What is the best way to search for the right solicitor to provide a first class service for my conveyancing in Northfleet?
First ask connections who they would recommend.
Option 2 is to use a comparison service on the internet for conveyancing in Northfleet. Ring two or three listed and invite them to forward you their conveyancing fee calculations and discuss your needs with the solicitor who will conduct the legal process beforecommitting.
Third is to make use of our search tool to help you find the right lawyers for you based on your personal expectations including area of the property,timings, complexity and who your intended mortgage company is. Resist the temptation to go for low cost conveyancing in Northfleet
At what point can the exchange of contracts take place for domestic conveyancing in Northfleet and am I required to be at the conveyancers branch?
If you are in close proximity to our conveyancing solicitors in Northfleet you are invited in to sign the paperwork. However, the lender approved solicitors we work with supply a national conveyancing service and give as equally comprehensive and professional a job for you when dealing with you by post or email. The signing of the property agreement is not the critical part. Signing on the dotted line simply enables the solicitor to officially exchange at the appropriate time, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Northfleet)to be in the office available at the end of the phone to exchange contracts.
I am considering applying for a Aldermore mortgage for purchase of a newly converted (under development) in Northfleet with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Aldermore ?
There is nothing to stop you using your solicitor, but Aldermore will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
I'm buying my first flat in Northfleet with a loan from Clydesdale. The developers refused to move on the amount so I negotiated £7000 of fixtures and fittings instead. The house builders rep suggested that I not disclose to my conveyancer about the side-deal as it will affect my loan with the lender. Should I keep quiet?.
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.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a simple, no chain conveyancing. Northfleet is the location of the property. Can you offer any advice?
Flying freeholds in Northfleet are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Northfleet you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Northfleet may ascertain 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.