We are selling our home in Ascot and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. Any high street Ascot lawyer would know that there is no such problem. For the life of me I don't know why the buyers are using a factory type conveyancing firm rather than a conveyancing solicitor in Ascot. We have lived in Ascot for 5 years we know that this is a non issue. Do we contact our local Authority to obtain confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing firm already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
Just acquired a terraced house in Ascot , how long should it take for the Land Registry to deal with the formalities evidencing my ownership? My Ascot conveyancing solicitor works at snail pace, so I want to be certain that my ownership is registered.
As far as conveyancing in Ascot registration is no faster or slower than anywhere else in the country. Rather than based on location, timescales can vary according to the party submitting the application, whether it is in order and if the Land registry must send notices to any third parties. At present approximately 80% of submission are fully dealt with in less than three weeks but occasionally there can be extensive hold-ups. Registration takes place once the buyer has moved in to the property so post completion formalities is not always primary concern yet if there is a degree of urgency associated with the registration then you or your conveyancer could contact the land registry and explain the circumstances.
I'm purchasing my first flat in Ascot benefiting from help to buy. The developers would not reduce the price so I negotiated five thousand pounds worth of extras instead. The property agent suggested that I not disclose to my solicitor about this deal as it would put at risk my loan with Clydesdale. 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 UK Finance website. UK Finance 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.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a simple, chain free conveyancing. Ascot is the location of the property. Can you offer any guidance?
Flying freeholds in Ascot are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Ascot you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ascot may decide 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 residence.
Hoping to buy a property located in Ascot and I am already nervous. I couldn't find anything specific about Ascot. Conveyancing will be needed in due course but do you know about the Ascot area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Ascot. In the meantime here are some basic statistics that we found
I have chosen a Ascot conveyancing solicitor for our house purchase (first time buyers) and have noticed in the engagement letter that they are not regulated by the FCA. Should I be worried or is that usually the case with solicitor?
We can't see why they should be. Most conveyancer don't lend money. They will be governed by the SRA, who dictate strict conditions covering monies deposited in their bank.