I opted for a high street solicitor for our conveyancing in Topsham yesterday. Upon checking the Ts and Cs I notewe are on the hook for fees even if our purchase aborts. Should I go with them or appoint a web based solicitor practice offering no-sale-no-fee conveyancing in Topsham?
Generally there is a compromise along the lines that if "No Sale No Fee" is offered then the conveyancing charges will generally be higher to counteract the conveyances that do not proceed. Please beware that such promotions tend not to cover expenditure for example Topsham conveyancing search fees.
Can I use your services to locate a Conveyancing solicitor in Topsham even where I’m not buying or disposing of a house, for instance where I intend to acquire an office in Topsham with a mortgage from TSB?
Our comparison service is primarily utilised to help choose residential conveyancing solicitors in Topsham but we have recorded towards the bottom of this page a selection of Topsham commercial conveyancing firms. You should speak with the solicitors directly to establish if they are also authorised to represent TSB
Will our solicitor be asking questions concerning flooding as part of the conveyancing in Topsham.
Flooding is a growing risk for solicitors dealing with homes in Topsham. There are those who buy a property in Topsham, completely aware that at some time, it may suffer from flooding. However, leaving to one side the physical damage, where a house is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or sell the premises. Steps can be carried out during the course of a property purchase to forewarn the buyer.
Lawyers are not qualified to offer advice on flood risk, but there are a number of searches that can be carried out by the buyer or on a buyer’s behalf which will figure out the risks in Topsham. The conventional set of information sent to a purchaser’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a standard question of the seller to discover whether the premises has suffered from flooding. In the event that flooding has previously occurred which is not disclosed by the seller, then a purchaser may commence a compensation claim as a result of such an misleading answer. A buyer’s conveyancers may also commission an enviro search. This should disclose whether there is any known flood risk. If so, additional investigations will need to be conducted.
I completed on my apartment on 14 October and the transaction details are still not on the land registry website. Need I be worried? My conveyancing solicitor in Topsham said it would be concluded in less than a month. Are properties in Topsham particularly slow to register?
There is nothing unique about conveyancing in Topsham registration formalities. As opposed to being determined by geographic area, timeframes can vary depending on the party submitting the application, whether there are errors and whether the Land registry must send notices to any other persons or bodies. As of today roughly three quarters of submission are fully addressed within 12 days but some can be subject to extensive delays. Historically registration takes place once the new owner is living at the premises so 'speed' is not typically primary concern but if there is a degree of urgency associated with the registration then you or your lawyers must communicate with the Registry to express the reasoning for the application to be prioritised.
I'm purchasing a new build house in Topsham benefiting from help to buy. The sellers refused to move on the amount so I negotiated £7000 of fixtures and fittings instead. The estate agent suggested that I not reveal to my solicitor about this extras as it could put at risk my loan with Barnsley Building Society. Should I keep quiet?.
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.
I have been pointed in your direction by a couple of local property agents in Topsham to select a conveyancer on your site. What’s the financial upside for Estate Agents to market your lawyers over alternative conveyancing organisations?
We refuse to give any commission for pointing buyers and sellers to this site. We found it would be just too difficult a fee as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.