My partner and I are buying a new build flat in Longford and my solicitor is informing me that she is duty bound to the mortgage company to disclose incentives from the seller. The Estate Agents are hassling me to exchange contracts and I don't want to delay matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Do the Building Society Association intend to launch a search tool with a view to to identify practices on the Coventry BS conveyancing panel for example in Longford?
We have not been informed any plans on the part of the BSA to develop such a tool.
Do I need to pay for insurance to protect me from financial exposure to chancel repairs when acquiring a residence in Longford?
Unless a previous purchase of the property took place post 12 October 2013 you may expect lawyers delivering conveyancing in Longford to remain recommending a chancel search and or insurance against a claim.
About to purchase a new build apartment in Longford. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Longford
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please confirm the Lease plans are architect prepared. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I am downsizing from my property. My past solicitors closed down. I would be grateful for any recommendation of a conveyancing firm. Im based in Longford if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Longford. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
My uncle has encouraged me to use his conveyancing solicitors in Longford. Should I find my own conveyancer?
Much as we are happy to recommend a Longford conveyancing lawyer it’s preferable to select a conveyancing solicitor is to seek guidance from friends or family who have experience in using the conveyancer you're considering.