I have been told that property searches are the number one reason for obstruction in Upminster Bridge conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of hindrances in the conveyancing process. Searches are unlikely to be the root cause of slowing down conveyancing in Upminster Bridge.
Are there restrictive covenants that are commonly identified during conveyancing in Upminster Bridge?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Upminster Bridge. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm buying a new build house in Upminster Bridge with a mortgage from Barclays . The developers refused to budge the price so I negotiated £7000 of additionals instead. The property agent advised me not to tell my lawyer about the deal as it may impact my mortgage with the lender. 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.
I have been recommended by a few selling agents in Upminster Bridge to choose a property lawyer on your site. Is there a financial inducement for Estate Agents to promote your site over another?
We don’t offer any referral fee for directing people to this site. We thought it would be too underhand a fee as a client could think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I am looking for a conveyancing practitioner in Upminster Bridge for my house move. Can I see a solicitor's complaints history with the legal regulator?
One can see documented Solicitor Regulator Association (SRA) determinations stemming from investigations from 2008 onwards. Visit Check a solicitor's record. For information Pre 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The regulator could monitor telephone calls for training purposes.