Various internet forums that I have come across warn that are the main reason for stalling in Leicestershire house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays during the legal transfer of property. Local searches are not likely to be the root cause of holding up conveyancing in Leicestershire.
I am purchasing a new build house in Leicestershire with the aid of help to buy. The developers refused to budge the amount so I negotiated five thousand pounds worth of extras instead. The estate agent told me not disclose to my conveyancer about this deal as it would jeopardize my loan with Bank of Scotland. 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 opted to have a survey done on a house in Leicestershire before appointing conveyancers. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some mortgage companies tend refuse to issue a loan on such a home.
It varies from the lender to lender. Lloyds has different instructions from Birmingham Midshires. Should you wish to telephone us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Leicestershire. Conveyancing will be smoother if you use a solicitor in Leicestershire especially if they regularly deal with such properties in Leicestershire.
I am a sole trader looking to lease a unit on a shopping parade. Can you recommend lawyers offering competitive costs for commercial conveyancing in Leicestershire for under 2k?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Leicestershire, including the sale and purchase of businesses as well as simply premises. Whether you are intending to purchase or lease a shop, pub, restaurant, office, retail premises or a whole business we can find you the right lawyer. As for the charges this will depend on the structure and terms of the deal. Please provide us with your details or phone so as to enable us to provide you with comprehensive commercial conveyancing quote.
Are all Leicestershire solicitors on every lender conveyancing panel?
You can use our search tool or you can go into your local lender branch in Leicestershire. the probability is that they can recommend conveyancing solicitors in Leicestershire