My husband and I are acquiring a new build duplex in Tonteg and my conveyancer is telling me that she has to the mortgage company to reveal incentives from the developer. I am on a tight deadline to exchange contracts and my preference is not to prolong deal. Is my lawyer right?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Can your site be used to locate a Conveyancing solicitor in Tonteg even if I’m not purchasing or selling a house, for instance if I intend to buy a shop in Tonteg with a mortgage from Godiva Mortgages Ltd?
The service is mainly utilised to locate residential conveyancing solicitors in Tonteg but we have recorded at the bottom of this page a few Tonteg commercial conveyancing firms. You should make contact with the company directly to establish if they are also authorised to represent Godiva Mortgages Ltd
I need some expedited conveyancing in Tonteg as I am under a deadline to sign on the dotted line inside one month. A home loan is not required. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are not getting a mortgage you have the choice not to have searches carried out although no solicitor would recommend that you don't. Drawing on years of experience of conveyancing in Tonteg the following are instances of issues that can appear and therefore affect market value: Refused Planning Applications, Overdue Fees, Overdue Grants, Road Schemes,...
How does conveyancing in Tonteg differ for newly converted properties?
Most buyers of new build premises in Tonteg contact us having been asked by the developer to exchange contracts and commit to the purchase even before the property is completed. This is because house builders in Tonteg typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Tonteg or who has acted in the same development.
I am thinking of appointing a conveyancing solicitor in Tonteg for my home move. Is there any facility to see a firm’s complaints history with the profession’s regulator?
One can review documented Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. For records Pre 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The SRA sometimes recorded call for training reasons.
What can I do to establish who owns a house in Tonteg?
As long as the property is registered with HMLR, and you have requisite specifics of the location of the property, you will be able to view results from the HMLR of the registered owner for a for less than a fiver.