I am assisting my mother sell her property in Felling and Pelaw. Will the conveyancing solicitor order the EPC or do I organise this?
After the abolition of Home Packs, EPC’s was retained a compulsory element of selling a house. An energy assessment must be commissioned before the property is marketed. This is not something that lawyers normally organise. If you are instructing a Felling and Pelaw conveyancing lawyer they may help arrange EPC’s given their contacts with long established Felling and Pelaw providers
I have been advised by my lawyer that lack of planning permission insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Felling and Pelaw?
The appropriate level of lack of planning permission indemnity insurance should be dictated by who your lender. It would differ for example between HSBC Bank and Coventry Building Society. Conveyancing solicitors as opposed to borrowers take out such insurances.
We were going to get a OIP from HSBC this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do HSBC recommend any Felling and Pelaw solicitors on the HSBC conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Felling and Pelaw solicitors independently although you'll need to choose one on the HSBC conveyancing panel. The solicitor represents both you and HSBC through the process.
What does a local search tell me concerning the house I am buying in Felling and Pelaw?
Felling and Pelaw conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search company such as Onsearch The local search plays an important role in many a Felling and Pelaw conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your new home. The search will provide information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
I am purchasing a new build house in Felling and Pelaw with the aid of help to buy. The developers would not move on the amount so I negotiated £7000 of extras instead. The sale representative advised me not disclose to my conveyancer about the side-deal as it could impact my mortgage with the bank. 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.
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a quick, chain free conveyancing. Felling and Pelaw is where the house is located. Can you shed any light on this issue?
Flying freeholds in Felling and Pelaw are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Felling and Pelaw you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Felling and Pelaw may ascertain 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.
I was pointed in your direction by a few estate agents in Felling and Pelaw to get a quote from a solicitor using your seach tool. What’s the financial inducement for Estate Agents to market your lawyers ahead of another?
We refuse to offer any financial incentive for sending work in our direction. We thought it would be too underhand to pay a commission because members of the public would think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
I need to instruct a conveyancing solicitor for my conveyancing in Felling and Pelaw. I happened to chance upon a site which looks to be the ideal solution If it is possible to get all this stuff done via web that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?