I have a decision in principle. The bank mentioned the home loan came with free conveyancing. Does this mean I have to instruct their panel conveyancer as I would prefer to appoint a specialised conveyancing solicitor in Newbury?
Do check but the chances are that allocate you one of their panel conveyancers where you take up the "fee-free" deal. Contact the mortgage company and explore if they offer you a monetary alternative. Some lenders have previously offered a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor in Newbury.
I am selling our property in Newbury and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. A high street Newbury lawyer would know that there is no such problem. It does beg the question why the purchasers instructed an online conveyancing firm rather than a conveyancing solicitor in Newbury. Having lived in Newbury for six years we know that this is a non issue. Do we get in touch with our local Authority to get confirmation that the buyers are looking for.
It would appear that you have a conveyancing firm already. Are they able to advise? You need to check with 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 illness)
I used Wolstenholmes a few years ago for my conveyancing in Newbury. Now, I need my files but cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Newbury of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm purchasing my first flat in Newbury benefiting from help to buy. The builders would not move on the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep told me not inform my solicitor about the side-deal as it could impact my mortgage with the lender. Is this normal?.
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.
Is it best to instruct a Newbury conveyancing lawyer in close proximity to the house I am purchasing? We have a good friend who can conduct the legal work however they are based 400kilometers drive away.
The benefit of a local Newbury conveyancing firm is that you can attend the office to sign paperwork, hand in your ID and apply pressure on them where appropriate. They will also have local insight which is a bonus. That being said nothing is more important than finding someone that will do a good and efficient job. If other friends have instructed your friend and the majority were impressed that should outweigh using an unfamiliar Newbury conveyancing solicitor solely due to them being local.