I have been recommended a conveyancing solicitor in Gerrards Cross. I I am struggling to find out if they are on the Nationwide Building Society approved list of lawyers. Can you assist?
The first thing to do is call your solicitor and ask them whether they are on the lender panel. Alternatively you can get in touch with Nationwide Building Society who may be able to help.
I happen to be the sole recipient of my late father’s will and I have everything in my name alone, including the house in Gerrards Cross. Conveyancing formalities meant that the Land Registry date was in May. I plan to dispose of the property. I understand that there is a CML six month 'rule', meaning my property ownership may be regarded the same way as though I had purchased the property in May. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be affected by that. How sensible a view banks take of it, depend on the bank as this clause principally exists to capture the purchase and immediately sell or the flipping of properties.
We are getting a further advance on our mortgage from Bank of Ireland as we wish to carry out improvements to our home in Gerrards Cross. Do we need to appoint a local Gerrards Cross solicitor on the Bank of Ireland conveyancing panel to deal with the paperwork?
Bank of Ireland would not normally appoint a member of their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Bank of Ireland conveyancing panel.
I have instructed a Gerrards Cross solicitor having made sure that they are on the Clydesdale conveyancing panel. Does my lawyer arrange the survey of the property?
Clydesdale will need an independent valuation of the property. Your lawyer will not arrange this. Usually Clydesdale will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Gerrards Cross surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I'm purchasing a new build house in Gerrards Cross with the aid of help to buy. The sellers refused to budge the price so I negotiated 6k of fixtures and fittings instead. The sale representative suggested that I not disclose to my lawyer about the side-deal as it will affect my loan with Skipton Building Society. 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.
Yesterday I discovered that there is a flying freehold element on a house I have offered on last month in what should have been a quick, chain free conveyancing. Gerrards Cross is the location of the property. Can you shed any light on this issue?
Flying freeholds in Gerrards Cross 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 Gerrards Cross you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Gerrards Cross 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 am looking to sell my house. My previous lawyers closed down. I would be grateful for any recommendation of a conveyancing firm. Im based in Gerrards Cross if that makes a difference.
Do use our search tool to help you choose a solicitor for your conveyancing in Gerrards Cross. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I am using a search engine for the words cheap conveyancing in Gerrards Cross it brings up many property lawyerslocally. With so much choice what is the best way to find the right property lawyer for my move?
The preferential way of choosing a suitable conveyancer is through a trusted recommendation, so enquire of friends and relatives who have acquired a property in Gerrards Cross or a respected estate agent or financial adviser. Charges for conveyancing in Gerrards Cross differ, so it's advisable to secure a minimum of four estimates from varying types of law firms. Dont forget to clarify what costs in the quote includes.