Me and my partner are about to exchange on the purchase of a house in Bodfari but as a result of wreckage from some water damage at the property I have was able negotiate compensation from the owner of £3k by way of a adjustment in the price. This was going to be addressed as part of amending the contract yet Lloyds will not agree to this. Should they have been approached?
The lawyer that is on a Lloyds conveyancing panel is obliged to advise Lloyds of any variations to the sale price. If you prohibit your lawyer to disclose the reduction to Lloyds then they would have to discontinue acting for you. In addition, Lloyds and you would have to appoint a new conveyancing practitioner for your conveyancing in Bodfari.
I require quick conveyancing in Bodfari as I have pressure to exchange contracts in less than 4 weeks. A mortgage is not required. Can I escape the need for conveyancing searches to save fees and time?
As you are not taking a home loan you are at free not to do searches although no law firm would suggest that you don't. Drawing on our experience of conveyancing in Bodfari the following are instances of what can be revealed and therefore impact future mortgageability: Refused Planning Applications, Overdue Charges, Overdue Grants, Unadopted Roads,...
I decided to have a survey carried out on a property in Bodfari in advance of instructing lawyers. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some lenders may refuse to give a mortgage on such a house.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Birmingham Midshires. If you e-mail us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Bodfari. Conveyancing may be slightly more expensive based on your lender's requirements.
What tools are available to search for a Bodfari law firm on the Leeds Building Society conveyancing panel? I drive a motor bike and am happy to travel upto 25kilometers to meet the lawyer.
You can use the search on this page. Please pick a mortgage company and your location and you will see a number of Bodfari conveyancing lawyers located nearest you. We have listed some Bodfari conveyancing firms at the bottom of this page and you can contact them to see whether they are on the Leeds Building Society panel
Can a conveyancer remove someone from the title of my property in Bodfari ?
Removing or adding someone to the title of your home 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 solicitor