It may have been a long time coming a loan agreement from Santander for the remortgage of my 4 room flat is due by the end of next week. Could you put forward a low cost conveyancing law firm in Southville?

You are on the wrong site if you are in need of cut-price fees for conveyancing solicitors in Southville. Our goal is to offer cost effective conveyancing but we do not advertise as being the cheapest. Resist the temptation to appoint brokers offering the bait of £100 conveyancing in Southville. At best, in going for cheap conveyancing, you will get your money’s worth and at worst it will result in you spending a lot in additional fees and still not receive the service expected.

We are a couple about to exchange contracts for a freehold house in Southville. We have hit a problem. The mortgage offer with Nottingham Building Society expires on 9/7/2024 but the sellers are putting forward a completion date of 11/7/2024. Is it possible to extend the loan offer?

The best person to address this question is your lawyer who will hopefully calculate whether they corresponding with the mortgage broker, seller’s solicitors, estate agents or conceivably all parties taking into account what has happend in your house move as of today.

In what way does my ID and proof of funds have anything to do with my conveyancing in Southville? Is this really necessary?

In order to comply with Money Laundering Regulations any Southville conveyancing firm will require proof of identity in all conveyancing transactions. This is normally dealt with by provision of a passport and an original bank statement or utility bill showing your correct address.

Under Money Laundering Regulations, conveyancers are required to investigate not only the ID of conveyancing clients but also the origin of monies that they receive in respect of any matter. Refusal to disclose this may result in your solicitor ending their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your property lawyers will have an obligation to notify the appropriate authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.

I am buying a property and require a conveyancing solicitor in Southville who is on the Bank of Scotland solicitor. Could you point me in the right direction as regards a firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Bank of Scotland in certain locations such as Southville. We dont recommend any particular firm.

I'm purchasing a new build house in Southville benefiting from help to buy. The builders refused to move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent suggested that I not reveal to my lawyer about this side-deal as it could jeopardize my mortgage with Coventry Building Society. 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.