I am buying a house for cash in Parsons Green. I have resided for the last Seventeen years in Parsons Green. Conveyancing searches are a lot of money. Given that I have knowledge of the area and road very well should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a mortgage, then almost all of the Parsons Green conveyancing searches are at your discretion. Your solicitor will try and sway you, perhaps strongly, that you should have searches done, but she is duty bound to do this. Do bear in mind; if you are going to sell the house one day, it will likely be be of interest to your future purchaser what the searches contain. There are plenty of instances where properties with day to day issues can still reveal unexpected search results. A good conveyancing solicitor in Parsons Green should provide you some practical advice here.
My wife and I have recently appointed a conveyancing solicitor in Parsons Green. I I am struggling to find out whether they are accepted on the Lloyds TSB Bank conveyancing panel. Can you help?
You should phone your lawyer and enquire whether they are on the lender panel. Otherwise you can get in touch with Lloyds TSB Bank who may be able to confirm.
I'm buying a new build house in Parsons Green with a mortgage from Nationwide Building Society. The builders would not move on the amount so I negotiated £7000 of additionals instead. The property agent told me not to tell my conveyancer about this side-deal as it would adversely affect my loan with Nationwide Building Society. 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.
Due to the guidance of my in-laws I had a survey completed on a property in Parsons Green prior to retaining conveyancers. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some lenders may not give a loan on a flying freehold property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Birmingham Midshires. Should you wish to call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Parsons Green. Conveyancing will be smoother if you use a solicitor in Parsons Green especially if they are acquainted with such properties in Parsons Green.
I was advised by numerous property agents in Parsons Green to select a solicitor on your site. What’s the financial incentive for Estate Agents to recommend your lawyers rather than another?
We refuse to give any financial incentive for sending work in our direction. We thought it would be too underhand to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
As co-executor for the will of my uncle I am selling a property in Cardiff but reside in Parsons Green. My lawyer (based 260 miles awayneeds me to sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing lawyer in Parsons Green who can attest this legal document for me?
strictly speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are Parsons Green based