My partner’s sister is a conveyancing practitioner. I expect that I will receive preferential pricing for conveyancing, but if not, what kind of costs would I typically be looking at for conveyancing in Banbury?
It’s prudent to get 3 or more like-for-like conveyancing quotes. Do use our comparison tool on this site. Whilst quotes may contrast greatly but the service one can expect are distinct between law firms as is the case with the vast majority of professional services.
We were just about to sign contracts for a garden flat in Banbury. We have hit a problem. The mortgage offer with Leeds Building Society expires on 29/4/2024 but the owners are suggesting a completion date of 1/5/2024. Is it possible to prolong the mortgage expiry date?
The person best placed to deal with your concern is your lawyer who is in a position to determine whether he or she is better off negotiating with the mortgage broker, seller’s lawyers, property agents or conceivably all three given what has happend in your conveyancing as of today.
I'm buying my first flat in Banbury with the aid of help to buy. The developers would not budge the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent advised me not to tell my lawyer about this extras as it will adversely affect my mortgage with the lender. Do I keep my lawyer in the dark?.
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 input of my in-laws I had a survey completed on a house in Banbury in advance of instructing conveyancers. I have been advised that there is a flying freehold aspect to the property. My surveyor has said that some banks may refuse to issue a mortgage on this type of house.
It depends who your proposed lender is. Lloyds has different requirements from 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 used to dealing with flying freeholds in Banbury. Conveyancing will be smoother if you use a solicitor in Banbury especially if they are acquainted with such properties in Banbury.
I'm refinancing my current property to a buy to let loan with Godiva Mortgages Ltd and intend to use the remaining equity as a down payment on a second house. The neighborhood we are interested in is Banbury. Will your lawyers be able to act for the two mortgage companies and tie in the transactions?
Do use our comparison tool on this site to ensure that the conveyancers are approved by both lenders. On the basis that they are the conveyancer should be able to tie up the two transactions but you should have a chat with you conveyancer and communicate your expectations and needs.
My brother has suggested that I instruct his conveyancers in Banbury. Should I find my own solicitor?
Much as we are happy to recommend a Banbury conveyancing lawyer the best way to find a conveyancing solicitor is to have recommendations from friends or relatives who have previously instructed the firm that you are contemplating using.