My partner and I are buying a newly constructed flat in Canford Cliffs and my solicitor is informing me that she has to the lender to disclose incentives from the developer. The Estate Agents are hassling me to exchange contracts and I would rather not prolong deal. Is my lawyer right?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We see that you have a search directory identifying solicitors on the Clydesdale conveyancing panel. Do firms pay you a commission if I appoint them for our conveyancing in Canford Cliffs?
We are a listing service only for law firms wishing to communicate if they are on the Clydesdale conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Canford Cliffs.
I am remortgaging my property in Canford Cliffs, does my lawyer have to be on the HSBC Solicitor panel?
In theory, you could use a solicitor that is not on the HSBC conveyancing panel, but HSBC would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
I need some fast conveyancing in Canford Cliffs as I am faced with an ultimatum to exchange contracts inside one month. Luckily I do not need a mortgage. Is it possible to decline from having conveyancing searches to save money and time?
As you are not taking a home loan you have the choice not to do searches although no law firm would recommend that you don't. Drawing on our experience of conveyancing in Canford Cliffs the following are instances of what can be revealed and adversely affect market value: Enforcement Notices, Overdue Fees, Overdue Grants, Unadopted Roads,...
My partner has urged me to use his conveyancers in Canford Cliffs. Do I take his guidance?
No doubt the ideal way to find a conveyancing solicitor is to get referrals from friends or relatives who have actually experience in using the firm you're contemplating using.