My partner and I are buying a newly constructed duplex in Upper Clapton and my solicitor is informing me that she is duty bound to the mortgage company to reveal incentives from the developer. The Estate Agents are hassling me to exchange and I have no desire to prolong deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your property 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 I use your services to locate a Conveyancing solicitor in Upper Clapton even if I’m not purchasing or selling a house, for example where I wish to acquire a shop in Upper Clapton with a loan from Chelsea Building Society?
Our search tool is mainly utilised to get a quote from domestic conveyancing solicitors in Upper Clapton but we have set out towards the end of this page a selection of Upper Clapton commercial conveyancing firms. You should speak with the company directly to check if they can also act for Chelsea Building Society
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Upper Clapton. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 1/3/2025, the requirements read as follows :
I am purchasing my first flat in Upper Clapton with the aid of help to buy. The developers would not reduce the price so I negotiated £7000 of additionals instead. The property agent suggested that I not to tell my lawyer about this deal as it would put at risk my loan with the lender. Do I keep my lawyer in the dark?.
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.
As co-executor for the will of my uncle I am selling a house in Swansea but I am based in Upper Clapton. My lawyer (who is 200 kilometers from mehas requested that I sign a stat dec prior to the transaction finalising. Can you recommend a conveyancing lawyer in Upper Clapton who can attest this legal document for me?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are located in Upper Clapton
Is it true that a Upper Clapton conveyancing company taken to court by clients for failing to conduct comprehensive conveyancing searches?
We are not aware of such a Upper Clapton conveyancing matter but it has been reported that, clients acquiring a home in Cumbria successfully won a claim against their conveyancer due to development plans to construct a wind farm failing to be picked up in conveyancing searches.
Where you are thinking of buying a home in Upper Clapton It is important that your solicitor purchase all Upper Clapton conveyancing searches necessary making sure that you have accurate and current information ahead of buying a home in Upper Clapton.