What is the first thing I need to know about purchase conveyancing in Corby?
You may not hear this from too many lawyers but conveyancing in Corby and elsewhere in England and Wales is often a confrontational process. In other words, when it comes to conveyancing there exists an abundance of room for conflict between you and others involved in the transaction. E.g., the vendor, selling agent and sometimes a lender. Appointing a law firm for your conveyancing in Corby an important selection as your conveyancer is your adviser, and is the ONLY person in the legal process whose role it is to look after your legal interests and to protect you.
There is a distinct ongoing adversarial element to conveyancing- someone must be blamed for the process being so protracted. You your first instinct should be to trust your conveyancer ahead of the other parties in the conveyancing process.
I have been recommended a conveyancing solicitor in Corby. I I am struggling to find out whether they are on the The Mortgage Works conveyancing panel. Can you advise?
You should phone your lawyer and ask them whether they are on the lender panel. Otherwise you should call The Mortgage Works who may be able to confirm.
I have todaydiscovered that Stirling Law have closed. They carried out my conveyancing in Corby for a purchase of a leasehold apartment 12 months ago. How can I establish that my home is registered correctly in the name of the previous owner?
The easiest method to see 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 Corby conveyancing specialists.
I am purchasing a new build house in Corby with a mortgage from Aldermore. The builders refused to move on the amount so I negotiated £7000 of extras instead. The property agent advised me not to tell my solicitor about the extras as it may jeopardize my loan with the lender. Should I keep quiet?.
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.
Is it true that a Corby conveyancing firm got sued by a client for failing to conduct the appropriate conveyancing searches?
Our attention has not be brought to such a Corby conveyancing matter but it has been reported that, clients acquiring a home elsewhere in England successfully won a case against their property lawyer as a consequence of development permission to build a wind farm not being identified in conveyancing searches.
Where you are buying in Corby It is important that your lawyer conduct all Corby conveyancing searches required making sure that you have relevant and current information ahead of purchasing a home in Corby.