I am buying a semi-detached house in Stamford Bridge. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Stamford Bridge you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Stamford Bridge.
I am helping my aunt sell her house in Stamford Bridge. Does the conveyancer order an EPC or it is for the seller to see to?
Following the demise of Home Information Packs, energy performance certificates was retained a required part of selling a house. An energy assessment should be commissioned prior to the property being marketed. It is not as aspect of the sale process that law firms ordinarily organise. Where you are instructing a Stamford Bridge conveyancing solicitor they may be willing to arrange EPC’s given their contacts with reputable Stamford Bridge energy assessors
My lawyer has informed me that chancel insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Stamford Bridge?
The right level of chancel indemnity insurance depends on your lender. It would differ for example between Halifax and The Mortgage Works. Conveyancing solicitors as opposed to members of the public take out such policies.
We had chosen solicitors based in Stamford Bridge on the Coventry BS solicitor approved list. They are now charging me an additional amount for handling the Coventry BS mortgage. Is this a supplemental conveyancing fee set by Coventry BS?
As unfair as it may seem, as long as it’s in their Terms and Conditions or Quote then yes your conveyancing practitioner is entitled to charge a fee for this. This charge is not set by Coventry BS but by your Stamford Bridge lawyer. Some firms on the Coventry BS panel will quote ’dealing with mortgage’ fee and others do not.
I bought my apartment on 6 August and the transaction details is yet to be registered. Need I be worried? My conveyancing solicitor in Stamford Bridge said it will be dealt with in a couple of weeks. Are properties in Stamford Bridge particularly slow to register?
As far as conveyancing in Stamford Bridge registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timescales can adjust according to the party submitting the application, whether there are errors and if the Land registry must send notices to any third parties. As of today roughly 80% of submission are fully dealt with within two weeks but some can be subject to protracted delays. Historically registration is effected after the new owner is living at the premises thus 'speed' is not usually an essential issue but if there is a degree of urgency associated with the registration then you or your lawyers must communicate with the Registry to express the reasoning for an expedited registration.
I'm buying a new build house in Stamford Bridge with a mortgage from Halifax. The sellers refused to move on the price so I negotiated £7000 of additionals instead. The house builders rep suggested that I not inform my solicitor about the deal as it would affect my mortgage with Halifax. Do I keep my lawyer in the dark?.
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.
I was recommended by a few selling agents in Stamford Bridge to find a conveyancer on your site. Is there a financial upside for Estate Agents to promote your site rather than a competitor’s?
We don’t give any financial incentive for directing people to this site. We found it would be just too difficult a fee as a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.