My best friend’s sister is a conveyancer. I am hopeful that I can be offered mate’s rates for conveyancing, but if not, what kind of fees should I be paying for conveyancing in Kingsdown?
It’s sensible to obtain two or three conveyancing quotes. Do use our comparison tool on this site. The quotes may be different but the service one can expect differ between property lawyers as is true with the vast majority of professional services.
My home in Kingsdown is up for sale and I have a purchaser. Does the lawyer have to be on the Principality conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Principality conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently currently.
I'm buying my first flat in Kingsdown benefiting from help to buy. The developers refused to reduce the price so I negotiated £7000 of additionals instead. The property agent advised me not disclose to my conveyancer about this side-deal as it could put at risk my loan with HSBC Bank. 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.
Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what should have been a quick, no chain conveyancing. Kingsdown is where the house is located. Can you offer any opinion?
Flying freeholds in Kingsdown are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Kingsdown you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Kingsdown may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I am unable to visit my Kingsdown conveyancing solicitors office to sign documents connected to my conveyancing in Kingsdown – is this a problem?
You need not be concerned. Kingsdown conveyancing lawyers can conduct conveyancing transactions for clients throughout the rest of the country. It is not necessary for you to be able to visit a Kingsdown conveyancers office. They can deal with everything via phone, post and email - whatever works for you.