Should conveyancers request money up-front for my conveyancing in Thornbury?

Where you are retaining lawyers for conveyancing in Thornbury your lawyer will ask you to provide them with monies to cover the search fees. Generally this is called for to cover the fees of the Local Authority Search. If any down payment is payable against the sale price then this will be required immediately in advance of exchange of contracts. Any further balance that is due should be sent to your lawyer a couple of days ahead of the day of completion.

What is the optimum way to check that the solicitor conducting my conveyancing in Thornbury is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Barclays thus paying £175.00 in additional legal costs.

You should take advantage of the search tool on this page. Please choose the lender and type ‘Thornbury’ or your preferred area and you will see numerous solicitors offices in Thornbury or by proximity to you.

Various internet forums that I have visited warn that are a common reason for stalling in Thornbury house deals. Is this right?

The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays during the legal transfer of property. Searches are unlikely to feature in any holding up conveyancing in Thornbury.

I'm buying my first flat in Thornbury with a mortgage from Clydesdale. The developers refused to budge the amount so I negotiated £7000 of additionals instead. The house builders rep advised me not reveal to my solicitor about the extras as it may jeopardize my mortgage 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.

We are one month into a residential purchase having been directed to conveyancers by the local agent to handle our conveyancing in Thornbury. We are not happy. Could you you assist me in finding new conveyancers?

They would need to be very poor to suggest diss instructing them. Has the mortgage been generated? If so you need to make them aware of the new contact details and have the mortgage documents are issued to the new lawyers. Your conveyancer should be on the banks panel to avoid supplemental fees and delays. That should be your starting point. The search tool will help you find a lender approved solicitor for your home move in Thornbury