We are due to complete buying a property in Sandiacre but as a result of damage from some water damage at the property I have was able negotiate reparation from the current proprietors of three thousand pounds taking the form of a reduction in the price. I had intended this to be addressed as part of the conveyancing process however Clydesdale will not agree to this. Should they have been informed?
The property lawyer that is on the Clydesdale approved list is duty bound to disclose to Clydesdale of any variations to the sale price. If you prohibit your conveyancer to report the reduction to Clydesdale then they would have to discontinue acting for you. In addition, Clydesdale and you would have to appoint a new conveyancing practitioner for your conveyancing in Sandiacre.
We see that you have a post code search directory identifying firms on the HSBC conveyancing panel. Do firms pay you a referral fee if I instruct them for our own conveyancing in Sandiacre?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Sandiacre.
We're in Sandiacre, FTBs purchasing with a mortgage (lender is RBS , and our lawyer is on the RBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the RBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I am downsizing from our property in Sandiacre and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. Any local conveyancer would know this is not the case. It does beg the question why the buyers used a nationwide conveyancing practice rather than a conveyancing solicitor in Sandiacre. We have lived in Sandiacre for many years we know that this is a non issue. Is it a good idea to contact our local Authority to obtain clarification need.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Sandiacre is where the house is located. Can you offer any guidance?
Flying freeholds in Sandiacre are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sandiacre you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sandiacre 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 residence.
Why is New Build conveyancing in Sandiacre more expensive?
Conveyancing in Sandiacre for recently converted or new build premises usually involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as additional questions and contractual concerns.