I am buying a property and need a conveyancing solicitor in Sheffield who is on the The Royal Bank of Scotland conveyancing. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for The Royal Bank of Scotland in certain locations such as Sheffield. We dont recommend any particular firm.
four months have elapsed since my purchase conveyancing in Sheffield concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am buying my first flat in Sheffield with a loan from Bank of Scotland. The builders refused to reduce the price so I negotiated 6k of extras instead. The property agent advised me not disclose to my solicitor about this side-deal as it could affect my loan with the 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.
Should I be suspicious about 3rd parties that I am dealing with are recommending an internet conveyancing firm as opposed to a High Street Sheffield conveyancing company?
As is the case with lots of professional services, often recommendations from relatives can be extremely useful or valuable. Nevertheless there are lots of people with a vested interest in a conveyancing deal; estate agents, mortgage brokers and banks might all suggest conveyancers to choose. On occasion the conveyancers might be known to one of the organisations as one of the best in their field, but sometimes there may be a commercial relationship behind the endorsement. You have the right to choose your preferred conveyancer. Don't forget that some mortgage providers have an approved list of lawyers you have to use for the lender related work in your home move.
I am a couple of weeks into a leasehold purchase having been referred to a firm by the local agent to perform conveyancing in Sheffield. We are not happy. Can you help me find new solicitors?
A solicitor would have to be very bad to suggest changing them. Has your mortgage been sent? If so you need to inform them of the new contact details and get the offer are issued to the new lawyers. Your new solicitor ideally should be on the lenders approved list to avoid added fees and complications. So that should be your starting point. The search tool will assist you in finding a lender approved conveyancer for your home move in Sheffield