We see that you have a post code search directory identifying firms on the Skipton conveyancing panel. Do firms pay you a referral fee if I instruct them for our conveyancing in Ferryside?
We are a listing service only for law firms wishing to communicate if they are on the Skipton conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Ferryside.
We expect to receive a OIP from Co-operative this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Co-operative recommend any Ferryside solicitors on the Co-operative conveyancing panel, or is it better to go independently?
You will need to appoint Ferryside solicitors independently although you'll need to choose one on the Co-operative conveyancing panel. The solicitor represents both you and Co-operative through the process.
I'm in the process of looking at flats in Ferryside and I am now considering a potential offer. Is it too early to have a solicitor in place? I am planning to take a mortgage with Leeds Building Society.
You should start requesting conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. Given that you are taking out a mortgage with Leeds Building Society, make sure you remember to check that your lawyer is on the Leeds Building Society conveyancing panel.
I can not fathom if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Ferryside building society branch on numerous occasions and was told they are content with the situation and they would lend. My Ferryside conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they refuse to lend based on their published requirements. Who do I believe?
Your conveyancer must comply with the CML Handbook section two requirements for your lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I am buying my first flat in Ferryside with a loan from Chelsea Building Society. The builders refused to budge the price so I negotiated 6k of extras instead. The house builders rep advised me not reveal to my solicitor about this deal as it will affect my mortgage with the lender. 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.
Are there any apps to help identify a Ferryside solicitor on the TSB conveyancing panel? I drive a motor bike and am prepared to travel upto 10kilometers to meet the conveyancer.
You can use the facility on this page. Please choose the bank and your location and you will see a number of Ferryside conveyancing lawyers locally. We have listed some Ferryside conveyancing firms at the bottom of this page and you can contact them to verify if they are on the TSB approved list
My uncle has urged me to use his conveyancing solicitors in Ferryside. Should I use them?
No doubt the ideal way to choose a conveyancing solicitor is to have feedback from friends or family who have experience in using the firm you're contemplating using.
Why do Ferryside conveyancing costs differ for leasehold and freehold properties?
If acquiring a leasehold property there is more work involved purely due to the fact that usually there are further parties involved in the form of the freeholder and/or Management Agents. As part of a lawyers enquiries they will check that all ground rent and service charges are paid up to date amongst other general leasehold matters. For this reason, the Sellers lawyers usually have to refer to the freeholder or Managing Agent for their replies to our questions. This may be time consuming and beyond the lawyers control