I am hoping to move into my new home in Feltham next Tuesday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the lender. What does the insurance need to cover?
Any lawyer on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook requirements. These obligations are not limited to conveyancing in Feltham.
Me and my partner are purchasing a flat in Feltham. I might seem paranoid but how we can trust a lawyer? On the day of competition we have to put funds into their account. What protection do we have from them run away with our monies?
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.
Forgive me if this question is silly but I am unseasoned as FTB of a two bedroom flat in Feltham. Do I pick up the keys to the premises on completion from my lawyer? If so, I will use a High Street conveyancing solicitor in Feltham?
On the day of completion you will not be required to attend the conveyancers office in Feltham. Your solicitors will arrange to send the completion advance to the seller's solicitors, and once they have received this, you should be called to receive the keys from the Estate Agents and start moving into the property. This tends to happen between 1 and 3pm.
I am planning to move property in March. Does my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you put forward a removal company in Feltham. Conveyancing firm was found before I stumbled across your site.
On the day of completion you will need to pick up the house keys from your property agent but this should only take place after the sellers conveyancers inform the agent that they have the completion monies and the keys can be passed over. Subsequently you will need to advise the removal men that you are ready to move in. As a matter of policy we do not suggest a specific removal company but can help you locate a conveyancing in Feltham or a legal practice with expertise in conveyancing in Feltham.
I used Stirling Law several years past for my conveyancing in Feltham. I now require my file however cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Feltham of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm buying my first flat in Feltham with the aid of help to buy. The developers refused to reduce the price so I negotiated 6k of fixtures and fittings instead. The property agent told me not reveal to my solicitor about the deal as it could impact my loan with Bank of Ireland. Should I keep quiet?.
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.
Over the last few months I have been searching for a flat up to £235,500 and identified one close by in Feltham I like with open areas and railway links nearby, however it only has 49 years unexpired on the lease. I can't really find anything else in Feltham suitable, so just wondered if I would be making a mistake acquiring a short lease?
If you require a mortgage the remaining unexpired lease term may be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
How much experience do your Feltham conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Feltham conveyancing lawyers help thousands of buyers move home every year and assisted lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Feltham conveyancers have worked on recent similar matters.