When does exchange of contracts happen for sale conveyancing in West Bridgford and am I required to attend the lawyers branch?
Where you are in close proximity to one of the conveyancing solicitors in West Bridgford you are welcome to attend to sign the paperwork. However, the lender approved solicitors we work with offer a countrywide conveyancing service and provide as equally diligent and professional a job for you when communicating with you digitally. The signing of the contract is not the point of no return. Signing on the dotted line simply enables the solicitor to address the formalities at the appropriate time, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in West Bridgford)to be in the office at the appropriate time.
Have just purchased a repossessed house at auction in West Bridgford. Conveyancing is necessary. What are my next steps?
Given that you are now exchanged you will need to appoint a conveyancing practitioner quickly as you are faced with a tight a drop dead date to complete the deal. All auction property will ordinarily have a corresponding legal set of papers. This should include evidence of title and search results. Where you are dealing with leasehold property the auction papers should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to leasehold premises. You need to pass this on to the lawyer working for you as soon as possible. Do make sure that that you have the requisite funding in order to complete the transaction on the set completion date.
I had a mortgage agreed in principle with Aldermore. West Bridgford conveyancing practitioners have been selected. How long does it take for Aldermore to forward the offer to the solicitor?
There is no definitive answer here. Have Aldermore conducted the survey? Have you informed Aldermore as to your lawyers' details and checked that your lawyers are on the Aldermore conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am expecting a DIP from TSB this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do TSB recommend any West Bridgford solicitors on the TSB conveyancing panel, or is it better to go independently?
You will need to appoint West Bridgford solicitors independently although you'll need to choose one on the TSB conveyancing panel. The solicitor represents both you and TSB through the process.
My partner and I are selling our home in West Bridgford and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. A local conveyancer would know that there is no such problem. It does beg the question why the buyers used an online conveyancing firm as opposed to a conveyancing solicitor in West Bridgford. We have lived in West Bridgford for six years we know of no issue. Should we get in touch with our local Authority to get clarification that there is no issue.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I am purchasing a new build house in West Bridgford benefiting from help to buy. The sellers would not budge the price so I negotiated £7000 of additionals instead. The sale representative suggested that I not to tell my lawyer about the deal as it will jeopardize my mortgage with the lender. Do I keep my lawyer in the dark?.
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 advised by numerous estate agents in West Bridgford to find a solicitor on your site. What’s the financial inducement for Estate Agents to promote your site rather than alternative conveyancing organisations?
We don’t offer any commission for directing people to this site. We found it would be just too difficult to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.