We selected a high street lawyer for our conveyancing in Tetbury yesterday. Upon checking the Terms it is apparent thatwe are on the hook for costs even where the conveyance does not complete. Would I be best advised to appoint a web based solicitor practice who offer no move no charge conveyancing in Tetbury?
It is usually a trade off in that if "No Sale No Fee" is offered then the fee levels will generally be higher to neutralise those transactions that abort. Also remember that such arrangements tend not to cover outlay such your Tetbury conveyancing search fees.
Can you clarify what the consequences are if my solicitor is expelled from the Leeds Building Society Conveyancing panel ahead of completing my conveyancing in Tetbury?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
The deeds to my house are lost. The conveyancers who dealt with the conveyancing in Tetbury 5 years ago are no longer around. What are my next steps?
Gone are the days when you need to hold title official documentation to establish that you are the owner of your registered land or property, given that the Land Registry have everything they need in a digital format.
I'm purchasing my first flat in Tetbury with a mortgage from Leeds Building Society. The developers refused to budge the amount so I negotiated £7000 of fixtures and fittings instead. The sale representative told me not disclose to my lawyer about this side-deal as it could put at risk my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
What does commercial conveyancing in Tetbury cover?
Commercial conveyancing in Tetbury incorporates a wide range of guidance, given by regulated solicitors, relating to business property. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
I need to retain a conveyancing solicitor for leasehold conveyancing in Tetbury. I've chance upon a web site which appears to be the ideal answer If it is possible to get all the legals done via web that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?