We were about to retain a conveyancing solicitor in The Hale recommended using your comparison tool but have come across alternative costs illustrations via the web look less expensive – how come?
There are many firms of solicitors offering at first sight what seems to be very low prices. Our recommendation is to think twice as to how much you respect your own move to you are willing to take 'cheap' risks with regard to the standard of the conveyancing. Many of them list a cheap fee to entice you but conceal supplemental costs in the small print..
We note that you have a post code search directory identifying law firms on the Principality conveyancing panel. Do firms pay you a commission if I appoint them for our conveyancing in The Hale?
We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in The Hale.
I am considering applying for a TSB mortgage for purchase of a new build (under development) in The Hale with 65 per cent LTV. Is it compulsory to choose a solicitor on the conveyancing panel for TSB ?
In theory, you could use a solicitor that is not on the TSB conveyancing panel, but TSB would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
Are there restrictive covenants that are commonly picked up during conveyancing in The Hale?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in The Hale. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm buying my first flat in The Hale with a mortgage from Platform Home Loans Ltd. The sellers would not move on the amount so I negotiated £7000 of extras instead. The sale representative told me not reveal to my lawyer about the deal as it may affect my loan with the bank. Do I keep my lawyer in the dark?.
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.
I am looking for a ground for flat up to £195,000 and identified one close by in The Hale I like with amenity areas and station in the vicinity, the downside is that it's only got 61 years unexpired on the lease. There is not much else in The Hale in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a home loan the shortness of the lease may be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.