Why do I have to pay up front for my conveyancing in Tilehurst?
Where you are retaining lawyers for conveyancing in Tilehurst your lawyer will request that you put them with monies to cover the search fees. This will be the total of the cost of the conveyancing searches. When the deposit is payable against the sale price then this will be asked for shortly before contracts are exchanged. The final balance that is due should be sent to your lawyer a couple of days ahead of the day of completion.
I note that there are debates on Chancel Insurance on online forums. Am I compelled to have this when purchasing a property in Tilehurst? or Apparently there is a law dating back centuries that means some owners of property living in a parish church boundary will be compelled to contribute towards repairs to the chancel within the church. Is this appropriate for conveyancing in Tilehurst?
Unless a prior purchase of the property took place after 12 October 2013 you could take it that lawyers conducting conveyancing in Tilehurst to continue to recommend a chancel search and or chancel repair liability insurance.
I am purchasing my first flat in Tilehurst benefiting from help to buy. The sellers refused to move on the amount so I negotiated £7000 of extras instead. The property agent suggested that I not inform my lawyer about this extras as it would jeopardize my loan with TSB. 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.
I decided to have a survey completed on a property in Tilehurst ahead of retaining conveyancers. I have been advised that there is a flying freehold element to the property. The surveyor has said that some banks may not give a loan on such a property.
It varies from the lender to lender. Santander has different instructions for example to Halifax. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Tilehurst. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Tilehurst to see if the conveyancing costs will increase in light of this.
I'm remortgaging my existing home to a buy to let mortgage with Bank of Ireland and intend to use the remaining equity as a down payment on another house. The location we are talking about is Tilehurst. Will your lawyers be able to act for both sets of lenders and tie in the transactions?
Do use our search tool on this page to check that the lawyers are on the relevant lender panels. Having checked that they are your conveyancer should be able to tie up the two transactions but you should have a chat with you solicitor and make clear your expectations and requirements.
In my capacity as executor for the will of my uncle I am selling a house in Monmouth but reside in Tilehurst. My solicitor (based 300 kilometers awayneeds me to execute a stat dec prior to completion. Can you recommend a conveyancing solicitor in Tilehurst who can attest this legal document for me?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are located in Tilehurst