I selected a high street lawyer for our conveyancing in Montacute recently. Reviewing the fine print I seeI am responsible for charges even where the transaction does not complete. Should I go with them or instruct a web based conveyancing company promoting no-sale-no-fee conveyancing in Montacute?
Generally there is a compromise along the lines that if "No Sale No Fee" is available then the conveyancing charges will tend to be be more expensive to neutralise the conveyances that do not go ahead. Please beware that these promotions tend not to cover disbursements for example Montacute conveyancing search charges.
Our god-son is in the process of securing a newly built flat in Montacute with a mortgage from Aldermore. His lawyer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The form is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Aldermore conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Aldermore conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My wife and I are downsizing from our house in Montacute and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. A high street Montacute lawyer would know that there is no such problem. For the life of me I don't know why the purchasers instructed a nationwide conveyancing firm rather than a conveyancing solicitor in Montacute. Having lived in Montacute for six years we know of no issue. Is it a good idea to get in touch with our local Authority to get confirmation that the buyers are looking for.
It would appear that you have a conveyancing lawyer currently acting for you. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
How does conveyancing in Montacute differ for new build properties?
Most buyers of new build residence in Montacute come to us having been asked by the builder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because developers in Montacute usually acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Montacute or who has acted in the same development.
How do I locate a Montacute law firm on the TSB conveyancing panel? I have a car and am willing to travel upto 10kilometers to meet the lawyer.
Feel free to make use of the search on this website. Please pick a lender and your location and you will see a number of Montacute conveyancing lawyers locally. We have detailed some Montacute conveyancing firms towards the end of this page and you can contact them to verify if they are on the TSB approved list