I decided to go with a high street lawyer for my conveyancing in Forest Hill last week. After carefully reading the official terms of business it is apparent thatwe are on the hook for costs even where the conveyance does not complete. Should I go with them or instruct a web based conveyancing company promising no move no charge conveyancing in Forest Hill?
Generally there is a compromise along the lines that if "No Sale No Fee" is available then the fee levels will tend to be be more expensive to neutralise the transactions that abort. Do bear in mind that these schemes tend not to protect you from expenses such your Forest Hill conveyancing search fees.
I am purchasing a house for cash in Forest Hill. I have been residing for the last dozen years in Forest Hill. Conveyancing searches are exorbitant. Given that I have knowledge of the road and vicinity intimately must I have all the conveyancing searches?
Provided that you do not need a home loan, then all but one or two of the Forest Hill conveyancing searches are optional. Your lawyer will 'advise', no-doubt strongly, that you should have searches carried out, but he has a professional duty to do this. One thing to consider; if you are likely to dispose of the house in the future, it may be of interest to your future purchaser what the searches disclose. Sometimes houses with functional issues can still show up adverse search results. A competent conveyancing solicitor in Forest Hill will be able to give you some practical advice in this regard.
We see that you have a post code search directory identifying law firms on the UBS conveyancing panel. Do firms pay you a referral fee if I instruct them for our own conveyancing in Forest Hill?
We are a listing service only for law firms wishing to communicate if they are on the UBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Forest Hill.
We're in Forest Hill, FTBs buying with a mortgage (lender is RBS , and our solicitor is on the RBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the RBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I understand that there are debates on Chancel Insurance on online forums. Am I compelled to have this when acquiring a residence in Forest Hill? or Apparently there is an ancient law that could mean that homeowners living in a parish church boundary may be liable to pay for maintenance to the chancel within the church. Is this appropriate for conveyancing in Forest Hill?
Unless a previous purchase of the house took place after 12 October 2013 you could expect lawyers delivering conveyancing in Forest Hill to continue to propose a a chancel search and or insurance against a claim.
I'm purchasing a new build house in Forest Hill benefiting from help to buy. The developers refused to budge the price so I negotiated 6k of additionals instead. The estate agent suggested that I not inform my conveyancer about the side-deal as it will jeopardize my mortgage with the bank. Do I keep my lawyer in the dark?.
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.