At what point does exchange of contracts take place for domestic conveyancing in Bishops Castle and am I required to attend the solicitors office?

If you are local to our conveyancing solicitors in Bishops Castle you are welcome to come in to sign contracts. However, the lender approved solicitors we work with offer countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when communicating with you digitally. The executing of the contract is not when everything is set in stone. Signing on the dotted line is just a prerequisite for the firm to officially exchange at the suitable time, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Bishops Castle)to be in the office available at the end of the phone to exchange contracts.

I'm purchasing my first flat in Bishops Castle benefiting from help to buy. The developers would not move on the price so I negotiated five thousand pounds worth of extras instead. The house builders rep told me not inform my conveyancer about this extras as it would adversely affect my loan 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 was pointed in your direction by numerous selling agents in Bishops Castle to get a quote from a conveyancer using your seach tool. What’s the financial inducement for Estate Agents to promote your services over and above alternative conveyancing organisations?

We refuse to give any commission for sending work to this site. We thought it would be too underhand to pay a commission as a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.