Finally, a loan offer from NatWest for the refinancing of my 4 bedroom flat is to be issued within the next few days. Are you able to propose a cheap conveyancing law firm in New Forest?
This site is not designed to aid those in pursuit of the lowest fares for conveyancing solicitors in New Forest. Our aim is to provide value for money conveyancing but our intention is not to work with the cheapest lawyers. Resist the temptation to appoint companies enticing you with low cost conveyancing in New Forest. At best, in deciding on cheap conveyancing, you will earn what you pay for and at worst you will end up paying a lot in additional fees and still not get the service expected.
I am purchasing a house for cash in New Forest. I have been residing for the last Seventeen years in New Forest. Conveyancing searches are expensive. As I have knowledge of the area and road intimately should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a mortgage, then almost all of the New Forest conveyancing searches are optional. Your lawyer will try and steer you, perhaps strongly, that you should have searches carried out, but he is duty bound to take that path of guidance. One thing to bear in mind; if you are intend to dispose of the house in the future, it may be of relevance to your prospective purchaser what the searches disclose. Sometimes properties with functional issues can still show up unfavourable search results. A good conveyancing solicitor in New Forest should provide you some constructive guidance here.
My wife and I have recently appointed a conveyancing solicitor in New Forest. I I would like to check whether they are on the HSBC Bank conveyancing panel. Could you help?
The first thing you should do is e-mail the lawyer and ask them if they are on the lender panel. Alternatively you should call HSBC Bank who may be able to confirm.
It has been five months since my purchase conveyancing in New Forest concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm buying a new build house in New Forest with the aid of help to buy. The sellers would not move on the price so I negotiated £7000 of extras instead. The estate agent suggested that I not to tell my lawyer about this deal as it may impact my loan with the lender. Is this normal?.
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.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a simple, chain free conveyancing. New Forest is the location of the property. Can you offer any advice?
Flying freeholds in New Forest are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside New Forest you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in New Forest may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.