My wife and I are purchasing a newly constructed duplex in Parson Cross and my conveyancer is telling me that she is duty bound to the lender to disclose incentives from the developer. I am nearing the developer’s deadline to exchange and I have no desire to prolong the conveyancing. Is my lawyer right?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a bank 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.
I am assisting my niece sell her house in Parson Cross. Does the conveyancer order an energy performance certificate or it is for me to see to?
Following the abolition of Home Information Packs, energy performance certificates was kept a compulsory component of moving property. An energy performance certificate must be commissioned in advance of the property being advertised. It is not a task that lawyers ordinarily organise. If you are using a Parson Cross conveyancing solicitor they may be willing to arrange energy assessments given their contacts with reputable Parson Cross energy assessors
I am aiming to move house in June. Does my conveyancing solicitor liaise with the removal company on the day of completion. On a separate note, can you recommend a removal company in Parson Cross. Conveyancing solicitor was found prior to coming across your website.
On the day of completion you will need to pick up the keys from your estate agent but this can only happen when the vendors lawyers advise the agent that they acknowledge receipt of the completion payment and the keys can be passed over. You should advise the removal company that you are ready to move in. As a matter of policy we do not recommend a specific removal company but can assist you in locating a residential property solicitor in Parson Cross or a firm that specialises in conveyancing in Parson Cross.
I am expecting a DIP from Coventry BS this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Coventry BS recommend any Parson Cross solicitors on the Coventry BS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Parson Cross solicitors independently although you'll need to choose one on the Coventry BS conveyancing panel. The solicitor represents both you and Coventry BS through the process.
It has been 4 months following my purchase conveyancing in Parson Cross concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Parson Cross differ for new build properties?
Most buyers of new build or newly converted property in Parson Cross come to us having been asked by the seller to sign contracts and commit to the purchase even before the premises is completed. This is because developers in Parson Cross typically buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Parson Cross or who has acted in the same development.
Are there any apps to assist me to identify a Parson Cross solicitor on the The Mortgage Works conveyancing panel? I have wheels and am willing to travel upto 20kilometers to meet the lawyer.
Feel free to make use of the tool on this website. Please select a mortgage company and your location and you will see a number of Parson Cross conveyancing lawyers located nearest you. We have listed some Parson Cross conveyancing firms towards the end of this page and you can ring them to check if they are on the The Mortgage Works panel
We are in the throes of selling our flat in Parson Cross. Conveyancing solicitors are doing their job but we have been asked to pay a fortune by the freeholder. To date we have forked out £295.50 for a leasehold management information and then another £118 for answers to queries raised by the buyers conveyancer.
Neither you or your lawyer will have any impact over the extent of the fee for this information however the average fee for the information for Parson Cross leasehold property is £360. When it comes to Parson Cross conveyancing deals it is standard for the vendor to pay for these charges. The freeholder or their agents are not duty bound to address such questions most will be willing to do so - albeit often at high prices disproportionate to the work involved. Unfortunately there is no legislation that requires fixed charges for administrative tasks. There is no statutory time frame by which they are required to issue answers.