Are the BSA planning on creating a searchable register to list practices on the conveyancing panel for instance in Blackheath?
We would not expect to be advised of any plans on the part of the BSA to promote such a search facility.
I'm buying a new build house in Blackheath benefiting from help to buy. The sellers refused to reduce the amount so I negotiated 6k of extras instead. The property agent suggested that I not to tell my solicitor about this deal as it may adversely affect my mortgage with . 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.
I need to instruct a conveyancing solicitor for purchase conveyancing in Blackheath. I have discover a site which looks to be the ideal solution If there is a chance to get all the legals done via web that would be preferable. Should I 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?