen lawyers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a high street conveyancer used to conveyancing in Epsom
We suspect that the owner is unaware of this ultimatum. If they require ‘a quick sale', taking such a hostile approach to a motivated purchaser is counter productive. Contact the vendors directly and make sure they understand (a)you are motivated buyers (b)you are ready to go, with finances in place © you are unencumbered (d) you wish to move quickly (e)but you are going to appoint your own,trusted Epsom conveyancing solicitors - not the ones that will earn the negotiator at the agency a introducer fee or achieve conveyancing figures set by head office.
Builders have recommended to me a solicitor and I've sought an estimate from them. They are nearly £400 less expensive than my family Epsom property lawyer. Should I use them?
Housebuilders frequently have lists of solicitors who expedite matters and who know the developer’s contract and conveyancing practitioner. Plenty of developers offer an inducement to choose a preferred solicitor for this reason, any increased cost can be avoided and a builder will not put forward a conveyancing factory and run the risk of having the conveyancing delayed when they demand an exchange in 28 days. A counter-argument for not opting for the suggested solicitor is that they may prove unwilling to 'push' your interests at the risk of alienating the developer. If you worry that this may be the situation you should stick with your local Epsom lawyer.