I am selling my house in Littleover. Will the lawyer need to be required to be on the Coventry BS conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Coventry BS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently in recent years.
Do I need to take out insurance to address the risk of chancel repairs when purchasing a house in Littleover?
Unless a previous purchase of the house completed post 12 October 2013 you can expect conveyancing practitioners conducting conveyancing in Littleover to remain recommending a chancel search and or insurance against a claim.
I'm purchasing a new build house in Littleover with the aid of help to buy. The sellers would not move on the price so I negotiated 6k of additionals instead. The property agent told me not to tell my conveyancer about the extras as it could jeopardize my loan with the bank. Do I keep my lawyer in the dark?.
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.
Due to the guidance of my in-laws I had a survey completed on a house in Littleover prior to appointing lawyers. I have been informed that there is a flying freehold aspect to the property. Our surveyor advised that some banks will not issue a mortgage on this type of home.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. If you call us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Littleover. Conveyancing will be smoother if you use a solicitor in Littleover especially if they are acquainted with such properties in Littleover.
I was pointed in your direction by a couple of local estate agents in Littleover to find a conveyancer on your site. Is there a financial advantage for Estate Agents to market your lawyers over another?
We refuse to make any referral fee for pointing buyers and sellers our way. We thought it would be too underhand a fee as a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
As co-executor for the estate of my aunt I am disposing of a house in Neath but reside in Littleover. My conveyancer (approximately 250 kilometers from meneeds me to execute a stat dec prior to completion. Can you recommend a conveyancing practitioner in Littleover to witness and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will suffice regardless of whether they are based in Littleover