My wife and I are about to complete buying a property in March but as a result of damage from the recent storms I have was able negotiate reparation from the vendor of £3k taking the form of a deduction in the price. I had intended this to be addressed as part of the conveyancing process yet Lloyds will not agree to this. Why were they informed?
Any conveyancing practitioner being on the Lloyds conveyancing panel is obliged to disclose to Lloyds of any amendments to the sale price. If you prohibit your conveyancing practitioner to disclose the reduction to Lloyds then they would have to discontinue acting for you. In addition, Lloyds and you would have to appoint a new lawyer for your conveyancing in March.
When scouring moneysavingexpert.com for a conveyancing lawyer in March, many post that I should use a CQS kitemarked lawyer. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised kitemark for legal experts in home moving process, trusted by some of the UK's biggest banks. Four years ago the Conveyancing Quality Scheme was officially recognised by the Council of Mortgage Lenders (CML). The scheme does not cover licenced conveyancers. March is one of the numerous areas in England and Wales where there are CQS solicitors.
Due to the guidance of my in-laws I had a survey completed on a house in March in advance of instructing conveyancers. I have been informed that there is a flying freehold element to the property. My surveyor advised that some mortgage companies tend not issue a loan on a flying freehold house.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. Should you wish to telephone us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in March. Conveyancing may be slightly more expensive based on your lender's requirements.
Given that I will soon part with over three hundred thousand on a garden flat in March I would like to have a conversation with the solicitor about myconveyancing in advance of giving the go ahead to the firm. Can this be arranged?
Absolutely - it is our preference to talk to you we do not take any clients on without you liaising with the conveyancer who will be doing your conveyancing in March.There is no ‘factory style conveyancing’ - every client is an important individual, not a file reference. The law firms that we put you in touch with believe that the fees you are provided with for your conveyancing in March should be the figure that you end up paying.
I pay a service charge for my property in March. Due to redundancy and other issues I fell into arrears with remittance. I negotiated a settlement schedule but there remains three grand outstanding as of today.
I now wish to sell and I am worried this will threaten to derail the sale if I have to settle the amount due now. Do I have to settle before - is this viable?
Your conveyancer will hopefully be able to negotiate with the management company, and agree with them whether or not they would accept settlement from sale proceeds. Here is indicative of why it is advisable to choose a conveyancing practitioner in March as they may well enjoy an established relationship with the management company.