Me and my wife are purchasing a ground floor flat in Kings Heath. My Solicitor is not on the lender conveyancing list. Am I still permitted to appoint my Kings Heath conveyancing solicitor even though they are excluded from the lender panel of approved conveyancing solicitors?
Various options include
- Proceed with your existing Kings Heath solicitor but your bank will need to retain a conveyancing practitioner on their conveyancing panel. The net result is additional cost and probable interruption.
- Get a fresh property lawyer to act in the purchase, making sure they are on the lender conveyancing panel.
- Convince your lawyer to pull out all the stops to get accepted on the mortgage company panel of solicitors
As someone with no idea as to conveyancing in Kings Heath what is the number one tip you can impart concerning the home moving process in Kings Heath
Not many law firms or advisers will tell you this but conveyancing in Kings Heath or throughout Birmingham is often a confrontational experience. Put another way, when it comes to conveyancing there exists an abundance of opportunity for conflict between you and other parties involved in the home moving process. For instance, the vendor, estate agent and on occasion a bank. Appointing a solicitor for your conveyancing in Kings Heath should not be taken lightly as your conveyancer is your adviser, and is the SOLE party in the legal process whose role it is to act in your best interests and to keep you safe.
Every so often a potential adversary will try and convince you that it is in your interests to do things their way. For example, the selling agent may claim to be helping by claiming that your conveyancer is wrong. Or your financial adviser may tell you to do something that is against your solicitors recommendation. You should always trust your lawyer above all other parties in the conveyancing process.
Just acquired a semi-detached house in Kings Heath , What is the estimated time for the Land Registry to record the transfer to my name? My Kings Heath conveyancing solicitor has been painfully slow, so I want to be sure the land registry aspects are dealt with.
There is nothing unique about conveyancing in Kings Heath registration formalities. As opposed to being determined by geographic area, timeframes can vary depending on the party submitting the application, whether it is in order and whether the Land registry must send notices to any third parties. Currently in the region of three quarters of such applications are fully addressed in less than three weeks but some can be subject to longer delays. Historically registration is effected once the new owner is living at the premises thus 'speed' is not usually primary concern but if there is a degree of urgency associated with the registration then you or your conveyancer can speak with the land registry and explain the circumstances.
I am buying a new build house in Kings Heath with the aid of help to buy. The developers would not reduce the amount so I negotiated 6k of extras instead. The property agent suggested that I not inform my lawyer about the side-deal as it may adversely affect my mortgage with Barclays Direct. 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.
Should I be concerned by third parties that I am dealing with are suggesting a factory type conveyancing firm rather than a High Street Kings Heath conveyancing company?
As with lots of service providers, often referrals from relatives can be worth their weight in gold. Nevertheless there are numerous people with a keen interest in a conveyancing matter; estate agents, financial adviser and banks might all recommend lawyers to instruct. Sometimes the conveyancers might be known to one of the organisations as being good in their field, but occasionally there behind the scenes financial incentive behind the recommendation. You are at liberty to choose your preferred lawyer. You need to be aware that most banks specify a panel list of solicitors you have to use for the lender related work in your home move.
I need to instruct a conveyancing solicitor for remortgage conveyancing in Kings Heath. I have stumble across a site which appears to be the perfect answer If it is possible to get all the legals completed via web that would be ideal. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?