Having been recommended your site we were going to go ahead with a conveyancing solicitor in Longfield endorsed on your site but have come across some other costs illustrations on the internet look less expensive – why is this?
There are numerous conveyancing organisations promoting pretending to offer cut-price conveyancing, but additionalcharges end up with the completion bill mounting up beyond all recognition. In accordance with regulatory requirements charges set out in terms and conditions should be equitable and be applied The law firms that we list for conveyancing in Longfield clearly state all legal fees for a standard conveyancing transaction.
We note that you have a post code search directory listing firms on the Nationwide conveyancing panel. Do companies pay you a commission if I appoint them for our own conveyancing in Longfield?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Longfield.
I am looking to buy a property and require a conveyancing solicitor in Longfield who is on the Bank of Ireland conveyancing. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Bank of Ireland in certain locations such as Longfield. We dont recommend any particular firm.
I'm purchasing a new build house in Longfield with a mortgage from Santander. The developers refused to reduce the price so I negotiated £7000 of additionals instead. The house builders rep suggested that I not reveal to my lawyer about the side-deal as it may put at risk my loan with the lender. Is this normal?.
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 decided to have a survey carried out on a house in Longfield ahead of instructing conveyancers. I have been told that there is a flying freehold element to the house. The surveyor has said that some lenders will refuse to give a mortgage on such a home.
It depends who your proposed lender is. HSBC has different requirements for example to Halifax. Should you wish to call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Longfield. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Longfield to see if the conveyancing costs will increase in light of this.
I was pointed in your direction by two or three local selling agents in Longfield to locate a solicitor on your site. What’s the financial advantage for Estate Agents to promote your lawyers ahead of alternative conveyancing organisations?
We don’t make any financial incentive for sending work our way. We thought it would be too underhand a fee because 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.