We were about to instruct a conveyancing solicitor in Halstead endorsed on your site but have come across alternative costs illustrations on the internet seem less expensive – why is this?
There are many firms of conveyancers advertising theoretically looks to be very low prices. We suggest that you think long and hard about how important this transaction is to you that you are willing to take 'cheap' risks in relation to the quality of the conveyancing. Many of them highlight a budget fee to entice you but conceal extra fees in the small print..
Are there restrictive covenants that are commonly identified as part of conveyancing in Halstead?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Halstead. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm buying a new build house in Halstead with the aid of help to buy. The developers would not budge the price so I negotiated £7000 of additionals instead. The estate agent advised me not to tell my solicitor about the side-deal as it could jeopardize my loan with Aldermore. Should I keep quiet?.
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.
Due to the guidance of my in-laws I had a survey completed on a house in Halstead ahead of instructing solicitors. I have been advised that there is a flying freehold element to the house. My surveyor advised that some lenders may not grant a mortgage on such a home.
It depends who your proposed lender is. HSBC has different instructions for example to Birmingham Midshires. Should you wish to call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Halstead. Conveyancing will be smoother if you use a solicitor in Halstead especially if they are acquainted with such properties in Halstead.
My father-in-law has suggested that I appoint his lawyers for conveyancing in Halstead. Should I use them?
No doubt it’s preferable to choose a conveyancing lawyer is to get recommendations from friends or relatives who have previously instructed the conveyancer that you are are thinking of instructing.