Recently been in touch with my conveyancing solicitor in Tintern who acted for me two years ago asking for a conveyancing quote based on the same type of house sale & purchase (a leasehold property and a freehold premises) of almost identical values with a loan from National Westminster Bank. It looks as though am now being quoted twice the amount. Better the devil I know or should I try and find an alternative firm of conveyancing solicitor?
The estimate fees are a little high. If you are happy to invest time comparing prices you may be able to get the conveyancing a bit cheaper by perhaps a hundred pounds. On the other hand, providing that you were content with the legal work the firm gave you couldlive to regret opting for an an untested lawyer. If is important to enquire the conveyancer can also act for National Westminster Bank. Do employ our search tool to locate a Tintern conveyancing firm on the National Westminster Bank approved list of lawyers, which can often include conveyancing solicitors in Tintern.
My partner and I are buying a newly built duplex in Tintern and my conveyancer is telling me that she has to the bank to disclose incentives from the seller. I am under pressure to sign contracts and I would rather not delay matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your lawyer. 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.
Do I have to attend the offices of the solicitor to sign the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Tintern so that I can pop in to their offices if necessary.
Whereas this was necessary 12 years ago, almost all lenders no longer oblige their conveyancing panel lawyer to witness the borrowers signature. You will still be obliged to hand over ID documents and there are still distinct benefits to using a locally based solicitor, in your case a conveyancing solicitor in Tintern.
I have justdiscovered that Stirling Law have closed. They carried out my conveyancing in Tintern for a purchase of a leasehold flat 12 months ago. How can I establish that the property is not still registered in the name of the previous owner?
The quickest way to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Tintern conveyancing specialists.
I'm buying a new build house in Tintern benefiting from help to buy. The builders would not move on the amount so I negotiated five thousand pounds worth of extras instead. The house builders rep told me not to tell my conveyancer about the extras as it would affect my loan with the lender. Do I keep my lawyer in the dark?.
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.
Is it possible to transfer to a new solicitor as I have to select one who is on the Aldermore conveyancing list. I was using a family conveyancing solicitor in Tintern round the corner but the firm is not approved by Aldermore
It would be our pleasure to help you find a conveyancing solicitor in Tintern on the Aldermore panel. Please note that the conveyancers that we on the directory do not pay us commission if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Tintern. In utilising the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Tintern.