I am purchasing a 4 bedroom semi-detached house in Shipston on Stour. We would like to an extension at the rear at the house.Will legal due diligence on the property involve investigations to determine if these works are permitted?
Your solicitor will review the deeds as conveyancing in Shipston on Stour can occasionally reveal restrictions in the title deeds which prohibit certain alterations or necessitated the consent of another owner. Many additions need local authority planning consent and approval under the building regulations. Some areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these things with a surveyor prior to committing yourself to a purchase.
I have instructed a Shipston on Stour conveyancing practitioner having checked that they are on the Nottingham conveyancing panel. Does my lawyer arrange the survey of the property?
Nottingham will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nottingham will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Shipston on Stour surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Virgin Money have agreed my mortgage in principle, my bid on a flat in Shipston on Stour has been agreed to, now what?
Your estate agent will want to be advised as to your solicitor's details (be sure the lawyers are on the lender’s panel). Telephone Virgin Money or the broker and complete any relevant paperwork. Virgin Money will instruct a valuer who will get in contact with the estate agent or vendor to arrange a time for the valuation to take place. Once conducted (assuming no problems) it takes on average ten days to receive the mortgage offer. Virgin Money will send the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Shipston on Stour.
I'm purchasing my first flat in Shipston on Stour with a loan from HSBC Bank. The builders would not move on the amount so I negotiated five thousand pounds worth of additionals instead. The house builders rep suggested that I not to tell my conveyancer about this side-deal as it will jeopardize my mortgage with the bank. 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.
How difficult is it to change conveyancer as I need to select a firm on the Chelsea Building Society conveyancing list. I instructed a high street conveyancing solicitor in Shipston on Stour round the corner but he is not approved by Chelsea Building Society
It would be our pleasure to help you select a conveyancing solicitor in Shipston on Stour on the Chelsea Building Society panel. Please note that the conveyancers that we work with do not pay us fee if you instruct them and are regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Shipston on Stour. In making use of the find a conveyancing solicitor tool on this website, you can scrutinise fees for conveyancing solicitors in Shipston on Stour and beyond.
I am 14 days into a freehold purchase having been directed to solicitors by the selling agent to perform conveyancing in Shipston on Stour. I am am very dissatisfied with the quality of service. Could you help me find new solicitors?
They would need to be very poor in order to consider changing them. Has your mortgage offer been issued? In the event that it has you will need to make them aware of the new contact details and ensure the offer are issued to the new lawyers. The solicitor ideally needs to be on the lenders panel to avoid escalating expenses and frustration. That should be your starting point. Our search tool will assist you in finding a lender approved conveyancer for your conveyancing in Shipston on Stour
Our estate agent has suggested using their lawyer for the conveyancing in Shipston on Stour - won’t it be advisable to just instruct them?
It is not always the case and you are free to use whichever conveyancer of your choosing for your Shipston on Stour home move. The conveyancer put forward by an estate agent may not always be the best lawyer, they may put forward their preferred conveyancing firm who are based remotely. In this instance you may not have contact with your conveyancing practitioner and due to the lack of continuity in the transaction, it may be difficult to obtain updates.