Me and my partner are soon to complete on the purchase of a house in Greasby but as a result of damage from the recent storms I have managed to agree compensation from the vendor of three thousand pounds by way of a reduction in the price. I had intended this to be addressed as part of a side agreement yet TSB are not allowing this. Should they have been notified?
The property lawyer that is on a TSB conveyancing panel is required to inform TSB of any changes to the sale price. If you prohibit your conveyancing practitioner to notify the price change to TSB then they would have to discontinue acting for you. In addition, TSB and you would have to appoint a new lawyer for your conveyancing in Greasby.
When scouring moneysavingexpert.com for a recommended solicitor in Greasby, most post that I must look for a CQS assured lawyer. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in home ownership transfers, trusted by some of the UK's leading mortgage companies. Four years ago the Conveyancing Quality Scheme was officially recognised by the Council of Mortgage Lenders (CML). CQS is not a scheme offered by the Society for Licensed Conveyancers. Greasby is one of the numerous areas in England and Wales where there are CQS lawyers.
We have a mortgage agreed in principle with Santander. Greasby conveyancing solicitors have been instructed. What is the average time that one could expect to receive a mortgage offer from Santander?
Some lenders take longer than others. Have Santander conducted the survey? Have you informed Santander as to your lawyers' details and checked that your lawyers are on the Santander conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I recently had an offer agreed on an apartment in Greasby. My financial adviser recommended their conveyancers. I paid an on account payment of £175. A couple of days later, the property lawyer contacted me to say that they were not on the Barclays conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Barclays panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
After what seems like an age I have had an offer on a flat in Greasby accepted, the vendors do however have a connected purchase. The sellers have placed an offer on a property, but it’s not been accepted yet, and are looking at other apartments booked. I have chosen a bricks and mortar conveyancing solicitor in Greasby. What should be my next step? At what stage do I apply for the mortgage with Aldermore?
It is normal to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is approx £1k, then valuation, Greasby conveyancing search fees, etc). First, you must ensure that your property lawyer is on the Aldermore conveyancing panel. As to the subsequent steps this very much dictated by the uniqueness of your transaction, attraction to this property and on the state of the market. During a hot market the majority of home buyers will apply for the mortgage with Aldermore and arrange for the valuation and only if it comes back ok would they pay their solicitor to proceed with searches.
The deeds to my home are lost. The conveyancers who handled the conveyancing in Greasby 10 years ago are no longer around. What are my options?
In today’s world there are copies made of almost everything, and your conveyancer should be aware precisely where to look for all the relevant paperwork so you can buy or dispose of your property without a hitch. Where copies can’t be located, your conveyancer can put in place insurance or indemnities against possible claims on the premises.
What does commercial conveyancing in Greasby cover?
Greasby conveyancing for business premises covers a wide array of advice, supplied by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
We have just had an offer accepted on our first house in Greasby, and need to get solicitors instructed. I have made use of the various comparison based websites and the quotes are from all across the the UK. Is it critical to have a Greasby property lawyer local to our prospective new home? I am happy to do everything electronically, but I am thinking at some stage we will be required to visit the conveyancer's office to sign documents?
Usually there is no need to physically visit the office of your conveyancing practitioner, they can post any relevant contracts to you, which you can sign and return. Many home movers choose to use a locally based solicitor, but it is not a prerequisite for conveyancing in Greasby.