I am assisting my niece sell her property in Kegworth. Does the conveyancing solicitor commission an energy assessment or do I organise this?
Following the abolition of HIPs, energy performance certificates remained a required element of selling a house. An EPC must be commissioned before the property is advertised. It is not as aspect of the sale process that solicitors normally organise. If you are instructing a Kegworth conveyancing practitioner they might be able to arrange EPC’s given their relationships with long established Kegworth accredited person
Are all Kegworth Conveyancing Quality Solicitors on the Barclays conveyancing panel?
A selection of lenders now use CQS as the kick off point for Panel approval such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their approved list of firms.
My partner and I are spending time viewing flats in Kegworth and I am about to put in an offer. Is it sensible to have my conveyancer on ‘stand by’? I will be getting a home loan with HSBC.
You should start obtaining conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the selling agent. Given that you are seeking a mortgage with HSBC, make sure you remember to check that your lawyer is on the HSBC conveyancing panel.
I have been told that property searches are the main cause of stalling in Kegworth conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays during the legal transfer of property. Searches are not likely to be the root cause of delay in conveyancing in Kegworth.
I'm buying my first flat in Kegworth with a loan from Accord Mortgages Ltd. The sellers would not reduce the price so I negotiated £7000 of fixtures and fittings instead. The property agent told me not disclose to my solicitor about the deal as it could put at risk my loan with the lender. 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.
I have been advised by a number of property agents in Kegworth to select a property lawyer using your seach tool. What’s the financial upside for Estate Agents to recommend your lawyers rather than another?
We refuse to make any commission for pointing buyers and sellers our way. We found it would be just too difficult a fee as members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
My husband and I are novice buyers - agreed a price, yet the estate agent advised that the vendor will only move forward if we instruct their preferred solicitors as they are insisting on a ‘quick sale’. We would rather use a high street conveyancer who is accustomed to conveyancing in Kegworth
It is improbable the owners are behind this. If they desire ‘a quick sale', alienating a serious purchaser is likely to cause more damage than good. Bypass the agents and go straight to the sellers and explain that (a)you are keen to buy (b)you are ready to go, with finances arranged © you are chain free (d) you wish to move quickly (e)but you will continue to use your preferred Kegworth conveyancing solicitors - not the ones that will give the estate agent a commission or meet his conveyancing figures set by corporate headquarters.
My conveyancing in Kegworth completes on Friday, but the vendors I am buying off wants to move out 24 hours later at PM. Should I accept this?
It is not possible to complete on a Saturday because the bank systems are not operational.