Should lawyers ask for an advanced payment when it comes to conveyancing in Shoeburyness?
If you are buying a property in Shoeburyness your solicitor will request that you place them with monies to cover the search fees. This will be the total of the cost of the Local Authority Search. When the deposit is as part of the sale price then this will be required immediately before exchange of contracts. The closing balance that is due should be sent to your lawyer a couple of days ahead of the completion date.
Are the BSA planning on creating a searchable register to list practices on the Earl Shilton BS conveyancing panel for example in Shoeburyness?
We are not aware of any plans on the part of the BSA to develop such a search facility.
I know that there are debates on Chancel Insurance on online forums. Do I need this when acquiring a residence in Shoeburyness? or I am told that there is an ancient law that means some homeowners residing in a parish church boundary will be compelled to contribute towards repairs towards the chancel within the church. Is this a legitimate concern for conveyancing in Shoeburyness?
Unless a previous acquisition of the property took place after 12 October 2013 you can assume that lawyers handling conveyancing in Shoeburyness to continue to advocate a chancel search and or chancel repair liability insurance.
I'm buying a new build house in Shoeburyness with a loan from National Westminster Bank. The sellers refused to budge the amount so I negotiated £7000 of fixtures and fittings instead. The house builders rep told me not disclose to my solicitor about the extras as it would jeopardize my loan with National Westminster Bank. Should I keep quiet?.
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'm remortgaging my current home to a BTL loan with Barclays and intend to use the remaining equity as a down payment on a second property. The area we are interested in is Shoeburyness. Will your solicitors be able to act for both sets of banks and tie in the conveyances?
Do use our comparison tool on this site to ensure that the lawyers are on the relevant lender panels. On the basis that they are your lawyer will be able to tie up the two conveyancing matters but you should have a chat with you lawyer and make clear your desired outcome and needs.