My friend's uncle is a property lawyer. I hope that I will be offered mate’s rates for conveyancing, but if not, what kind of fees should I be expecting for conveyancing in Peterborough?
Do contrast pricing. Do use our search tool on this page. Whilst charges seem to contrast greatly but the service one can expect differ between law firms as is true with the vast majority of professional services.
My grandson is in the process of securing a new build apartment in Peterborough with a mortgage from TSB. His solicitor has advised him of a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the TSB conveyancing panel as a standard part of the process, and to the valuer when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the TSB conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Can I use your services to locate a Conveyancing solicitor in Peterborough even where I’m not buying or selling a house, for instance where I want to acquire a shop in Peterborough with a mortgage from Nationwide Building Society?
Our comparison service is primarily there to select residential conveyancing solicitors in Peterborough but we have listed towards the end of this page a selection of Peterborough commercial conveyancing firms. You will need to speak with the firm directly to establish if they can also act for Nationwide Building Society
The Peterborough conveyancing lawyers that just started acting on my house acquisition in Peterborough have suddenly shut down. They were on acting for me because I had to have a solicitor on the Clydesdale conveyancing panel and my family Peterborough lawyer was not. I gave my credit card details for them to take £195 for searches. What are my options?
If you have an estate agent involved then inform them immediately so that they can let the sellers know that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Clydesdale conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to assist.
I completed on my home on 4 July and my personal details is not yet on the land registry website. Any reason for this? My conveyancing solicitor in Peterborough said it would be dealt with in less than a month. Are properties in Peterborough uniquely lengthy to register?
There is nothing unique about conveyancing in Peterborough registration formalities. As opposed to being determined by geographic area, timescales can adjust depending on the party submitting the application, whether there are errors and if the Land registry communicate with any interested persons or bodies. As of today roughly three quarters of such applications are fully dealt with within two weeks but some can be subject to longer delays. Historically registration is effected after the purchaser is living at the premises so 'speed' is not usually primary concern but where it is urgent that the the registration takes place urgently then you or your conveyancer can contact the land registry and explain the circumstances.
I am buying my first flat in Peterborough with the aid of help to buy. The builders refused to reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent suggested that I not disclose to my lawyer about the deal as it may 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.