I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Frenchay Common. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 18/11/2022, the requirements read as follows :
I used Arc property Solicitors a few years ago for my conveyancing in Frenchay Common. Now, I need the files but cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Frenchay Common of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying a new build house in Frenchay Common with a loan from Birmingham Midshires. The developers would not move on the price so I negotiated five thousand pounds worth of additionals instead. The estate agent told me not disclose to my conveyancer about this side-deal as it would impact my mortgage with Birmingham Midshires. Is this normal?.
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.
Due to the input of my in-laws I had a survey completed on a house in Frenchay Common in advance of retaining solicitors. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some lenders may refuse to give a mortgage on this type of house.
It varies from the lender to lender. HSBC has different instructions from Halifax. If you e-mail us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Frenchay Common. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Frenchay Common to see if the conveyancing will be more expensive.
I have been pointed in your direction by numerous property agents in Frenchay Common to select a property lawyer using your seach tool. Is there a financial advantage for Estate Agents to offer your services over another?
We refuse to make any commission for sending work our way. We found it would be just too difficult to pay a commission because a client could think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
Should local authority consent be needed to split a house into two flats in Frenchay Common? This has taken place to a property adjacent to my home in Frenchay Common and was not aware of it happening until after the works were done.
Planning Consent yes. Building Regulations yes.