Should lawyers ask for money up-front for my conveyancing in Melbourne?
Where you are retaining lawyers for conveyancing in Melbourne your lawyer will ask you place them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. When the down payment is payable against the sale price then this should be required shortly before contracts are exchanged. The closing balance that is due should be transferred shortly before completion.
I used Stirling Law several years past for my conveyancing in Melbourne. I now require my papers however 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 Melbourne 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'm purchasing a new build house in Melbourne with the aid of help to buy. The developers refused to reduce the price so I negotiated five thousand pounds worth of extras instead. The property agent advised me not disclose to my lawyer about the side-deal as it would affect my mortgage with the lender. Do I keep my lawyer in the dark?.
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.
I opted to have a survey carried out on a property in Melbourne ahead of appointing solicitors. I have been informed that there is a flying freehold element to the house. Our surveyor has said that some banks may not issue a loan on such a premises.
It depends who your proposed lender is. HSBC has different instructions from Birmingham Midshires. Should you wish to telephone us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Melbourne. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Melbourne to see if the conveyancing costs will increase in light of this.
My husband and I are 18 days into a leasehold purchase having been recommend to solicitors by the selling agent to carry out the conveyancing in Melbourne. I am not happy. Can you you assist me in finding new conveyancers?
They would have to be really bad to suggest changing them. Has your mortgage been generated? If so you need to make them aware of the replacement conveyancer and ensure the offer are re-sent. Your new solicitor ideally needs to be on the banks approved list to avoid escalating fees and delays. So that should be your starting point. Our find a solicitor tool can help you find a bank approved conveyancer for your home move in Melbourne
Is it the case that all Melbourne conveyancers on every lender conveyancing panel?
You can use our search tool or you can drop into your high street lender branch in Melbourne. the probability is that they can recommend conveyancing solicitors in Melbourne