It is a dozen years since I bought my house in Bridlington. Conveyancing solicitors have now been appointed on the sale but I am unable to locate my title documents. Will this cause complications?
You need not be too concerned. Firstly there is a possibility that the deeds will be retained by the lender or they may be in the possession of the solicitor who handled the purchase. Secondly in all probability the property will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing lawyers procuring up to date copy of the land registers. Nearly all conveyancing in Bridlington involves registered property but in the rare situation where your home is unregistered it is more problematic but is not insurmountable.
I have justbecome aware that Arc property Solicitors have closed. They conducted my conveyancing in Bridlington for a purchase of a freehold house 18 months ago. How can I be sure that my home is registered correctly in the name of the previous owner?
The easiest method to see if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Bridlington conveyancing specialists.
I'm purchasing a new build house in Bridlington with the aid of help to buy. The sellers refused to reduce the amount so I negotiated 6k of additionals instead. The estate agent advised me not disclose to my conveyancer about the extras as it may put at risk my mortgage with The Royal Bank of Scotland. 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.
I'm remortgaging my primary home to a buy to let loan with TSB and intend to use the remaining equity as a down payment on another property. The area we are talking about is Bridlington. Will your solicitors be able to act for both sets of banks and link together the conveyances?
Make use of our search tool on this page to ensure that the conveyancers are on the appropriate lender panels. On the basis that they are the lawyer will be able to simultaneously deal with the two conveyancing matters but you should talk with you lawyer and communicate your desired outcome and needs.
We are four weeks into a residential purchase having been referred to a firm by the local agent to do our conveyancing in Bridlington. I am not happy. Can you help me find new conveyancers?
A lawyer would have to be really poor to suggest changing them. Has your mortgage offer been generated? If so you will need to inform them of the new contact details and have the offer are issued to the new lawyers. The solicitor ideally needs to be on the banks panel to avoid added charges and complications. So that should be your first question of the new solicitors. The find a solicitor tool should help you find a lender approved solicitor for your home move in Bridlington
When it comes to my conveyancing in Bridlington should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Bridlington conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the property lawyer's time in submitting the funds this way.