I am buying a newly constructed flat in Lancing and my lawyer is informing me that she has to the lender to disclose incentives from the developer. I am under pressure to exchange and I have no desire to prolong matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Are the Lancing conveyancing solicitors identified as being on the Clydesdale conveyancing panel, together with their details provided by Clydesdale?
Lancing conveyancing firms themselves provide us confirmation that they are on the Clydesdale conveyancing panel as opposed to being supplied with a list from Clydesdale directly.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and found one near me in Lancing I like with amenity areas and station nearby, the downside is that it's only got 51 remaining years left on the lease. I can't really find anything else in Lancing in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a mortgage the shortness of the lease will be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.
Given that I will soon spend over three hundred thousand on a two bedroom apartment in Lancing I would like to talk to a conveyancer about myconveyancing prior to giving the go ahead to the firm. Can this be arranged?
Absolutely - we would be pleased to talk to you we do not take any clients on without you liaising with the solicitor due to be carrying out your conveyancing in Lancing.There is no ‘factory style conveyancing’ - every client is an important person, not a case reference. The practices that we put you in touch with believe that the fees you are provided with for residential conveyancing in Lancing should be the amount on the final invoice that you are charged.
I am 18 days into a residential purchase having been referred to solicitors by the selling agent to handle our conveyancing in Lancing. We are not happy. Could you you assist me in finding new lawyers?
They would need to be very bad in order to consider changing them. Has the loan offer been generated? If so you will need to inform them of the replacement conveyancer and ensure the loan are re-sent. Your conveyancer needs to be on the mortgage company approved list to avoid supplemental charges and complications. That should be your first question of the new solicitors. Our find a solicitor tool will help you find a lender approved solicitor for your home move in Lancing
I need to change lawyers as my Lancing lawyer is not on the mortgage company's approved list of conveyancing solicitors. Is it practical to instruct different lawyers?
If you haven't yet instructed a conveyancer to do anything for you and at this stage simply received quotes, 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 Lancing that you're thinking of instructing.