I am not well enough to travel far from Endon. Can you please explain the reason why all Endon conveyancers aren't included on all bank panels?
Even though it may seem unfair for lenders to restrict who can represent them, from the public’s or lawyer’s perspective, the other side of the coin is that lending institutions are becoming ever more anxious and consider it imperative to protect them from mortgage fraud. As a result of this concern mortgage companies have consolidated their conveyancing panel to a manageable size.
We note that you have a search directory identifying law firms on the Clydesdale conveyancing panel. Do firms pay you a referral fee if I appoint them for our own conveyancing in Endon?
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 Endon.
Do I need to pay for insurance to address the risk of chancel repairs when buying a residence in Endon?
Unless a previous purchase of the house completed post 12 October 2013 you could expect conveyancing practitioners carrying out conveyancing in Endon to remain recommending a chancel search and or chancel repair liability policy.
Just had an offer accepted on a new build flat in Endon. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Endon
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are surveyor prepared.
I have been pointed in your direction by a few property agents in Endon to get a quote from a conveyancer on your site. What’s the financial incentive for Estate Agents to market your lawyers ahead of alternative conveyancing organisations?
We don’t make any referral fee for directing people our way. We thought it would be too underhand to pay a commission as home movers will think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.