Why do I have to pay up front for conveyancing in Dorchester?
Where you are retaining lawyers for conveyancing in Dorchester your lawyer will request that you place them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. When the deposit is as part of the total price then this should be asked for immediately before contracts are exchanged. The closing balance that is needed will be payable a few days prior to the completion date.
I am purchasing a 4 bedroom semi-detached house in Dorchester. The intention is to carry out a loft conversion at the house.Will the conveyancing process include checks to see if these alterations are allowed?
Your conveyancer will review the deeds as conveyancing in Dorchester will occasionally reveal restrictions in the title deeds which prevent categories of changes or require the permission of a 3rd party. Some works require local authority planning consent and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be sensible to check these things with a surveyor before you commit yourself to a purchase.
Can you help - my lawyer advises that defective lease insurance is required on my purchase. What is the level of cover for Dorchester conveyancing?
The right level of defective lease indemnity insurance should be dictated by who who your lender is. It would differ for example between Barclays and Leeds Building Society. Conveyancing practitioners as opposed to borrowers take out such policies.
I am due to exchange contracts on my apartment. I had a double glazing fitted in July 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Coventry BS are being a right pain. The Dorchester solicitor who is on the Coventry BS conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Coventry BS are insisting on a building regulation certificate. Why do Coventry BS have a conveyancing panel if they don't accept advice from them?
It is probably the case that Coventry BS have referred the matter to their valuer. The reason why Coventry BS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I used Stirling Law several years ago for my conveyancing in Dorchester. Now, I need the documents however the law firm has closed. What do I do?
Do call 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 Dorchester 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 Dorchester with the aid of help to buy. The sellers would not budge the price so I negotiated £7000 of extras instead. The property agent advised me not reveal to my lawyer about this side-deal as it could jeopardize my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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.
We have been informed by numerous family members to expect six to eight weeks for Dorchester conveyancing to complete.This was 3 ago. The paperwork was only sent from the vendors property lawyer a couple of days ago so now does it countdown?
No definitive time frame exists for conveyancing in Dorchester. Conveyancing is subject to too much unpredictabilities. Dorchester conveyancing searches in and of themselves may take some weeks to arrive.