Do the conveyancing lawyers that you recommend conduct auction conveyancing in Woodborough?
We know of a number of auction solicitors we can put you in touch with those conducting auction conveyancing. Woodborough is one of our locations where our lawyers have offices.
What is the first thing I need to know regarding purchase conveyancing in Woodborough?
Not many law firms or advisers will tell you this but conveyancing in Woodborough or throughout England and Wales is often a confrontational process. Put another way, when it comes to conveyancing there exists plenty of room for confrontation between you and others involved in the legal transfer of property. For example, the seller, property agent and sometimes a bank. Choosing a solicitor for your conveyancing in Woodborough is a critical decision as your conveyancer is your adviser, and is the ONLY party in the transaction whose role it is to act in your legal interests and to protect you.
On occasion a third party with a vested interest may try and sway you that it is in your interests to do things their way. For instance, the property agent may claim to be assisting by suggesting your solicitor is wrong. Or your financial adviser may try to convince you to do take action that is against your conveyancers recommendation. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
The Woodborough conveyancing solicitors that I appointed last week on my house acquisition in Woodborough have suddenly shut down. I chose them because I needed a firm on the Nationwide conveyancing panel and my previous Woodborough lawyer was not. I paid them £170 in advance. What should be my next steps?
Assuming that you have an Estate Agent in the equation then let them know immediately so that they can let the sellers know that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Nationwide conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to assist.
four months have gone by following my purchase conveyancing in Woodborough completed. I have checked the Land Registry website which shows that I paid £200,000 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 Woodborough with a loan from Chelsea Building Society. The builders refused to budge the price so I negotiated £7000 of fixtures and fittings instead. The house builders rep advised me not inform my lawyer about this deal as it would affect my loan 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.
My husband and I are FTB’s - had an offer accepted, yet the selling agent has warned us that the seller will only issue a contract if we use the agent's chosen lawyers as they are insisting on a ‘quick sale’. My instinct tells me that we should use a local conveyancer accustomed to conveyancing in Woodborough
It is improbable the owners are driving this. Should the owner want ‘a quick sale', alienating a motivated purchaser is counter productive. Speak to the owners direct and explain that (a)you are serious purchasers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you intend to appoint your own,trusted Woodborough conveyancing lawyers - not the ones that will provide their negotiator at the agency a referral fee or achieve conveyancing figures pre-set by HQ.