Will my conveyancing lawyers need to check that the building insurance when buying a house in Abbots Langley. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 1/5/2024, the requirements read as follows :
What can a local search tell me concerning the house my wife and I purchasing in Abbots Langley?
Abbots Langley conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations for instance Onsearch The local search is essential in every Abbots Langley conveyancing purchase; that is if you wish to avoid any unpleasant surprises after you move into your property. The search should provide information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
I was advised by numerous selling agents in Abbots Langley to locate a property lawyer on your site. Is there a financial inducement for Estate Agents to market your services over and above another?
We don’t make any referral fee for sending work to this site. We found it would be just too difficult a fee because members of the public would think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
My husband and I are FTB’s - had an offer accepted, yet the selling agent told us that the owners will only go ahead if we instruct their preferred conveyancers as they need a ‘quick sale’. My instinct tells me that we should use a high street solicitor who is accustomed to conveyancing in Abbots Langley
We suspect that the seller is not behind this requirement. If they require ‘a quick sale', taking such a hostile approach to a serious buyer is not the way to achieve this. Bypass the agents and go straight to the sellers and explain that (a)you are serious buyers (b)you are ready to go, with finances in place © you are unencumbered (d) you intend to proceed fast (e)but you are going to instruct your preferred Abbots Langley conveyancing firm - not the ones that will provide their negotiator at the agency a introducer fee or achieve conveyancing thresholds pre-set by head office.
Myself and my wife have recently had an offer accepted on a house and had meeting on Tuesday with the Post Office for the mortgage. They have informed us that when it comes to choosing a property lawyer that unless they are on their approved panel of conveyancing practitioners then we will be subject to an an additional charge of £200. This is because they will then have to instruct a conveyancer to act for them in addition to the one we choose to act on our behalf and we are liable for their invoice. I have asked the Post Office to furnish me with a list so I can seek estimates only from their approved lawyers but was told that I need to check with each individual conveyancer to see if they are on the panel. Is there a list online?
Ask the Post Office what their panel criteria is for a solicitor.Then ask the property lawyer of your choice whether they fit that criteria and have they acted on loans for the Post Office in the past. If the answer to those is yes, then just clarify this with the Post Office. Alternatively please use our search facility and we should be able to locate a property lawyer in Abbots Langley on the approved list for the Post Office.