My friend's step-father is a conveyancer. I hope that I can be offered mate’s rates for conveyancing, but if not, what kind of figure should I be expecting for conveyancing in Tring?
You should compare pricing. Make use of our search tool on this site. Whilst estimates seem to vary but service levels do differ between solicitors as is true with the vast majority of professional services.
What does my ID and proof of funds have anything to do with my conveyancing in Tring? Is this really warranted?
Tring conveyancing solicitors and indeed property practitioners accross the UK have a duty under money laundering regulations to check the identity of any client in order to ensure that clients are who they say they are.
Conveyancing clients are required to provide two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and proof of address (usually a Utility Bill less than 3 months old).
Proof of the origin of funds is also required in compliance with the money laundering statutes as conveyancers are obliged to investigate that the funds you are using to purchase a property (be it the exchange deposit or the full purchase amount where you are a cash purchaser) has come from a reputable source (such as employment savings) as opposed to the fruits of criminal behaviour.
What will a local search tell me regarding the property I am buying in Tring?
Tring conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search company such as PSG The local search plays a central role in most Tring conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your property. The search should reveal data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
I'm purchasing a new build house in Tring with a mortgage from Leeds Building Society. The sellers would not budge the price so I negotiated £7000 of fixtures and fittings instead. The property agent suggested that I not disclose to my lawyer about the side-deal as it could affect my loan with Leeds Building Society. 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.
I decided to have a survey done on a house in Tring prior to instructing lawyers. I have been informed that there is a flying freehold aspect to the house. The surveyor has said that some lenders may refuse to give a mortgage on such a home.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. If you call us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Tring. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Tring to see if the conveyancing will be more expensive.
Can a conveyancer remove a person from the title of my property in Tring ?
Removing or adding someone to the title of your house is relatively straightforward. You’ll need to appoint a lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a conveyancing practitioner