Is there a reason why leasehold purchase conveyancing in Haverhill costs more?
The conveyancing charges on a leasehold premises in Haverhill is inevitably greater than on a freehold property. This is due to the extra work required in liaising with the freeholder and management company to collate the information concerning whether the rent and maintenance fee have been paid and whether there are any major works due in the near future on repairs or maintenance of the building.
Do the Building Society Association intend to launch a online directory to to identify law firms on the Norwich and Peterborough Building Society conveyancing panel for example in Haverhill?
Lexsure has not been advised of any intention on the part of the BSA to promote such a search facility.
My stepmother advised me that in buying a property in Haverhill there could be various restrictions as to what one can do in terms of external alterations to the property. Is this right?
We are aware of anumerous of properties in Haverhill which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Haverhill should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I had a mortgage agreed in principle with HSBC. Haverhill conveyancing practitioners were chosen. How long does it take for HSBC to forward the offer to the conveyancing practitioner?
Some lenders take longer than others. Have HSBC conducted the valuation? Have you informed HSBC as to your lawyers' details and checked that your lawyers are on the HSBC conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
My fiancee and I are in the process of viewing flats in Haverhill and I am now considering a potential offer. Should I already have a property lawyer appointed at this point? I will be getting a home loan with Lloyds.
You should start obtaining conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the estate agent. As you are obtaining a mortgage with Lloyds, ask your prospective lawyers if they are on the Lloyds conveyancing panel otherwise they can't do the mortgage legal work.
I'm purchasing my first flat in Haverhill with the aid of help to buy. The developers refused to reduce the amount so I negotiated 6k of extras instead. The property agent suggested that I not to tell my solicitor about this deal as it may affect my loan with the bank. 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.
My husband and I are first time buyers - agreed a price, yet the estate agent advised that the vendor will only move forward if we appoint the agent's preferred conveyancers as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a family conveyancer used to conveyancing in Haverhill
We suspect that the seller is not behind this request. Should the seller require ‘a quick sale', turning down a genuine buyer is going to damage their objectives. Avoid the agents and go straight to the sellers and make the point that (a)you are genuine buyers (b)you are ready to progress, with finances in place © you are unencumbered (d) you wish to move quickly (e)however you are going to use your preferred Haverhill conveyancing firm - as opposed tothose that will give the estate agent a kickback or hit his conveyancing figures demanded by corporate headquarters.
How easy is it to change a solicitor as I need to find a Haverhill based conveyancer who is on the mortgage company conveyancing panel. Is it advisable to appoint a new law firm?
If you haven't yet appointed a conveyancer to commence the conveyancing and at this stage simply received an estimate as to costs, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Haverhill that you're considering.