We are acquiring our first house. Our has contact usto see if we want to purchase supplemental conveyancing searches. We are really unsure what's needed for conveyancing in Northwood

The range of Northwood conveyancing searches should be dictated entirely on the property, the location, the probability of any of these risks, your familiarity of the area and risks, your overall appetite to risk. What is important is that you properly appreciate what information each search could supply. You may then decide if you consider that you need that search. Where you are unsure, ask the to explain.

I am buying my first flat in Northwood with a loan from . The developers refused to budge the amount so I negotiated 6k of extras instead. The house builders rep told me not reveal to my solicitor about the side-deal as it will adversely affect my mortgage with the bank. Is this normal?.

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've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what should have been a simple, no chain conveyancing. Northwood is the location of the property. Can you shed any light on this issue?

Flying freeholds in Northwood are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Northwood you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Northwood may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

Am I right to be suspicious about brokers that I am dealing with are recommending a nationwide conveyancing firm as opposed to a local Northwood conveyancing firm?

As is the case with many professional services, often suggestions from family and friends can be worth their weight in gold. Nevertheless there are numerous parties with a vested interest in a conveyancing transaction; estate agents, mortgage brokers and banks may suggest conveyancers to use. On occasion these solicitors might be known to one of the organisations as one of the best in their field, but occasionally there exists a financial incentive behind the recommendation. You are at liberty to appoint your preferred conveyancer. Don't forget that the majority of lenders operate an approved list of law firms you have to use for the mortgage aspect of your conveyancing.

I am a fortnight into a freehold purchase having been recommend to solicitors by the local agent to do our conveyancing in Northwood. I am not happy. Could you help me find new lawyers?

A solicitor would have to be very poor to suggest replacing them. Has your mortgage offer been generated? In the event that it has you need to advise them of the new contact details and have the offer are re-issued. Your new solicitor ideally should be on the banks approved list to avoid supplemental charges and frustration. That should be your starting point. Our find a solicitor tool can assist you in finding a bank approved lawyer for your home move in Northwood