I am planning to acquire a flat and need a conveyancing solicitor in Tiverton who is on the Norwich and Peterborough Building Society solicitor. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Norwich and Peterborough Building Society in certain locations such as Tiverton. We dont recommend any particular firm.
I completed on my house on 1 February and my personal details is yet to be registered. Any reason for this? My conveyancing solicitor in Tiverton said it would be concluded in a couple of weeks. Are transfers in Tiverton particularly slow to register?
As far as conveyancing in Tiverton is concerned, registration is no quicker or slower than anywhere else in the country. Rather than based on location, timeframes can vary subject to who lodges the application, whether there are errors and whether the Land registry communicate with any interested parties. At present in the region of 80% of submission are fully dealt with in less than three weeks but occasionally there can be longer delays. Historically registration is effected after the purchaser is living at the property thus an expedited registration is not always an essential issue yet if it is urgent that the the registration takes place urgently then you or your solicitor should speak with the land registry and explain the circumstances.
I am buying my first flat in Tiverton benefiting from help to buy. The builders would not move on the amount so I negotiated 6k of fixtures and fittings instead. The estate agent suggested that I not reveal to my conveyancer about the deal as it may affect my loan with the lender. 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.
How do I use the search tool to select a conveyancing solicitor in Tiverton on the approved list for my bank?
First pick a mortgage company such as Santander, Bank of Scotland or Nottingham Building Society then choose your location e.g. Tiverton. Conveyancing practices in Tiverton and across England and Wales will then be shown.
I am just shy of a 10% deposit on my apartment purchase in Tiverton , but I still want to proceed. Do I have options?
One option is to try and agree a lesser deposit. Many sellers will agree to a smaller deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last minute