We note that you have a post code search directory identifying law firms on the Nationwide conveyancing panel. Do firms pay you a referral fee if I instruct them for our conveyancing in West Hampstead?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in West Hampstead.
What does a local search reveal regarding the property my wife and I purchasing in West Hampstead?
West Hampstead conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search company for instance PSG The local search is essential in every West Hampstead conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your new home. The search will reveal information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
I am purchasing a new build house in West Hampstead benefiting from help to buy. The builders would not reduce the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep told me not disclose to my lawyer about this deal as it will impact my loan with the lender. Is this normal?.
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.
Due to the guidance of my in-laws I had a survey completed on a house in West Hampstead prior to appointing solicitors. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some lenders may refuse to give a mortgage on this type of home.
It depends who your proposed lender is. HSBC has different requirements for example to Halifax. Should you wish to telephone us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in West Hampstead. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm remortgaging my primary house to a BTL loan with The Mortgage Works and intend to use the remaining equity towards further property. The neighborhood we are talking about is West Hampstead. Will your solicitors be able to act for both sets of lenders and link together the conveyances?
Do use our search tool on this site to check that the lawyers are approved by both banks. Having checked that they are the solicitor should be able to tie up the two deals but you should have a chat with you conveyancer and specify your desired outcome and needs.
At long last our conveyancing in West Hampstead is completing this Friday, but the people I am purchasing from wishes to vacate 24 hours later at noon. Can I accept such a plan?
In situations where you are having a mortgage then your lawyer will demand that the property isvacant on Friday - the mortgage company will demand it.