My friend's uncle is a conveyancing practitioner. I am hopeful that I can be offered friends and family fee for conveyancing, but if not, what kind of figure would I typically be looking at for conveyancing in Ettington?
Do compare pricing. Do use our search tool on this site. Whilst amounts seem to contrast greatly but the service one can expect are distinct between solicitors as is the case with the vast majority of professional services.
What happens if my lawyer’s firm is suspended from the Nationwide Conveyancing panel ahead of completing my conveyancing in Ettington?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Have completed on a a semi-detached house in Ettington , how long should it take for the Land Registry to deal with the formalities evidencing my ownership? My Ettington conveyancing solicitor works at snail pace, so I want to check that my name is recorded.
As far as conveyancing in Ettington is concerned, registration is no quicker or slower than the rest of the country. As opposed to being determined by geographic area, timescales can adjust subject to who lodges the application, whether it is in order and if the Land registry must send notices to any other persons or bodies. Currently roughly three quarters of such applications are completed within two weeks but occasionally there can be extensive delays. Registration occurs once the buyer is living at the property so 'speed' is not always top priority yet if there is a degree of urgency associated with the registration then you or your conveyancer can communicate with the Registry to express the reasoning for the application to be prioritised.
I am purchasing my first flat in Ettington with a mortgage from Barnsley Building Society. The developers refused to move on the price so I negotiated five thousand pounds worth of extras instead. The house builders rep advised me not to tell my lawyer about this extras as it will put at risk my loan with the bank. Do I keep my lawyer in the dark?.
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.
Am I right to be concerned by third parties that I am dealing with are suggesting a factory type conveyancing firm as opposed to a High Street Ettington conveyancing firm?
As with lots of professional services, often input from family and friends can be extremely useful or valuable. Yet there are many parties with a vested interest in a conveyancing transaction; estate agents, financial adviser and banks may recommend conveyancers to select. On occasion these solicitors might be known to one of the organisations as one of the best in their field, but sometimes there behind the scenes commercial relationship behind the recommendation. You are at liberty to appoint your preferred lawyer. However, bear in mind that some lenders have an approved list of law firms you must use for the lender aspect of your transaction.
I have just started marketing my ground floor flat in Ettington.Conveyancing is yet to be initiated but I have recently received a quarterly service charge invoice – what should I do?
Your conveyancing lawyer is likely to suggest that you should pay the invoice as you normally would because all rents and service charges will be allottedon completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially