I plan on acquiring a leasehold flat in Freshwater Bay. My Conveyancer is not listed on the bank approved panel. Is it possible for me to continue with my Freshwater Bay conveyancing solicitor even though they are not on the bank approved list?
You have a couple of choices available to you here
- Complete the purchase with your chosen Freshwater Bay solicitor but your lender will need to retain a conveyancing practitioner from their approved list. This will result in additional charges and potential interruption.
- Appoint a fresh solicitor to act in the purchase, obviously checking they are on the lender conveyancing panel.
- Appeal to your conveyancing practitioner to seek to join the bank panel
IfI was to acquire a straightforward propertyin Freshwater Bay mortgage fee and dispense with a survey and no local authority searches how much would I expect to to save on my conveyancing in Freshwater Bay?
The only saving you would make on is the disbursement for searches. A solicitor still got to do everything else - money laundering, correspond with the vendors lawyer, SDLT return, register the ownership etc. You might save a bit for them not having to register a charge but it won't be a lot.
I used Stirling Law several years ago for my conveyancing in Freshwater Bay. I now require my papers but cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracking down 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 Freshwater Bay of the conveyancing firm of solicitors you previously hired, 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 Freshwater Bay with a loan from Chelsea Building Society. The sellers would not move on the price so I negotiated 6k of fixtures and fittings instead. The house builders rep told me not inform my conveyancer about this side-deal as it could adversely affect my loan with Chelsea Building Society. Is this normal?.
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.
Are there any apps to help locate a Freshwater Bay law firm on the Barclays Direct conveyancing panel? I drive a motor bike and am willing to travel upto 10kilometers to meet the conveyancer.
You can use the tool on this page. Please select a bank and your location and you will see a number of Freshwater Bay conveyancing lawyers locally. We have detailed some Freshwater Bay conveyancing firms towards the end of this page and you can call them to check whether they are on the Barclays Direct panel
How much will conveyancing in Freshwater Bay cost?
Almost all Freshwater Bay conveyancing solicitors will agree to a set fee. In the event that extra work arise during the transaction your solicitor is duty bound to disclose to you in writing of any supplemental charges for any work as soon as it becomes apparent. Some work on a no sale no cost basis, others will charge a proportion of the set fee, depending on the stage at which the conveyancing does not proceed.
It may be helpful for you to seek two or three practices to give you a quotation.