What tips do you have for searching for commercial conveyancing in Prescot?
First ask relatives who they would recommend.
Option 2 is to search the web for conveyancing in Prescot. Pick up the phone to a couple or more firms from the list and invite them to forward you their conveyancing fees and discuss your needs with the solicitor who will oversee your conveyancing in advance ofcommitting.
Third is to use our search tool to help you find the right solicitors taking into account your individual expectations including location,deadlines, complications and who your intended lender is. Resist the temptation to go for low cost conveyancing in Prescot
Can your site be used to recommend a Conveyancing solicitor in Prescot even where I’m not purchasing or disposing of a house, for instance if I intend to buy a shop in Prescot with a loan from Nottingham Building Society?
Our comparison service is mainly there to help choose domestic conveyancing solicitors in Prescot but we have listed at the bottom of this page some Prescot commercial conveyancing firms. You will need to speak with the solicitors directly to see if they are also authorised to represent Nottingham Building Society
I happen to be the only recipient of my late mum's will with all property in now in my sole name, including the my former home in Prescot. Conveyancing formalities meant that the Land Registry date was in February. I now wish to sell up. I do know about the Mortgage Lenders six month 'rule', which means that my proprietorship will be regarded the same way as if I'd bought the house in February. Will no one buy the property for half a year?
The CML handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be caught by that. How sensible a view mortgage companies take of it, depend on the lender as this requirement chiefly exists to capture subsales or the flipping of properties.
Are all Prescot Conveyancing Quality Solicitors on the UBS conveyancing list of approved firms?
Some major banks and building societies now use CQS as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of firms.
My wife and I have arranged a further advance on our home loan from Nottingham as we intend to carry out renovations to our home in Prescot. Do we need to choose a bricks and mortar Prescot solicitor on the Nottingham conveyancing panel to handle the paperwork?
Nottingham would not normally require firms on their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Nottingham conveyancing panel.
I'm purchasing my first flat in Prescot with the aid of help to buy. The developers would not move on the amount so I negotiated 6k of fixtures and fittings instead. The estate agent advised me not to tell my lawyer about this deal as it will impact my loan with the lender. 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 house in Prescot ahead of appointing solicitors. I have been advised that there is a flying freehold overhang to the property. Our surveyor advised that some banks will refuse to grant a mortgage on a flying freehold home.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. If you 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 Prescot. Conveyancing may be slightly more expensive based on your lender's requirements.
Am in the process of purchasing my 1st house in Prescot. Conveyancing lawyer already chosen. The broker suggested that a survey is not needed as the house is just 17 years old.
The bare minimum you need a Home Buyer's Report. As the property is over 10 years old the property will not benefit from a warranty, so you don't want to take a risk. Where a property of this age shows no signs of defects a Home Buyer's report could be sufficient. They will highlight any obvious problems and recommend further investigation if relevant. Where there are any indications of material issues get a comprehensive structural survey.