The solicitor who helped my last purchase has quoted £1700 for no sale no fee conveyancing in Biddenham. I’m looking to sell a Victorian house for £200,000. This seems too much. Is it above what I should be paying for conveyancing in Biddenham?
The estimate does seem a tad overpriced. If you shop around you might trim some of the cost by as much as £125. That being said, you mightcome to regret choosing an an untested conveyancer. Remember to check the solicitor can represent your mortgage company. You can make use of our search tool to get a quote a Biddenham conveyancing practice on the lender’s member panel which can often include conveyancing solicitors in Biddenham.
My god-son is buying a new build apartment in Biddenham with a home loan from Lloyds. His lawyer has advised him of a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Lloyds conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Lloyds conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I need some expedited conveyancing in Biddenham as I am faced with pressure to sign on the dotted line within 3 weeks. Fortunately I do not need a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?
As you are are a cash purchaser you have the choice not to do searches although no conveyancer would advise that you don't. Drawing on our experience of conveyancing in Biddenham the following are examples of issues that can show up and adversely affect future mortgageability: Enforcement Notices, Outstanding Fees, Overdue Grants, Unadopted Roads,...
I am purchasing my first flat in Biddenham with a mortgage from Nottingham Building Society. The developers would not reduce the price so I negotiated 6k of extras instead. The estate agent told me not to tell my solicitor about the extras as it could 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.
My mother completed her conveyancing in Biddenham in 2008. She has been married, divorced and has recently remarried. She wishes to market the house in a couple of months. I think she will just be requested to supply copies of the marriage certificates to the conveyancing practitioner however she is concerned it will frustrate the conveyancing. Is it worth updating the title documents for the property?
The is no need to bring up to date the title for the property providing you have the evidence needed to show how the name change resulted.
The purchaser’s conveyancing practitioner will examine the title entries and require evidence to establish the change of name e.g. marriage certificates.