I am planning to acquire a property and require a conveyancing solicitor in Brewood who is on the Clydesdale approved. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Clydesdale in certain locations such as Brewood. We dont recommend any particular firm.
A friend informed me that in buying a property in Brewood there may be various restrictions as to what one can do in terms of external alterations to the property. Is this right?
There are a number of properties in Brewood which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Brewood should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am the single beneficiary of my late grandmother’s estate with all property in now in my sole name, including the my former home in Brewood. Conveyancing formalities meant that the Land Registry date was in October. I plan to dispose of the property. I understand that there is a Mortgage Lenders six month 'rule', which means that my proprietorship may be regarded the same way as if I'd bought the property in October. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be caught by that. How sensible a view lenders take of it, depend on the mortgage company as this requirement is principally there to pick up on subsales or the wholesaling and assigning of property.
I am expecting a DIP from Santander this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Santander recommend any Brewood solicitors on the Santander conveyancing panel, or is it better to go independently?
You will need to appoint Brewood solicitors independently although you'll need to choose one on the Santander conveyancing panel. The solicitor represents both you and Santander through the process.
Me and my brother have a terraced Georgian property in Brewood. Conveyancing practitioner acted for me and Nottingham Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold with the exact same property. I'd like to know for sure, how can I find out??
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Brewood and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with your conveyancing practitioner who carried out the work.
I am purchasing my first flat in Brewood with a loan from Yorkshire Building Society. The builders would not budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative advised me not inform my solicitor about this extras as it could adversely affect my mortgage with the bank. Is this normal?.
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.
Due to the guidance of my in-laws I had a survey completed on a property in Brewood in advance of appointing lawyers. I have been told that there is a flying freehold element to the property. My surveyor advised that some banks may not issue a loan on a flying freehold premises.
It varies from the lender to lender. HSBC has different requirements for example to Halifax. If you contact us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Brewood. Conveyancing may be slightly more expensive based on your lender's requirements.
My husband and I are FTB’s - agreed a price, but the property agent told us that the vendor will only issue a contract if we instruct their recommended conveyancers as they are insisting on an ‘expedited deal’. We would rather use a high street solicitor accustomed to conveyancing in Brewood
It is unlikely the owners are behind this. Should the owner desire ‘a quick sale', alienating a genuine buyer is going to damage their objectives. Contact the sellers directly and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are unencumbered (d) you intend to proceed fast (e)but you will continue to instruct your own,trusted Brewood conveyancing firm - as opposed tothose that will give their negotiator at the agency a commission or meet his conveyancing figures demanded by HQ.