What is your number one tip for finding a conveyancing solicitor in Flitwick
We would encourage you not to go for the cheapest Flitwick conveyancing costs illustration. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
This question may be naive but I am new to the home buying as FTB of a garden flat in Flitwick. Do I collect the keys to the property on the completion date from my solicitor? If this is the case, I will instruct a local conveyancing solicitor in Flitwick?
On the day of completion you will not be required to attend the conveyancers office in Flitwick. Your solicitors will electronically transfer the purchase money to the seller's solicitors, and shortly after the monies have arrived, you will be able to pick up the keys from the property Agents and move into your new home. Usually this occurs early afternoon.
After shopping around on the internet I have found a Flitwick solicitor having made sure that they are on the UBS conveyancing panel. Does my lawyer arrange the survey of the property?
UBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually UBS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Flitwick surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
What can a local search inform me about the property my wife and I purchasing in Flitwick?
Flitwick conveyancing often commences with the applying for local authority searches directly from your local Authority or through a personal search company for example PSG The local search plays an important part in most Flitwick conveyancing purchase; that is if you wish to avoid any unpleasant surprises after you move into your new home. The search will supply information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
It has been 3 months following my purchase conveyancing in Flitwick completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm purchasing my first flat in Flitwick benefiting from help to buy. The builders refused to move on the amount so I negotiated five thousand pounds worth of extras instead. The estate agent advised me not to tell my solicitor about this extras as it could affect my loan with Accord Mortgages Ltd. Is this normal?.
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.
Is it best to go with a Flitwick conveyancing lawyer who is local to the property I am buying? We have a good friend who can handle the legal formalities however his firm is located 200miles away.
The primary upside of using a local Flitwick conveyancing firm is that you can drop in to sign documents, hand in your ID and apply pressure on them if necessary. Having local Flitwick know how is a benefit. That being said it's more important to get someone that will pull out all the stops for you. If you know people who instructed your friend and in the main were impressed that should trump using an unfamiliar Flitwick conveyancing lawyer solely due to them being based in the area.
I was told by my bank that their approved lawyers operate no move no fee basis for conveyancing in Flitwick. Our purchase aborted and now the conveyancers have requested search fees! They say the fees are nothing to do with their fees!
Flitwick conveyancing search fees are disbursements not legal costs as these are payable to independent parties.