Having been referred to your site we were going to go ahead with a conveyancing solicitor in Whaley Bridge listed using your search tool but have come across some other fee calculations via the web look less pricey – how come?
You can find hundreds of conveyancers offering theoretically looks to be the cheapest conveyancing in Whaley Bridge. Our recommendation is to think long and hard as to how important this transaction is to you that you are willing to be penny wise pound foolish over the standard of the conveyancing. Some hide fees well inside the terms of engagement. The solicitors that we put forward for conveyancing in Whaley Bridge neverbehave this way.
My wife and I are purchasing a new build duplex in Whaley Bridge and my solicitor is advising me that she is duty bound to the mortgage company to reveal incentives from the seller. I am nearing the developer’s deadline to exchange contracts and I don't want to prolong deal. Is my lawyer right?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We are selling our home in Whaley Bridge and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. Any local conveyancer would know that there is no such problem. It does beg the question why the purchasers are using an online conveyancing outfit as opposed to a conveyancing solicitor in Whaley Bridge. We have lived in Whaley Bridge for three years we know of no issue. Is it a good idea to contact our local Authority to seek confirmation need.
It would appear that you have a conveyancing lawyer already. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I am purchasing a new build house in Whaley Bridge with a loan from HSBC Bank. The builders refused to budge the price so I negotiated 6k of extras instead. The property agent advised me not disclose to my solicitor about this deal as it could jeopardize my loan with the lender. 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 done on a house in Whaley Bridge before instructing solicitors. I have been advised that there is a flying freehold element to the property. Our surveyor has said that some mortgage companies may refuse to grant a mortgage on a flying freehold house.
It varies from the lender to lender. HSBC has different requirements from Halifax. If you contact us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Whaley Bridge. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm refinancing my existing house to a buy to let mortgage with Santander and intend to use the remaining equity as a deposit on further property. The area we are looking at is Whaley Bridge. Will your lawyers be able to act for both sets of mortgage companies and link together the two deals?
Make use of our search tool on this page to check that the conveyancers are on the relevant lender panels. Having checked that they are your solicitor should be able to tie up the two deals but you should have a chat with you lawyer and make clear your expectations and requirements.