What is your number one tip for choosing a conveyancing solicitor in Reading
Do not opt for the cheapest Reading conveyancing quote. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
We have agreed to purchase a house in Reading. A rare aspect is that the roof has a solar panel. Yorkshire BS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Yorkshire BS your lawyer must comply with the formal requirements outlined in Part two of UK Finance Lenders’ Handbook for Yorkshire BS. The Council of Mortgage Lenders’ Handbook includes minimum requirements for solar panel roof-space leases, and solicitors are required to report to Yorkshire BS where a lease does not comply with these specifications. The provisions relate to the installation of panels on properties in England and Wales and is not limited to Reading.
I had an offer accepted on a house in Reading on 14/4/2023, valuation was booked five days after, all came back fine. Solicitor instructed, so all that was missing was my mortgage offer. Having made daily calls to Aldermore and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Aldermore conveyancing panel. Can the lender hold off the offer?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Aldermore to deal with your lawyer's application to be on the Aldermore conveyancing panel. There's no guarantee that your solicitor will be accepted.
I require expedited conveyancing in Reading as I have an ultimatum to sign on the dotted line within one month. A home loan is not required. Is it possible to avoid the conveyancing searches to save money and time?
As you are are a cash purchaser you have the choice not to do searches although no solicitor would recommend that you don't. With plenty of history conveyancing in Reading the following are examples of issues that can show up and adversely affect future saleability: Refused Planning Applications, Overdue Charges, Outstanding Grants, Unadopted Roads,...
I used Stirling Law a few years ago for my conveyancing in Reading. I now require my file but the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate 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 Reading of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am purchasing my first flat in Reading with a loan from Leeds Building Society. The developers refused to budge the price so I negotiated 6k of additionals instead. The property agent advised me not disclose to my lawyer about this deal as it would put at risk my loan with Leeds 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.
How do I identify a Reading solicitor on the Bank of Ireland conveyancing panel? I am a keen cyclist and am happy to travel upto 20kilometers to meet the lawyer.
You can use the tool on this website. Please pick a mortgage company and your location and you will see a number of Reading conveyancing lawyers located nearest you. We have detailed some Reading conveyancing firms towards the end of this page and you can call them to verify if they are on the Bank of Ireland approved list
I am 14 days into a leasehold purchase having been referred to a firm by the estate agent to carry out the conveyancing in Reading. I am not happy. Could you you assist me in finding new lawyers?
A lawyer would have to be really poor in order to consider diss instructing them. Has the loan offer been generated? If so you will need to advise them of the new contact details and get the loan are re-issued. Your new solicitor ideally needs to be on the mortgage company approved list to avoid supplemental costs and complications. So that should be your first question of the new lawyers. The search tool should help you find a lender approved lawyer for your conveyancing in Reading