Would the conveyancing solicitors via your comparison service execute attended exchange conveyancing in Pitstone?
There are a few conveyancing specialists carrying out attended exchanges. You should contact us to secure a costs illustration and details as to dates.
Can you help - my lawyer says that flying freehold insurance is necessary on my purchase. What is the level of cover for Pitstone conveyancing?
The right level of flying freehold indemnity insurance should be dictated by who who your lender is. It would differ for example between HSBC Bank and Skipton Building Society. Conveyancing practitioners as opposed to members of the public take out such insurances.
How can we know in advance if a Pitstone conveyancing solicitor on the Leeds Building Society panel is any good?
When it comes to conveyancing in Pitstone getting recommendations is a good 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 advertising the lowest fees. We would always suggest that you speak with the lawyer handling your conveyancing.
TSB have agreed my home loan in principle, my offer on a apartment in Pitstone has been agreed to, now what?
The property agent will want to know who your solicitors are (be sure the property lawyers are on the bank’s approved list). Contact TSB or your financial adviser and complete any appropriate documentation. TSB will appoint a valuer who will get in touch with the selling agent or owners to arrange an appointment. Once carried out (assuming no problems) it takes on average a fortnight to get a mortgage offer. TSB will send the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Pitstone.
I have been told that property searches are a common cause of delay in Pitstone house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of a review by MoveWithUs that conveyancing searches do not feature within the top 10 causes of delays in the conveyancing process. Local searches are unlikely to feature in any holding up conveyancing in Pitstone.
I'm purchasing my first flat in Pitstone benefiting from help to buy. The builders refused to reduce the amount so I negotiated £7000 of fixtures and fittings instead. The sale representative told me not inform my conveyancer about the extras as it could adversely affect my loan 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'm refinancing my primary home to a BTL loan with Platform Home Loans Ltd and intend to use the remaining equity as a deposit on a second house. The location we are looking at is Pitstone. Will your conveyancers be able to act for both sets of banks and tie in the transactions?
Do use our comparison tool on this page to ensure that the lawyers are on the relevant lender panels. On the basis that they are the lawyer should be able to simultaneously deal with the two deals but you should talk with you solicitor and make apparent your desired outcome and needs.