We are buying a new build apartment in Upper Tean and my solicitor is telling me that she has to the lender to reveal incentives from the developer. I am on a tight deadline to sign contracts and I have no desire to delay matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Can I be sure that the Upper Tean conveyancing solicitor on the TSB panel is any good?
When it comes to conveyancing in Upper Tean getting recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer carrying out your transaction.
I have decided to exercise my right to buy my property in Upper Tean off the council. I have a mortgage offer with Bank of Ireland. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Bank of Ireland, you will need to appoint a solicitor on the Bank of Ireland conveyancing panel.
I am selling my flat. I had a double glazing fitted in December 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Skipton are being difficult. The Upper Tean solicitor who is on the Skipton conveyancing panel is recommending indemnity insurance as a solution but Skipton are requiring a building regulation certificate. Why do Skipton have a conveyancing panel if they don't accept advice from them?
It is probably the case that Skipton have referred the matter to their valuer. The reason why Skipton may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I have todaybeen informed that Arc property Solicitors have been shut down. They conducted my conveyancing in Upper Tean for a purchase of a leasehold apartment 10 months ago. How can I check that the property is in my name in the name of the former proprietor?
The quickest method to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Upper Tean conveyancing specialists.
I'm remortgaging my primary home to a buy to let loan with Lloyds TSB Bank and I will use the rest of the raised equity as a down payment on a second house. The location we are talking about is Upper Tean. Will your lawyers be able to act for both sets of mortgage companies and link together the conveyances?
Make use of our search tool on this page to check that the solicitors are approved by both mortgage companies. Assuming that they are your conveyancer should be able to connect the two transactions but you should talk with you solicitor and specify your expectations and needs.
I need to find a conveyancing solicitor for my conveyancing in Upper Tean. I happened to discover a web site which seems to have the ideal answer If there is a chance to get all the legals completed via phone that would be preferable. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?