After looking at mumsnet.com for a conveyancing lawyer in Stockwood, many comment that I must use a CQS accredited solicitor. What is CQS?
The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in the legal transfer of properties, trusted by some of the UK's biggest lenders. Four years ago the Conveyancing Quality Scheme was officially recognised by the Council of Mortgage Lenders (CML). The scheme does not cover licenced conveyancers. Stockwood is one of the numerous areas of the UK where there are Accredited solicitors.
I have been told that property searches are a common reason for hinderance in Stockwood conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays in the conveyancing process. Searches are not likely to feature in any slowing down conveyancing in Stockwood.
I am buying my first flat in Stockwood with a mortgage from Barclays Direct. The developers refused to reduce the price so I negotiated £7000 of additionals instead. The property agent advised me not inform my conveyancer about the extras as it could affect my mortgage with Barclays Direct. Is this normal?.
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.
In scouring the world wide web for the phrase cheap conveyancing in Stockwood it shows results of many conveyancerslocally. With so much choice what is the best way to find the suitable property lawyer for the sale of my house?
The preferential way of seeking a suitable conveyancer is via trusted recommendation, so seek the guidance of friends and relatives who have bought a property in Stockwood or a respected estate agent or financial adviser. Costs for conveyancing in Stockwood vary, so it's advisable to obtain at least three costs illustrations from varying types of companies. Make sure that you know that the charges are assured not to escalate.
What can I do to find out who is the owner of a house in Stockwood?
Provided the premises is registered with HMLR, and you have requisite details of the location of the property, you will be able to view details from the HMLR of the recorded proprietor for a for less than a fiver.