My husband and I are purchasing a new build apartment in Frizington and my conveyancer is advising me that she is duty bound to the mortgage company to disclose incentives from the seller. I am under pressure to exchange and my preference is not to prolong matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I need some fast conveyancing in Frizington as I am faced with a deadline to sign on the dotted line in less than 4 weeks. Luckily I do not require a mortgage. Can I decline from having conveyancing searches to save money and time?
As you are not getting a mortgage you have the choice not to do searches although no lawyer would recommend that you don't. With plenty of history conveyancing in Frizington the following are examples of issues that can be revealed and therefore impact market value: Enforcement Actions, Outstanding Charges, Overdue Grants, Railway Schemes,...
I'm converting the mortgage on my current property to a buy to let loan with Bank of Ireland and I will use the rest of the raised equity as a down payment on a second house. The neighborhood we are interested in is Frizington. Will your lawyers be able to act for both sets of mortgage companies and tie in the two deals?
Do use our search tool on this page to be sure that the solicitors are approved by both banks. Having checked that they are the solicitor will be able to connect the two deals but you should have a chat with you solicitor and make clear your expectations and needs.
I am a fortnight into a residential purchase having been directed to a firm by the high street agent to perform conveyancing in Frizington. I am not happy. Could you you assist me in finding new conveyancers?
A solicitor would need to be really bad to suggest replacing them. Has the loan offer been sent? If so you will need to advise them of the new conveyancer and get the loan are issued to the new lawyers. The solicitor ideally needs to be on the lenders panel to avoid supplemental charges and complications. So that should be your starting point. Our search tool will help you find a lender approved lawyer for your home move in Frizington
Do online conveyancing companies undertake everything a local Frizington solicitor does or do I still need to employ a solicitor for the final stages for my conveyancing in Frizington?
If you instruct an online conveyancer they should cover all the tasks your Frizington solicitor would cover.