I have a decision in principle. The lender mentioned the loan came with free conveyancing. Is the implication that I have to instruct their panel solicitor as I would prefer to appoint a Wooburn Green based conveyancing firm?
You should check but the chances are that appoint one of their panel lawyers should you accept the "fee-free" incentive. Call the bank to check if they offer you a monetary alternative. Some lenders have previously offered a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor in Wooburn Green.
We are downsizing from our house in Wooburn Green and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A local conveyancer would know that there is no such problem. It does beg the question why the purchasers used an internet conveyancing practice rather than a conveyancing solicitor in Wooburn Green. We have lived in Wooburn Green for 5 years we know of no issue. Is it a good idea to get in touch with our local Authority to obtain clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You should 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 health insurance to cover that same ailment)
I'm buying a new build house in Wooburn Green with the aid of help to buy. The developers would not reduce the price so I negotiated five thousand pounds worth of extras instead. The estate agent suggested that I not to tell my conveyancer about the side-deal as it will affect my loan with the bank. Should I keep quiet?.
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.
We're novice buyers - had an offer accepted, yet the estate agent informed us that the owners will only proceed if we appoint the agent's preferred solicitors as they need an ‘expedited deal’. My instinct tells me that we should use a family solicitor accustomed to conveyancing in Wooburn Green
We suspect that the owner is not behind this request. Should the owner require ‘a quick sale', alienating a serious buyer is is going to put the whole deal at risk. Speak to the vendors direct and explain that (a)you are serious purchasers (b)you are ready to go, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you are going to instruct your preferred Wooburn Green conveyancing solicitors - not the ones that will provide their estate agent a commission or achieve conveyancing thresholds demanded by head office.
Are Wooburn Green conveyancing solicitors under an obligation to the Law Society to issue clear conveyancing costs?
Contained within the Solicitors Code of Conduct are set rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their charges to clients.The Law Society have a practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not to be regarded as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, nevertheless, represent the Law Society’s view of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Wooburn Green or across England and Wales.