We are buying a flat and require a conveyancing solicitor in Bickley who is on the Nottingham conveyancing panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Nottingham . We don't recommend any particular firms conducting conveyancing in Bickley.
I'm the sole beneficiary of my late mum's will and I have everything in my name now, including the my former home in Bickley. Conveyancing formalities meant that the Land Registry date was in June. I plan to dispose of the property. I understand that there is a CML 6 month 'rule', meaning my property ownership may be regarded the same way as if I'd bought the property in June. Will no one buy the property for half a year?
The CML handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be impacted by that. Some mortgage companies would take a sensible view as this requirement is principally there to pick up on the purchase and immediately sell or the wholesaling and assigning of properties.
When it comes to lenders such as Skipton, do Bickley property lawyers face a yearly amount to be on the conveyancing panel?
We are unaware of any lender fees to be on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
We were going to get a OIP from TSB this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do TSB recommend any Bickley solicitors on the TSB conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Bickley solicitors independently although you'll need to choose one on the TSB conveyancing panel. The solicitor represents both you and TSB through the process.
2 months have gone by since my purchase conveyancing in Bickley concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. 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 asset 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 buying my first flat in Bickley with a loan from National Westminster Bank. The sellers would not budge the amount so I negotiated 6k of fixtures and fittings instead. The sale representative suggested that I not reveal to my lawyer about the extras as it will jeopardize 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.
Is it best to appoint a Bickley conveyancing practitioner who is local to the property I am hoping to buy? An old friend can handle the conveyancing however his firm is located over three hundred miles away.
The benefit of a high street Bickley conveyancing practice is that you can drop in to execute documents, present your ID and apply pressure on them if necessary. Having local Bickley know how is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If other friends have used your friend and on the whole were happy that must outweigh using an unfamiliar Bickley conveyancing lawyer solely due to them being based in the area.
I have been recommended a conveyancing solicitor in Bickley. I need to find out if they are listed on the lender's approved list of lawyers. Could you or the bank confirm if they are on the panel?
It’s a good idea call your conveyancer and ask them if they are on the lender's approved list. If that does not help get in touch with us and we can investigate and revert. Should the firm not be on the lender panel we we can help find a quality conveyancing solicitor in Bickley on the panel for your lender.