Are the St Johns conveyancing solicitors identified as being on the HSBC conveyancing panel, together with their details provided by HSBC?
St Johns conveyancing firms themselves provide us confirmation that they are on the HSBC conveyancing panel as opposed to being supplied with a list from HSBC directly.
We are expecting a mortgage offer soon. The bank mentioned the mortgage came with free conveyancing. Does this mean I have to appoint their panel solicitor as I would prefer to appoint a specialised conveyancing solicitor in St Johns?
Do check but the the probability is that give you one of their panel conveyancers should you take up the "fee-free" offer. Speak to the lender and check if they allow a monetary alternative. It is not unheard for a lender to give a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor near St Johns.
four months have gone by since my purchase conveyancing in St Johns completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. 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 am purchasing my first flat in St Johns benefiting from help to buy. The builders would not reduce the price so I negotiated £7000 of fixtures and fittings instead. The sale representative suggested that I not disclose to my lawyer about this extras as it will put at risk my loan with the 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.
Hoping to buy a property located in St Johns and I am already nervous. I couldn't find anything specific about St Johns. Conveyancing will be needed in due course but do you know about the St Johns area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at St Johns. In the meantime here are some basic statistics that we found
A couple of months ago I was advised by my bank that their panel solicitors work on no sale no charge basis for conveyancing in St Johns. My purchase did not proceed nevertheless the conveyancers have requested search fees! They are claiming that the fees are nothing to do with their fees!
By promising "no completion no fee" St Johns conveyancing lawyers are waiving their charges for any work conducted. We must stress this is not to be regarded as an insurance scheme. you will still need to reimburse any charges that your conveyancer has outlayed for you for example St Johns local authority searches