Do lawyers ask for money up-front when it comes to conveyancing in Winsford?
Where you are retaining lawyers for conveyancing in Winsford your lawyer will request that you to provide them with funds to cover the search fees. This will be the total of the cost of the conveyancing searches. When the down payment is as part of the sale price then this should be required immediately in advance of contracts are exchanged. The closing balance that is needed should be sent to your lawyer a few days prior to the day of completion.
My partner and I are selling our home in Winsford and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A local conveyancer would know this is not the case. It does beg the question why the purchasers are using a web based conveyancing firm rather than a conveyancing solicitor in Winsford. Having lived in Winsford for 5 years we know of no issue. Should we contact our local Authority to seek clarification that there is no issue.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
My wife and I purchased a terraced Georgian house in Winsford. Conveyancing solicitor represented me and Bank of Scotland. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Winsford and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with the conveyancing practitioner who conducted the work.
I'm purchasing a new build house in Winsford benefiting from help to buy. The developers would not move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent advised me not inform my solicitor about this extras as it will adversely affect my mortgage with the bank. 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.
I opted to have a survey completed on a house in Winsford prior to retaining lawyers. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some banks will refuse to grant a loan on this type of home.
It depends who your proposed lender is. Lloyds has different instructions for example to Nationwide. If you e-mail us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Winsford. Conveyancing may be slightly more expensive based on your lender's requirements.
What do I do if I am not happy with the conveyancing practitioner who did our conveyancing in Winsford?
Occasionally the level of service you receive is not as you expect, and is is a fact of life that every so often things do go wrong. However there is recourse where you were not happy with your conveyancing in Winsford. This varies from trying to resolve matters directly with them, through to reporting a solicitor to their regulator. If you remain aggrieved you may consider getting in touch with the Legal Ombudsman.