My home in Park Royal is up for sale and I have accepted an offer. Will my conveyancer have to be required to be on the Co-operative conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Co-operative conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
Is it necessary to pay for insurance to cover chancel repairs when buying a house in Park Royal?
Unless a prior acquisition of the property took place post 12 October 2013 you may expect conveyancing practitioners conducting conveyancing in Park Royal to remain encouraging a chancel search and or chancel repair liability insurance.
I am purchasing my first flat in Park Royal benefiting from help to buy. The developers would not budge the amount so I negotiated 6k of additionals instead. The house builders rep told me not reveal to my lawyer about this extras as it may jeopardize my loan with HSBC Bank. Is this normal?.
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.
Given that I will soon spend hundreds of thousands of pounds on 3 bedroom house in Park Royal I would like to talk to a conveyancer regarding thehouse move before giving the go ahead to the firm. Is this something that you can arrange?
This is something that we encourage - we would be delighted to talk to you we do not take any clients on without you first talking to the solicitor who will be conducting your property ownership legalities in Park Royal.There is no ‘factory style conveyancing’ - each client is an important individual, not a file reference. The solicitors that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Park Royal should be the amount on the final invoice that you are charged.
As co-executor for the will of my grandfather I am disposing of a house in Cardiff but reside in Park Royal. My lawyer (who is 300 kilometers awayhas requested that I execute a stat dec prior to completion. Could you suggest a conveyancing lawyer in Park Royal to witness this legal document for me?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are located in Park Royal