When can the exchange of contracts occur in purchase conveyancing in Great Baddow and am I required to be at the conveyancers branch?
If you are in close proximity to one of the conveyancing solicitors in Great Baddow you are invited in to sign contracts. That being said, the lender approved solicitors we recommend offer countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when dealing with you electronically. The signing of the contract is not the point of no return. A signed contract is necessary for the solicitor to officially exchange at the appropriate time, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Great Baddow)to be in the office at the appropriate time.
Me and my brother own a semi-detached Edwardian house in Great Baddow. Conveyancing solicitor acted for me and Chelsea Building Society. I did a free Land Registry search last week and there are a couple of entries: the first freehold, the second leasehold under the exact same address. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Great Baddow and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with the conveyancing practitioner who completed the work.
I'm purchasing my first flat in Great Baddow benefiting from help to buy. The builders would not budge the amount so I negotiated £7000 of additionals instead. The sale representative told me not reveal to my solicitor about the deal as it would adversely affect my mortgage with The Mortgage Works. Do I keep my lawyer in the dark?.
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.
I was advised by a few selling agents in Great Baddow to locate a conveyancer using your seach tool. Is there a financial advantage for Estate Agents to promote your site ahead of another?
We don’t offer any commission for sending work in our direction. We thought it would be too underhand to pay a commission because members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
I am a couple of weeks into a residential purchase having been referred to a firm by the selling agent to handle our conveyancing in Great Baddow. I am am extremely frustrated with the quality of service. Could you you assist me in finding new lawyers?
They would have to be really bad to suggest diss instructing them. Has your loan offer been sent? If so you must inform them of the replacement solicitor and have the loan are issued to the new lawyers. The conveyancer needs to be on the mortgage company approved list to avoid escalating charges and frustration. So that should be your first question of the new lawyers. The search tool will help you find a bank approved solicitor for your conveyancing in Great Baddow