I am need of leasehold conveyancing for a flat in a fairly new development (6 years built) in Chantry. 95% of the flats are already occupied. Do I need carry out the conveyancing searches for my conveyancing in Chantry?
You are taking a significant risk in failing carrying out Chantry conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal necessity to have them, but we would strongly advise in the strongest possible terms that your lawyer conducts them. If speed and driving down costs are primary issues you should consider with your solicitor about the options such as indemnity insurance available to you
In what way does my ID and proof of funds have anything to do with my conveyancing in Chantry? Is this really necessary?
Chantry conveyancing solicitors and indeed property practitioners throughout the UK have an obligation under Anti-terror and anti-money-laundering rules to check the identity of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to supply two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and evidence of address (typically a Bank Statement less than 3 months old).
Evidence of source of funds is also necessary under the money laundering regulations as lawyers are obliged to investigate that the money you are utilising to acquire a property (be it the exchange deposit or the full purchase amount where you are buying without a mortgage) has come from legitimate source (such as an inheritance) and is not the proceeds of criminal activity.
I need some fast conveyancing in Chantry as I am faced with pressure to sign on the dotted line inside one month. Fortunately I do not require a mortgage. Can I avoid the conveyancing searches to save fees and time?
If.Given you are not obtaining a mortgage you have the choice not to have searches conducted although no solicitor would suggest that you don't. Drawing on our experience of conveyancing in Chantry the following are examples of issues that can crop up and therefore affect the marketability of the property: Refused Planning Applications, Overdue Fees, Outstanding Grants, Unadopted Roads,...
I'm purchasing a new build house in Chantry with a loan from Aldermore. The developers would not reduce the amount so I negotiated 6k of fixtures and fittings instead. The sale representative suggested that I not reveal to my conveyancer about the deal as it could jeopardize my mortgage with the bank. Should I keep quiet?.
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 have been pointed in your direction by a few estate agents in Chantry to locate a property lawyer on your site. Is there a financial upside for Estate Agents to market your services rather than alternative conveyancing organisations?
We don’t offer any referral fee for sending work to this site. We thought it would be too underhand to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
At long last a loan offer from a bank for the refinancing of my 2 bedroom flat is to be issued by the end of next week. Can you recommend a cheap remortgage conveyancing lawyer in Chantry ?
You are on the wrong site if you are in need of the lowest fares for conveyancing in Chantry. Our goal is to offer value for money conveyancing but our intention is not to advertise as being the cheapest. Do not be fooled by companies offering £99 conveyancing in Chantry.At best, in opting for cheap conveyancing, you will get what you pay for and at worst you will end up paying a lot in extras and still not receive the service required.