I chose a local solicitor for my conveyancing in Darton today. After carefully reading the Terms I seeI am on the hook for charges even where the transaction does not complete. Would I be best advised to instruct an internet lawyer who offer no move no charge conveyancing in Darton?
Generally there is a concession along the lines that if "No Sale No Fee" is advertised then the conveyancing charges will generally be higher to neutralise the conveyances that fail to complete. Do bear in mind that these schemes rarely cover expenses for example Darton conveyancing search charges.
I am nearing an exchange on a flat in Darton and my parents have transferred the 10% deposit to my solicitor. I am now told that as the deposit has been received from someone other than me my property lawyer needs to make a notification to my bank. I am advised that, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I informed the bank concerning my parents' contribution when I applied for the home loan, so is it really appropriate for this now to hold matters up?
Your property lawyer is obliged to check with lender to ensure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only report this to your bank if you agree, failing which, your lawyer must cease to continue acting.
I'm purchasing a new build house in Darton with a mortgage from Godiva Mortgages Ltd. The developers refused to reduce the amount so I negotiated £7000 of fixtures and fittings instead. The sale representative advised me not reveal to my conveyancer about this side-deal as it could jeopardize my mortgage with Godiva Mortgages Ltd. Should I keep quiet?.
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.
Due to the encouragement of my in-laws I had a survey completed on a house in Darton before retaining solicitors. I have been advised that there is a flying freehold aspect to the house. My surveyor advised that some mortgage companies will refuse to issue a loan on a flying freehold home.
It varies from the lender to lender. Santander has different requirements for example to Halifax. If you call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Darton. Conveyancing will be smoother if you use a solicitor in Darton especially if they are accustomed to such properties in Darton.
Given that I am about to part with £400,000 on a house in Darton I would like to have a conversation with the conveyancer regarding thehouse move prior to giving the go ahead to the firm. Is this something that you can arrange?
We could not agree more - it is our preference to talk to you we do not take any clients on without you first talking to the solicitor who will be carrying out your property ownership legalities in Darton.There is no ‘factory style conveyancing’ - each client is unique individual, not a matter number. The solicitors that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Darton should be the figure that you are charged.
As co-executor for the estate of my aunt I am disposing of a residence in Swansea but I am based in Darton. My conveyancer (based 260 miles from mehas requested that I execute a statutory declaration before completion. Could you suggest a conveyancing practitioner in Darton to attest and place their company stamp on the document?
Technically speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are located in Darton