I hired a local lawyer for our conveyancing in Halifax recently. After carefully reading the official terms of business it is apparent thatwe are on the hook for charges even if the dealdoes not happen. Would I be best advised to instruct an on-line solicitor practice promoting no-sale-no-fee conveyancing in Halifax?
Generally there is a compromise along the lines that if "No Completion No Fee" is offered then the fee levels will tend to be be uplifted to offset the transactions that do not go ahead. Also remember that such schemes generally do not cover expenditure such your Halifax conveyancing search costs.
We see that you have a search directory identifying firms on the RBS conveyancing panel. Do companies pay you a referral fee if I instruct them for our conveyancing in Halifax?
We are a listing service only for law firms wishing to communicate if they are on the RBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Halifax.
My brother-in-law has suggested I instruct a conveyancing solicitor in Halifax. I I am struggling to find out if they are accepted on the Clydesdale conveyancing panel. Could you or the lender confirm if they are on the panel?
You should contact the solicitor and ask them whether they are on the lender panel. Otherwise you should call Clydesdale who may be able to assist.
What is the difference between a licensed conveyancer and conveyancing solicitor in Halifax
Two types of professional can conduct conveyancing in Halifax namely licenced conveyancers or solicitors. Both professionals provide the legal services that you need to complete the sale or purchase of property. Both are required to conduct Halifax conveyancing on similar standards and guidelines so you can be safe in the knowledge that your conveyancing will be professionally administered and that the necessary procedures will be correctly attended to.
When it comes to lenders such as Skipton, do Halifax solicitors have to pay a fee to be on the list of approved solicitors?
We are unaware of any bank fees to be on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
We had instructed solicitors based in Halifax on the TSB solicitor approved list. They have just invoiced me a separate fee for the legal aspects of the TSB mortgage. Is this an additional conveyancing fee set by TSB?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitor is entitled to charge a fee for this. This fee is not dictated by TSB but by your Halifax lawyer. Plenty of firms on the TSB panel will quote ’dealing with mortgage’ fee and others do not.
I am buying my first flat in Halifax with the aid of help to buy. The developers would not reduce the amount so I negotiated five thousand pounds worth of extras instead. The property agent told me not disclose to my conveyancer about this side-deal as it could put at risk my loan with Godiva Mortgages Ltd. Is this normal?.
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.