I am not in a position to travel far from Dunchurch. Is there a reason why all Dunchurch solicitors aren't automatically on all bank panels?
Before the recession most mortgage companies demonstrated an approach to risk which differs from the current day. The FSA in 2010 carried out a thematic review into mortgage fraud which concluded: know the conveyancers on your panel. Accordingly, banks have subsequently looked to extract more information from law firms regarding their processes and the individuals who work for them and set certain criteria such as completing a minimum amount of transactions. Many law practices have found themselves excluded from lender panels even though they had an exemplary disciplinary record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Many firms were never going to meet the minimum amount of transactions the lenders insisted on.
We are intent on selling our house in Dunchurch and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. A local conveyancer would know that there is no such problem. For the life of me I don't know why the buyers are using an online conveyancing firm as opposed to a conveyancing solicitor in Dunchurch. We have lived in Dunchurch for many years we know that this is a non issue. Is it a good idea to contact our local Authority to obtain clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I'm purchasing a new build house in Dunchurch benefiting from help to buy. The developers would not budge the price so I negotiated five thousand pounds worth of extras instead. The estate agent told me not to tell my solicitor about this extras as it would put at risk my loan with Santander. 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 am looking into buying my first house which is in Dunchurch and I am already nervous. I couldn't find anything specific about Dunchurch. Conveyancing will be needed in due course but do you know about the Dunchurch area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Dunchurch. In the meantime here are some basic statistics that we found
My husband and I are new to the buying process - had an offer accepted, but the selling agent has warned us that the owners will only issue a contract if we use the agent's chosen conveyancers as they want a ‘quick sale’. Our preferred option is to instruct a high street conveyancer used to conveyancing in Dunchurch
It is improbable the vendors are driving this. If they require ‘a quick sale', alienating a serious purchaser is not the way to achieve this. Speak to the owners direct and make the point that (a)you are serious purchasers (b)you are excited to move forward, with finances in place © you have nothing to sell (d) you wish to move quickly (e)but you intend to instruct your preferred Dunchurch conveyancing lawyers - as opposed tothe ones that will provide their negotiator at the agency a commission or meet his conveyancing figures set by corporate headquarters.
There are a number of houses in Dunchurch on unadopted lanes. My wife and I are buying such a property. What would be the pros and cons of purchasing a residence on a privately owned road?
Dunchurch conveyancing lawyers are well versed in dealing houseson private. Your conveyancing practitioner will investigate title to identify any rights or liabilities. In many cases there is a residents association that owners make annual contributions to maintain the road. Where one exists, the road will likely be maintained and look nicer than publicly adopted.