I am obtaining a mortgage offer from Halifax. I would like to use a Licensed Conveyancer in Merton Park. Does the Halifax Solicitor panel allow for conveyancers regulated by the CLC?
The Halifax approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Why do I have to pay up front for my conveyancing in Merton Park?
Where you are retaining lawyers for conveyancing in Merton Park your solicitor will request that you to provide them with funds to cover the search fees. This will be the total of the cost of the Local Authority Search. When the deposit is payable against the sale price then this should be asked for immediately ahead of exchange of contracts. Any further balance that is due should be sent to your lawyer shortly before completion.
My house in Merton Park is up for sale and I have a purchaser. Does the conveyancing practitioner have to be on the Coventry BS conveyancing panel in order to deal with paying off 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 currently.
I'm buying my first flat in Merton Park benefiting from help to buy. The developers would not budge the price so I negotiated 6k of additionals instead. The sale representative advised me not to tell my conveyancer about this extras as it could affect my loan with the bank. 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.
My company is wishing to lease a unit on a shopping parade. Can you recommend lawyers offering competitive charges for non-domestic conveyancing in Merton Park for under 1500k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Merton Park, including the disposal and acquisition of businesses as well as simply premises. If you are hoping to buy or sell a shop, pub, restaurant, office, retail unit or a whole business we can find you the right solicitor. As for the costs this will depend on the structure and nuances of the deal. Please provide us with your details or phone us so that we may furnish you with a fixed commercial conveyancing calculation.
Am I better off to use a Merton Park conveyancing solicitor based in the area that I am buying? An old friend can handle the legal formalities however his firm is located approximately 350miles drive away.
The primary upside of using a local Merton Park conveyancing firm is that you can attend the office to sign paperwork, present your identification documents and pester them if necessary. They will also have local intelligence which is a plus. However it's more important to get someone that will do a good and efficient job. If other friends have instructed your friend and they were impressed that must trump using an unfamiliar Merton Park conveyancing lawyer solely due to them being Merton Park based.