We see that you have a search directory identifying solicitors on the Nationwide conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Beacon Hill?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Beacon Hill.
Various internet forums that I have come across warn that are the main reason for delay in Beacon Hill house deals. Is this right?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of delays in the conveyancing process. Searches are not likely to feature in any slowing down conveyancing in Beacon Hill.
I'm purchasing my first flat in Beacon Hill benefiting from help to buy. The builders would not move on the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative advised me not inform my conveyancer about the deal as it may put at risk my mortgage with the bank. Do I keep my lawyer in the dark?.
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 decided to have a survey done on a house in Beacon Hill prior to retaining lawyers. I have been told that there is a flying freehold overhang to the property. The surveyor has said that some mortgage companies will refuse to issue a loan on such a property.
It depends who your proposed lender is. Lloyds has different requirements for example to Nationwide. Should you wish to telephone us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Beacon Hill. Conveyancing will be smoother if you use a solicitor in Beacon Hill especially if they regularly deal with such properties in Beacon Hill.
In what way can the Landlord & Tenant Act 1954 affect my business premises in Beacon Hill and how can you help?
The 1954 Act provides protection to business tenants, giving them the right to make a request to court for a continuation of occupancy at the end of the lease term. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Beacon Hill is one of the many locations in which our lawyers are located
I’m about to sell my garden apartment in Beacon Hill.Conveyancing is yet to be initiated but I have just received a yearly maintenance charge demand – should I leave it to the buyer to sort out?
It best that you clear the invoice as you normally would given that all ground rent and maintenance payments will be allottedas part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process