How up to date is your search tool for Waltham Forest conveyancing solicitors on the Nationwide conveyancing panel? Do Nationwide send you an updated list?
Waltham Forest conveyancing firms themselves provide us confirmation that they are on the Nationwide conveyancing panel as opposed to being supplied with a list from Nationwide directly.
Should my solicitor be raising enquiries about flooding as part of the conveyancing in Waltham Forest.
The risk of flooding is if increasing concern for solicitors carrying out conveyancing in Waltham Forest. Plenty of people will buy a house in Waltham Forest, fully aware that at some time, it may suffer from flooding. However, aside from the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, suitable insurance cover, or sell the property. Steps can be carried out during the course of a house purchase to forewarn the purchaser.
Conveyancers are not qualified to offer advice on flood risk, however there are a number of searches that may be undertaken by the purchaser or by their solicitors which can figure out the risks in Waltham Forest. The conventional set of information supplied to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual inquiry of the seller to find out whether the premises has historically flooded. If flooding has previously occurred which is not disclosed by the owner, then a buyer may issue a compensation claim stemming from an inaccurate answer. The purchaser’s lawyers will also commission an enviro search. This should indicate whether there is any known flood risk. If so, further inquiries will need to be carried out.
I'm purchasing a new build house in Waltham Forest benefiting from help to buy. The builders refused to reduce the amount so I negotiated 6k of additionals instead. The sale representative told me not inform my solicitor about the deal as it will impact my loan with the lender. Is this normal?.
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.
Due to the input of my in-laws I had a survey completed on a house in Waltham Forest prior to appointing lawyers. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some lenders tend not issue a mortgage on a flying freehold property.
It varies from the lender to lender. Bank of Scotland has different instructions from Birmingham Midshires. Should you wish to telephone us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Waltham Forest. Conveyancing may be slightly more expensive based on your lender's requirements.
As co-executor for the estate of my uncle I am selling a house in Neath but reside in Waltham Forest. My lawyer (approximately 250 kilometers awayneeds me to execute a stat dec before the transaction finalising. Can you recommend a conveyancing lawyer in Waltham Forest who can attest and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are based in Waltham Forest
I cannot attend my Waltham Forest conveyancing solicitors office to execute documents connected to my conveyancing in Waltham Forest – will this be problematic?
No. Waltham Forest conveyancing lawyers can handle home moves for clients nationally. You are unlikely to be required to visit a Waltham Forest conveyancers office. They can handle all communications via post, email, telephone and fax.