We see that you have a search directory identifying solicitors on the Clydesdale conveyancing panel. Do companies pay you a referral fee if I appoint them for our conveyancing in Spondon?
We are a listing service only for law firms wishing to communicate if they are on the Clydesdale conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Spondon.
The Spondon conveyancing solicitors that I appointed last week on my purchase in Spondon have without warning shut down. They were on acting for me because I needed a firm on the Virgin Money conveyancing panel and my preferred Spondon lawyer was not. I gave my credit card details for them to take £195 for searches. What are my options?
If you have an estate agent involved then inform them straight away so that they advise the vendors that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Virgin Money conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to assist.
I need some fast conveyancing in Spondon as I am under an ultimatum to sign on the dotted line within 3 weeks. Fortunately I do not need a mortgage. Can I avoid the conveyancing searches to save fees and time?
As you are are a cash buyer you have the choice not to do searches although no lawyer would suggest that you don't. With lots of history conveyancing in Spondon the following are examples of issues that can be revealed and therefore affect future saleability: Enforcement Actions, Outstanding Charges, Outstanding Grants, Road Schemes,...
I am buying my first flat in Spondon benefiting from help to buy. The developers would not budge the price so I negotiated £7000 of additionals instead. The estate agent told me not disclose to my lawyer about this deal as it will put at risk my mortgage with National Westminster Bank. Should I keep quiet?.
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.
Is it possible to switch firm as I need to select one who is on the TSB conveyancing list. I was using a local conveyancing solicitor in Spondon round the corner but he is not accepted by TSB
It would be our pleasure to help you select a conveyancing solicitor in Spondon on the TSB panel. Please note that the property lawyers that we list do not pay us a referral fee if you instruct them and are registered with the Solicitors Regulation Authority who regulate all conveyancing solicitors in Spondon. In utilising the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Spondon.
Fiveweeks into purchasing a property in Spondon. Conveyancing lawyer has told us the title is "Leasehold". Will this likely make a difference on the salability of the house?
Spondon conveyancing does not ordinarily involve leasehold houses. The crucial consideration here is the unexpired lease term and the ground rent. If it's 999 years with a peppercorn rent, it's almost the same as freehold, so it’s unlikely to impact the saleability significantly.
On the flip side, if it's, say, fifty five years it is bound to have a material effect on the value, and most likely wouldn't be acceptable to the lender. The length of lease and ground rent will be specified in the lease to be supplied to your lawyer.