We note that you have a post code search directory listing solicitors on the Nationwide conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Hadley Wood?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hadley Wood.
My Solicitor in Hadley Wood is not on the Barclays Approved Panel. Can I still use my family solicitor even though they are not on the Barclays list of approved lawyers?
Your options are as follows:
- Complete the purchase with your existing Hadley Wood lawyers but Barclays will need to retain a conveyancer on their panel. This will result in additional overall conveyancing fees as well as cause frustration.
- Get an alternative lawyer to to deal with the purchase, remembering to check they are on the Barclays panel
Should my lawyer be asking questions regarding flooding during the conveyancing in Hadley Wood.
Flooding is a growing risk for conveyancers conducting conveyancing in Hadley Wood. Plenty of people will purchase a house in Hadley Wood, completely expectant that at some time, it may be flooded. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, adequate insurance cover, or sell the premises. Steps can be carried out during the course of a house purchase to forewarn the purchaser.
Conveyancers are not best placed to give advice on flood risk, however there are a various searches that may be carried out by the buyer or on a buyer’s behalf which can give them a better understanding of the risks in Hadley Wood. The conventional set of information sent to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a standard inquiry of the owner to determine whether the property has historically flooded. In the event that the premises has been flooded in past which is not notified by the vendor, then a purchaser could bring a compensation claim as a result of such an incorrect answer. The purchaser’s solicitors may also carry out an environmental report. This will reveal if there is a recorded flood risk. If so, more detailed investigations should be conducted.
I'm buying my first flat in Hadley Wood with a mortgage from Halifax. The developers would not move on the price so I negotiated 6k of extras instead. The estate agent told me not to tell my lawyer about the deal as it may put at risk my mortgage with Halifax. 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.
What type of property do your Hadley Wood conveyancing estimates apply to?
Our conveyancing quotes are only appropriate to standard residential homes in England & Wales. If you have any different needs such as industrial or agricultural property or commercial conveyancing in Hadley Wood please contact us to consider your requirements .