I had intended to instruct a property lawyer in Whiteley for our home move. Our financial adviser informed us that our bank Barclays Direct won't deal with them. Surely this is unduly restrictive?
A decade ago most mortgage companies had a different appetite for risk. Almost all Whiteley conveyancing firms would have been on many mortgage company panels. The FSA in 2010 carried out a thematic review into mortgage fraud which come to the conclusion: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, mortgage companies have regularly sought more information from law firms relating to their operations and their employees and establishing certain criteria such a completing on a minimum volume of transactions. Many Whiteley conveyancing firms that have been excluded from lender panels have a 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Whiteley is amongst the hundreds of areas where the conveyancers showing on our search results are are authorised to act for Barclays Direct.
I am purchasing a property and the lawyer has identified Chancel Repair for which the house could be liable because it falls into the area of such a church. He has mentioned insurance. Is this strictly required for conveyancing in Whiteley
Unless a prior acquisition of the premises completed after 12 October 2013 you may expect lawyers carrying out conveyancing in Whiteley to continue to recommend a chancel search and or chancel repair liability insurance.
I am purchasing a new build house in Whiteley with the aid of help to buy. The sellers would not move on the amount so I negotiated £7000 of fixtures and fittings instead. The house builders rep advised me not disclose to my lawyer about the side-deal as it will jeopardize my loan with the bank. Is this normal?.
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.
I am downsizing from my home. My former solicitors closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Whiteley if that makes things easier.
Please use our search tool to help you choose a solicitor for your conveyancing in Whiteley. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
What advice can you give us when it comes to appointing a Whiteley conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a solicitor for your lease extension (regardless if they are a Whiteley conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you speak with several firms including non Whiteley conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be of use:
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What are the legal fees for lease extension conveyancing?
Whiteley Leasehold Conveyancing - A selection of Questions you should ask before Purchasing
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In the main the cost for major works tend not to be built into the maintenance charges, albeit that a few managing agents in Whiteley ask tenants to contribute towards a sinking fund and this is used to offset against major repairs or maintenance. This information is important as a) areas could cause problems in the building as the common areas may start to deteriorate if services are not paid for b) if the tenants have an issue with the running of the building you will need to have all the details Are any of leasehold owners in arrears of their service charge payments?