I decided to go with a Tottenham Green based firm for my conveyancing in Tottenham Green today. Upon checking the terms of engagement I seewe are responsible for charges even if the sale doesn't happen. Should I go with them or choose a web based conveyancing brokerage advertising no move no charge conveyancing in Tottenham Green?
It is usually ‘give and take’ in that if "No Sale No Fee" is offered then the fee levels will generally be uplifted to counteract those conveyances that abort. Do bear in mind that these schemes rarely protect you from disbursements such as Tottenham Green conveyancing search costs.
The owners have very pushy sellers who has suggested a exclusivity contract with a down payment of 5k. Are such agreements sensible?
There are a couple of main drawbacks with entering into any lock out agreement (occasionally termed a no-shop agreement) is that it diverts attention away from moving forward with the conveyancing work, so unless it requires minimal or no negotiation then it may turn out to be a cause of frustration and delay. It is not particularly popular by Tottenham Green conveyancing lawyers for this reason. The other main negative is the extent of the remedies available - an aggrieved purchaser should not expect to win injunctive relief to prohibit the vendor selling to a third party, so the only remedy available under the contract will be the recovery of wasted charges and, in limited situations, the additional payment of penalties.
I am currently in the process of buying my council flat in Tottenham Green. I have a mortgage agreed with TSB. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with TSB, you will need to appoint a solicitor on the TSB conveyancing panel.
I have a mortgage with Kent Reliance for my property in Tottenham Green. Conveyancing has been completed months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Kent Reliance?
Your original mortgage agreement with Kent Reliance will provide that you need their approval before renting your property as this is likely to be a breach of Kent Reliance’s mortgage conditions. It may be that Kent Reliance will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Kent Reliance directly. It should not be necessary to do this via a Kent Reliance conveyancing panel firm.
I recently had an offer accepted on an apartment in Tottenham Green. My mortgage broker pressured me to appoint their lawyer. I paid an advanced payment of £200. Soon after, the conveyancer called me sheepishly admitting that they were not on the Coventry BS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Coventry BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Despite weeks of looking the Title Certificate and documents to our home can not be found. The conveyancers who handled the conveyancing in Tottenham Green 5 years ago no longer exist. What are my next steps?
In today’s world there are copies made of almost everything, and your conveyancer will know precisely where to locate all the relevant paperwork so you can purchase or sell your property without any difficulty. If copies are not available, your solicitor may be able to put in place insurance or indemnities against future claims on the property.
I am buying a new build house in Tottenham Green with a loan from Virgin Money. The developers refused to reduce the price so I negotiated five thousand pounds worth of additionals instead. The sale representative told me not to tell my solicitor about the deal as it could adversely affect my loan with Virgin Money. 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.
At long last a mortgage offer from a mortgage company for the remortgage of my 3 bedroom garden flat is coming by the end of next week. Can you suggest a low cost remortgage conveyancing solicitor in Tottenham Green ?
You have come to the wrong place to search for a cheap conveyancing solicitors in Tottenham Green. Our goal is to offer value for money conveyancing but our intention is not to advertise as being the cheapest. Do not be fooled by brokers offering low cost conveyancing in Tottenham Green.At best, in going for cheap conveyancing, you will get what you pay for and at worst you will end up paying a lot in additional fee and still not get the service you were hoping for.