Please could you vouch for a Godiva Mortgages Ltd approved Shildon conveyancing firm who can have us moved in within a very limited time frame? Would it be better to use a local Shildon practice or a national comparison site?
We would be happy to suggest some excellent Shildon conveyancing firms. You can also walk up the main road in Shildon. Visit a couple of law practices and ask to see a conveyancing solicitor for a costs illustration. Mention your deadline together with your reasons and ask for an assurance on your deadline. Select the one that you trust.
Why do I have to pay up front when it comes to conveyancing in Shildon?
Where you are retaining lawyers for conveyancing in Shildon your solicitor will request that you place them with monies to cover the search fees. Normally this is needed to cover the fees of the Local Authority Search. When the deposit is as part of the total price then this should be asked for immediately prior to exchange of contracts. Any further balance that is due will be payable shortly before completion.
My colleague suggested that where I am purchasing in Shildon I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally quoted for as part of the standard Shildon conveyancing searches. It is a large document of more than thirty pages, listing and setting out important information about Shildon around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Shildon Education with maps and statistics, Local Amenities and other useful information regarding Shildon.
Despite weeks of looking the Title Certificate and documents to my house are lost. The solicitors who did the conveyancing in Shildon 10 years ago have long since closed. What are my next steps?
Nowadays there are duplicates made of almost everything, and your conveyancer should know precisely where to locate all the suitable documentation so you can buy or sell your house without a hitch. Where duplicates can’t be located, your solicitor can put in place insurance or indemnities protecting you against possible claims on your property.
I am purchasing my first flat in Shildon with a mortgage from Bank of Scotland. The builders would not budge the price so I negotiated 6k of extras instead. The sale representative advised me not inform my conveyancer about the side-deal as it could 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.
Why can I not complete our conveyancing in Shildon on a bank holiday?
Because on completion the money needs to pass between the banks of the buyer and owner’s conveyancer and currently this can only take place on a business day. So you can't complete on a saturday or sunday either.