My wife and I are acquiring a new build flat in Headley and my conveyancer is telling me that she is duty bound to the lender to reveal incentives from the developer. I am nearing the developer’s deadline to exchange and my preference is not to prolong deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Can I use your services to find a Conveyancing solicitor in Headley even if I’m not buying or disposing of a house, for instance where I wish to acquire an office in Headley with a mortgage from Bank of Scotland?
Our comparison service is primarily there to help choose domestic conveyancing solicitors in Headley but we have recorded towards the end of this page a selection of Headley commercial conveyancing firms. You should enquire with the solicitors directly to establish if they are also authorised to represent Bank of Scotland
In looking at online forums for a recommended solicitor in Headley, many post that I should instruct a CQS assured lawyer. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in home ownership transfers, trusted by some of the UK's major mortgage companies. Four years ago the Conveyancing Quality Scheme was officially recognised by the Building Societies Association (BSA). The scheme does not cover licenced conveyancers. Headley is one of the numerous areas of the UK where there are Accredited lawyers.
I used Stirling Law several years ago for my conveyancing in Headley. I now require my papers but the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down 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 Headley of the conveyancing firm of solicitors you previously hired, 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 Headley with the aid of help to buy. The developers would not budge the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative advised me not reveal to my lawyer about the deal as it may impact my loan with the lender. 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.
My business partner and I are hoping to lease a unit on a shopping parade. Can you recommend lawyers offering fixed fees for commercial conveyancing in Headley for under 1500k?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Headley, including the sale and purchase of businesses as well as simply property. If you are hoping to acquire or sell a shop, pub, restaurant, office, retail premises or a complete business we will find you the right solicitor. As for the charges this will depend on the structure and terms of the proposed transaction. Let us have your details or call us so that we may supply you with comprehensive commercial conveyancing quote.