What is the most effective way to find the right solicitor who can give a quality service for my conveyancing in Wick?
First ask the people you trust who they would recommend.
Option 2 is to look on the web for conveyancing in Wick. Phone two or three listed and request that they email you their conveyancing fees and have a conversation with the lawyer who will handle the conveyancing prior tomaking your choice.
Third is to make use of our search tool to help you find the right solicitors for you based on your personal factors including area of the property,timings, complexity and who the proposed mortgage company is. Resist the temptation to opt for low cost conveyancing in Wick
Our god-son is in the process of securing a new build apartment in Wick with a mortgage from Principality. His lawyer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Principality conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Principality conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
What is the optimum way to find out if the solicitor handling my conveyancing in Wick is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Bank of Scotland thus paying £175.00 in supplemental conveyancing fees.
Please do take advantage of the search tool on this web page. Pick the mortgage company and type ‘Wick’ or your preferred area and you will be presented with numerous conveyancers located in Wick or nearest you.
My colleague suggested that if I am purchasing in Wick I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes quoted for as part of the standard Wick conveyancing searches. It is not a small document of more than thirty pages, listing and setting out significant information about Wick around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Wick Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Wick Education with maps and statistics, Local Amenities and other useful data about Wick.
I'm purchasing my first flat in Wick with a loan from National Westminster Bank. The builders would not move on the price so I negotiated five thousand pounds worth of extras instead. The estate agent advised me not to tell my solicitor about the extras as it could jeopardize my mortgage with the lender. 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.
Our mortgage broker has suggested using their property lawyer for the conveyancing in Wick - Surely it’s easier to just instruct them?
It is not always the case and you are at liberty to use whichever solicitor you prefer for your Wick conveyancing. The property lawyer suggested by a 3rd party adviser may not always be the right lawyer, they may suggest their own conveyancing firm who are based far away. In this instance you may not have contact with your conveyancing practitioner and due to the lack of continuity in the transaction, it may be difficult to obtain progress reports.