What happens if my lawyer’s firm is suspended from the Principality Solicitor panel ahead of completing my conveyancing in Turvey?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
I have been told that property searches are the number one cause of obstruction in Turvey house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of hindrances during the legal transfer of property. Searches are unlikely to be the root cause of slowing down conveyancing in Turvey.
I am buying a new build house in Turvey benefiting from help to buy. The builders would not move on the price so I negotiated £7000 of fixtures and fittings instead. The sale representative suggested that I not reveal to my solicitor about the extras as it may put at risk my loan with National Westminster 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 do I identify a Turvey law firm on the Godiva Mortgages Ltd conveyancing panel? I drive a motor bike and am willing to travel upto 10kilometers to meet the lawyer.
Feel free to make use of the search on this page. Please select a lender and your location and you will see a number of Turvey conveyancing lawyers based on proximity. We have listed some Turvey conveyancing firms towards the end of this page and you can call them to verify if they are on the Godiva Mortgages Ltd panel
I am buying a house and need a conveyancing solicitor in Turvey who is on the mortgage company solicitor panel. Could you point me in the right direction as regards a Turvey 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 bank who carry out conveyancing in Turvey. We dont recommend any particular solicitor.