At what point will exchange of contracts take place for residential conveyancing in Battle and am I required to attend the conveyancers office?
Where you are local to our conveyancing solicitors in Battle you are invited in to sign contracts. However, the firms we work with offer a countrywide conveyancing service and provide as equally diligent and professional a job for you when dealing with you digitally. The signing of the purchase agreement is not the critical part. A signed contract is just a prerequisite for the solicitor to officially exchange at the appropriate time, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Battle)to be in the office at the appropriate time.
My house in Battle is up for sale and I have a buyer. Will my conveyancing practitioner need to be on the Santander conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Santander conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently currently.
I'm buying my first flat in Battle with the aid of help to buy. The sellers would not reduce the price so I negotiated £7000 of extras instead. The estate agent suggested that I not to tell my solicitor about the deal as it will jeopardize my mortgage with the lender. 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.
I opted to have a survey completed on a house in Battle before appointing solicitors. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some banks will refuse to give a mortgage on such a home.
It depends who your proposed lender is. Lloyds has different instructions from Nationwide. Should you wish to telephone us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Battle. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Battle to see if the conveyancing will be more expensive.
How do I search for a Battle conveyancing solicitor on the lender conveyancing panel? I have a car and am prepared to travel up to 20kilometers to attend the lawyer.
You can use the find a conveyancing panel tool on this page. Please choose the lender and your location, in this case Battle and you will see a number of lawyer located nearest Battle. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the bank solicitor panel.