Can conveyancing in Beddington South to be finalised within 10 days?

In a situation where you are under time constraints to exchange we would recommend that your solicitor is familiar with the area as they will make use of local connections and knowledge. It is possible that they would have transacted otherhouses in the same street. You would be best advised to use a Beddington South conveyancing lawyer. In addition, double check that the conveyancing firm is on the on the approved list for your mortgage company. It is estimated that 18% of Beddington South conveyancing deals are delayed or derailed after finding out that a purchaser’s solicitor was not on their banks panel. This can often result in the transaction being held up by as much as three weeks. It is estimated that this issue impacts approximately 100,000 home moves annually. Most Beddington South conveyancing firms can not represent certain banks so do check at the outset.

Why do I have to pay up front for my conveyancing in Beddington South?

If you are buying a property in Beddington South your solicitor will request that you place them with monies to cover the search fees. Normally this is requested to cover the fees of the conveyancing searches. When the deposit is payable against the sale price then this should be required shortly in advance of exchange of contracts. The final balance that is due should be sent to your lawyer a couple of days prior to the day of completion.

Are there restrictive covenants that are commonly identified during conveyancing in Beddington South?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Beddington South. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I'm buying my first flat in Beddington South with a mortgage from Barclays Direct. The sellers would not reduce the price so I negotiated £7000 of extras instead. The property agent told me not inform my conveyancer about this extras as it could impact my mortgage with Barclays Direct. 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.

My husband and I are novice buyers - had an offer accepted, but the property agent has warned us that the owners will only issue a contract if we instruct their recommended solicitors as they need a ‘quick sale’. Our preferred option is to instruct a high street conveyancer who is accustomed to conveyancing in Beddington South

It is unlikely the sellers are driving this. Should the seller desire ‘a quick sale', alienating a motivated purchaser is likely to cause more damage than good. Speak to the vendors direct and make the point that (a)you are genuine buyers (b)you are ready to go, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you will continue to use your own,trusted Beddington South conveyancing lawyers - rather thanthe ones that will provide the estate agent a kickback or meet his conveyancing figures demanded by head office.