My bank has recommended a law firm on their panel based in Deal but I would rather instruct a conveyancing lawyer in Deal round the corner to me. Can you help?
Far from all Deal conveyancing firms are listed all lender’s conveyancing panel. Use our search tool to identify a Deal conveyancing firm on the on the mortgage company panel.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Deal?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Deal. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am buying a new build house in Deal with a loan from Norwich and Peterborough Building Society. The builders would not budge the price so I negotiated £7000 of fixtures and fittings instead. The property agent suggested that I not reveal to my solicitor about the extras as it could put at risk my mortgage with the bank. Do I keep my lawyer in the dark?.
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've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a quick, chain free conveyancing. Deal is the location of the property. Can you shed any light on this issue?
Flying freeholds in Deal are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Deal you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Deal may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
Is it best to instruct a Deal conveyancing lawyer who is local to the property I am buying? An old friend can carry out the legal formalities but her office is 300miles away.
The benefit of a high street Deal conveyancing practice is that you can attend the office to sign documents, hand in your ID and apply pressure on them if necessary. They will also have local intelligence which is a benefit. However it's more important to get someone that will pull out all the stops for you. If if people you trust used your friend and the majority were impressed that should trump using an unknown Deal conveyancing lawyer solely due to them being local.
Are all Deal conveyancers on every lender conveyancing panel?
You can use our search tool or you can pop into your local bank branch in Deal. the probability is that they can recommend conveyancing solicitors in Deal