Our Brent Cross conveyancer has discovered a discrepancy between the assumptions in the home valuation report and what is in the conveyancing documents. My lawyer informs me that he is duty bound to check that the bank is happy with this discrepancy and is content to go ahead. Is my conveyancer’s stance right?
Your property lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
My wife and I are purchasing a apartment in Brent Cross. I might seem paranoid but how we can trust a solicitor? On completion day we will need to deposit money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We are planning to move house in August. Does my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you put forward a removal company in Brent Cross. Conveyancing firm was chosen before I stumbled across your page.
On the day of completion you can pick up the house keys from the property agent however this should only be done once the sellers lawyers confirm to the agent that the monies to complete are in and the keys can be collected. After that you should inform the removal men that they can start moving you in. We are not in a position to recommend a specific removal organisation but can assist you in locating a residential property solicitor in Brent Cross or a firm that specialises in conveyancing in Brent Cross.
Barclays have agreed my mortgage in principle, my offer on a house in Brent Cross has been agreed to, what are the next steps?
The estate agent will wish to be advised as to your solicitor's details (ensure that the conveyancing practitioners are on the lender’s approved list). Telephone Barclays or your financial adviser and finalise any appropriate forms. Barclays will sellect a valuer who will get in contact with the selling agent or seller to book an appointment. Once conducted (assuming no problems) it takes approximately a week to get a mortgage offer. Barclays will send the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Brent Cross.
I am buying a new build house in Brent Cross with a mortgage from The Royal Bank of Scotland. The builders refused to reduce the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep advised me not reveal to my solicitor about the deal as it will jeopardize my loan with The Royal Bank of Scotland. 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'm remortgaging my current house to a buy to let loan with Godiva Mortgages Ltd and intend to use the remaining equity as a down payment on further house. The neighborhood we are looking at is Brent Cross. Will your lawyers be able to act for both sets of banks and tie in the transactions?
Make use of our comparison tool on this page to ensure that the lawyers are on the relevant lender panels. On the basis that they are the lawyer should be able to connect the two conveyancing matters but you should have a chat with you lawyer and specify your expectations and needs.
I need to instruct a conveyancing lawyer in Brent Cross for my house move. Is there any facility to see a solicitor's record with the profession’s regulator?
Anyone can see published Solicitor Regulator Association (SRA) decisions arising from inquisitions commenced on or after 1 January 2008. Visit Check a solicitor's record. For information Pre 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The SRA could recorded call for training reasons.
We have AIP from Birmingham Midshires who indicated that they will loan up to £400k. At what point do I need to appoint a lawyer for conveyancing? Brent Cross is where we are purchasing.
It would be wise to appoint a conveyancing practitioner now so that the lawyer can open the file so they can conduct the AML checks etc. Once you wish them to start work they will seek a deposit normally approximately £225. That would generally be after you have the loan offer from the bank and survey report, however should you want to expedite matters you can start quicker even though you may be risking some money.