Is the fact that my conveyancer in Brentford is not on my mortgage company's conveyancing panel that there is a problem with the standard of his conveyancing?
That is most likely an incorrect assumption to make. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Brentford conveyancing practice and ask them why they are no longer on the approved list for your lender.
I require fast conveyancing in Brentford as I have a deadline to exchange contracts within one month. Thankfully I do not need a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?
If.Given you are are a mortgage free buyer you have the choice not to have searches carried out although no conveyancer would suggest that you don't. Drawing on our experience of conveyancing in Brentford the following are examples of issues that can show up and therefore affect the marketability of the property: Enforcement Actions, Overdue Fees, Outstanding Grants, Unadopted Roads,...
I'm purchasing my first flat in Brentford with a loan from Godiva Mortgages Ltd. The builders refused to reduce the amount so I negotiated 6k of additionals instead. The house builders rep suggested that I not disclose to my conveyancer about this side-deal as it would jeopardize my mortgage with the bank. 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 opted to have a survey completed on a property in Brentford in advance of appointing conveyancers. I have been advised that there is a flying freehold element to the house. My surveyor advised that some banks will not give a loan on such a house.
It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. Should you wish to telephone us we can investigate further with 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 Brentford. Conveyancing may be slightly more expensive based on your lender's requirements.
I need to retain a conveyancing solicitor for leasehold conveyancing in Brentford. I have stumble upon a web site which appears to be the perfect offering If it is possible to get all formalities done via email that would be preferable. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
What is the reason for new build conveyancing in Brentford being more expensive?
Conveyancing in Brentford for newly converted or new build premises can sometimes involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as additional investigations and contractual concerns.