My lawyer in Walton on the Hill is not listed on the Birmingham Midshires Solicitor Panel. Can I still continue with my prefered solicitor notwithstanding that they are not on the Birmingham Midshires panel?
Your options are as follows:
- Complete the purchase with your preferred Walton on the Hill lawyers but Birmingham Midshires will need to instruct a solicitor on their panel. This will result in additional overall legal charges and cause frustration.
- Find a new practitioner to act in the purchase, remembering to check they are Birmingham Midshires approved.
- Try to convince your Birmingham Midshires solicitor to attempt to join the Birmingham Midshires panel
We are due to move property in June. Does my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you recommend a removal company in Walton on the Hill. Conveyancing lawyer was found prior to coming across your site.
On the day of completion you will need to pick up the keys from the property agent however this can only happen once the previous owners solicitors inform the agent that the monies to complete are in and the keys can be released. You should inform the removal men that they can start moving you in. We are not in a position to suggest a particular removal organisation but can assist you in finding a conveyancing in Walton on the Hill or a solicitor with expertise in conveyancing in Walton on the Hill.
We have a mortgage agreed in principle with Virgin Money. Walton on the Hill conveyancing lawyers have been appointed. How long does it take for Virgin Money to issue the offer to the conveyancing practitioner?
Some lenders take longer than others. Have Virgin Money done the survey? Have you informed Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
My fiancee and I are spending time looking at apartments in Walton on the Hill and I am about to put in an offer. Should I already have a solicitor in place at this stage? I am planning to take a home loan with TSB.
You should start obtaining conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. As you are taking out a mortgage with TSB, ask your prospective lawyers if they are on the TSB conveyancing panel otherwise they can't do the mortgage legal work.
Should commercial conveyancing searches disclose proposed roadworks that may affect a commercial site in Walton on the Hill?
Its becoming the norm that commercial conveyancing solicitors in Walton on the Hill will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Walton on the Hill. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Walton on the Hill.
For each commercial conveyancing transaction in Walton on the Hill it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can result in delays to Walton on the Hill commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Walton on the Hill.
three months have elapsed following my purchase conveyancing in Walton on the Hill concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am purchasing a new build house in Walton on the Hill with a loan from National Westminster Bank. The builders refused to budge the price so I negotiated 6k of additionals instead. The estate agent suggested that I not to tell my solicitor about this side-deal as it could adversely affect my loan with the bank. Do I keep my lawyer in the dark?.
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.
When it comes to my conveyancing in Walton on the Hill should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Walton on the Hill conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the conveyancing practitioner's time in submitting the funds this way.