I'm in the process of transferring my domestic loan to a Buy to Let Skipton Building Society mortgage. The bank has said that I must appoint a lawyer as part of the process. I had a chat my former Petts Wood conveyancing practitioner who dealt with the legals when I initially acquired the house. The fee estimate issued of £575 plus disbursements has taken me by surprise as its a refinance than a sale or purchase.

The quote is fractionally on the steep side. Where you are happy to invest time contrasting costs you may be able to reduce the fees marginally by as much as a hundred pounds. On the other hand, providing that you were satisfied with the conveyancing the firm provided you couldcome to rue choosing an an unknown solicitor. Remember to check that the firm can represent Skipton Building Society. Do employ our search tool to choose a Petts Wood conveyancing firm on the Skipton Building Society conveyancing panel, which can often include conveyancing solicitors in Petts Wood.

I am considering applying for a Leeds Building Society mortgage for purchase of a newly converted (under development) in Petts Wood with 60% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Leeds Building Society ?

There is nothing to stop you using your solicitor, but Leeds Building Society will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.

I am assisting my niece sell her flat in Petts Wood. Does the solicitor arrange the EPC or should I organise this?

Following the demise of Home Packs, energy performance certificates was maintained a required element of selling a house. An EPC should be commissioned before the property is marketed. It is not something that conveyancers normally organise. Where you are using a Petts Wood conveyancing solicitor they may help arrange energy assessments due to their contacts with long established local assessors

We are due to move house in December. Should my conveyancing solicitor liaise with the removal company on the day of completion. As an aside, can you put forward a removal company in Petts Wood. Conveyancing solicitor was organised before I stumbled across your page.

On the afternoon of completion you can pick up the keys from the selling agent however this should only happen when the previous owners conveyancers confirm to the agent that they have the completion monies and the keys can be passed over. You can tell the removal men that you are ready to move in. As a matter of policy we do not recommend a particular removal company but can assist you in finding a residential property solicitor in Petts Wood or a legal practice that specialises in conveyancing in Petts Wood.

Principality have agreed my home loan in principle, my bid on a apartment in Petts Wood has been accepted, what happens next?

Your estate agent will wish to be informed of your property lawyer's details (ensure that the lawyers are on the lender’s panel). Telephone Principality or the broker and finalise any appropriate documentation. Principality will sellect a valuer who will get in touch with the selling agent or owners to schedule a time for the valuation to occur. Once carried out (assuming no problems) it takes about ten days to get a mortgage offer. Principality will send the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Petts Wood.

I'm purchasing a new build house in Petts Wood with the aid of help to buy. The developers would not reduce the amount so I negotiated 6k of extras instead. The sale representative told me not to tell my conveyancer about the extras as it could affect my loan with the bank. 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.

We are looking to purchase a repression flat in Petts Wood and the vendor require completion within a month. Can a conveyancer meet that timeframe? Am I best advised to instruct a high street Petts Wood firm or an online company that professes to complete quickly?

Visit your Petts Wood shopping parade. Go in to two or three firms and ask to talk to a conveyancing solicitor for a quote. Set out your needs and seek a commitment on time frames. Select the firm that seems most genuine. Be sure to use a conveyancer on the panel of solicitors acceptable to your lender.