Can you recommend a The Mortgage Works accepted Fenton conveyancing conveyancer finish our home move within 10 days? Am I best advised to unstruct a high street Fenton practice or a nationwide conveyancer?
We can recommend some very good Fenton conveyancing firms. You can also walk up the main road in Fenton. Go in to a couple of firms and request to see a conveyancing solicitor for a quote. Explain your deadline together with the reasons and get an assurance on speed. Appoint the one that genuine.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Fenton. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 9/5/2024, the requirements read as follows :
I am purchasing a new build house in Fenton with a mortgage from Nottingham Building Society. The developers refused to budge the price so I negotiated 6k of additionals instead. The property agent advised me not to tell my conveyancer about this extras as it may put at risk 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.
I've recently found out that there is a flying freehold element on a property I have offered on last month in what was supposed to be a simple, chain free conveyancing. Fenton is the location of the property. Is there any guidance you can give?
Flying freeholds in Fenton are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Fenton you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Fenton may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Hoping to buy a property located in Fenton and I am already nervous. I couldn't find anything specific about Fenton. Conveyancing will be needed in due course but do you know about the Fenton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Fenton. In the meantime here are some basic statistics that we found
My husband and I are new to the buying process - had an offer accepted, yet the agent has warned us that the seller will only move forward if we instruct their recommended lawyers as they need a ‘quick sale’. My instinct tells me that we should use a family conveyancer with experience of conveyancing in Fenton
It is unlikely the vendors are driving this. If they desire ‘a quick sale', turning down a serious buyer is not the way to achieve this. Speak to the vendors direct and explain that (a)you are serious buyers (b)you are ready to go, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)but you will continue to use your own,trusted Fenton conveyancing firm - not the ones that will provide their estate agent a commission or achieve conveyancing targets set by corporate headquarters.