I instructed a local firm for my conveyancing in Cornwall today. Going through the small print I notewe are liable for fees even where the transaction does not complete. Would I be best advised to use an on-line conveyancing brokerage who offer no move no charge conveyancing in Cornwall?
Generally there is a compromise along the lines that if "No Sale No Fee" is offered then the fee levels will generally be uplifted to offset those conveyances that do not go ahead. Do bear in mind that such schemes rarely cover expenses by way of example Cornwall conveyancing search expenses.
I used Stirling Law a few years ago for my conveyancing in Cornwall. I now require my papers however the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Cornwall of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm buying my first flat in Cornwall with the aid of help to buy. The sellers would not move on the price so I negotiated £7000 of extras instead. The property agent told me not reveal to my solicitor about this deal as it could put at risk my mortgage with the lender. Do I keep my lawyer in the dark?.
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.
I decided to have a survey carried out on a house in Cornwall before appointing conveyancers. I have been told that there is a flying freehold aspect to the house. My surveyor has said that some lenders tend not grant a loan on this type of home.
It varies from the lender to lender. Santander has different requirements for example to Halifax. Should you wish to telephone us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Cornwall. Conveyancing may be slightly more expensive based on your lender's requirements.
I was pointed in your direction by a few property agents in Cornwall to get a quote from a solicitor on your site. Is there a financial inducement for Estate Agents to market your lawyers over a competitor’s?
We refuse to give any financial incentive for pointing buyers and sellers in our direction. We thought it would be too underhand to pay a commission because a client could think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.