I am acquiring a newly constructed apartment in Shefford and my conveyancer is informing me that she is duty bound to the bank to reveal incentives from the builder. I am nearing the developer’s deadline to exchange contracts and my preference is not to delay matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancer. 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.
It is a dozen years since I acquired my house in Shefford. Conveyancing solicitors have just been appointed on the sale but I can't track down the title documents. Will this cause complications?
You need not be too concerned. First there is a chance that the deeds will be retained by the lender or they may be in the possession of the solicitor who handled your purchase. Secondly in all probability the land will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers obtaining current official copies of the land registers. Most conveyancing in Shefford relates to registered property but in the unlikely event that your property is not registered it is more problematic but is resolvable.
We are planning to purchase with Coventry BS. I visited a few local practices but cant to find a Shefford conveyancing firm on the Coventry BS approved list. Could you assist?
Feel free to take advantage of the find a lender approved solicitor tool on this web page. Please choose the building society and type Shefford or your preferred area and you will discover a number of lawyer based in Shefford or by proximity to you.
Taking into account that I am about to spend 450k on a garden flat in Shefford I wish to have a conversation with the solicitor regarding thehouse move before instructing the firm. Can this be arranged?
Absolutely - it is our preference to talk to you we do not take any clients on without you speaking to the lawyer due to be conducting your property ownership legalities in Shefford.There is no ‘factory style conveyancing’ - each client is an important person, not a case reference. The solicitors that we put you in touch with believe that the figure you are provided with for residential conveyancing in Shefford should be the figure that you end up paying.
My husband and I are FTB’s - agreed a price, but the agent has warned us that the owners will only proceed if we appoint their recommended conveyancers as they need an ‘expedited deal’. We would rather use a local solicitor used to conveyancing in Shefford
It is highly unlikely the vendors are driving this. If they want ‘a quick sale', alienating a serious buyer is is going to put the whole deal at risk. Try to communicate with the sellers directly and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with finances in place © you do not need to sell (d) you intend to proceed fast (e)but you will continue to appoint your preferred Shefford conveyancing firm - not the ones that will provide their estate agent a referral fee or hit his conveyancing targets demanded by corporate headquarters.
My plan is to purchase a ground floor flat in Shefford. Conveyancing lawyer has been awaiting, from the owner, building insurance paperwork. This afternoon I was advised that the seller needs to forward the insurance documents for the flat above also. Why does my solicitor need to review the insurance for the other flat? Is it really required? We have been stalled for the last fortnight…
It is not impossible in leasehold conveyancing in Shefford to find Conveyancing in Shefford in a minority of cases reveals that the lease provides for the tenant's to insure their individual flats rather than the freeholder insuring the whole premises - which is definitely better. Do check with your property lawyer but it would seem that your property lawyer is attempting to verify that the entire building is insured. Insuring your residence is no help when it comes to rebuilding after a fire if the 1st floor cannot be rebuilt as a result of lack of insurance.