At what point can the exchange of contracts happen for domestic conveyancing in Chatteris and am I required to be at the solicitors office?
Where you are near to one of the conveyancing solicitors in Chatteris you are invited in to sign the paperwork. That being said, the lender approved solicitors we recommend offer a national conveyancing service and give as equally comprehensive and professional a job for you when dealing with you by post or email. The executing of the contract is not the point of no return. A signed contract is just a prerequisite for the firm to officially exchange when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Chatteris)to be in the office at the appropriate time.
Are there restrictive covenants that are commonly picked up during conveyancing in Chatteris?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Chatteris. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am buying a new build house in Chatteris benefiting from help to buy. The developers would not budge the amount so I negotiated five thousand pounds worth of extras instead. The house builders rep suggested that I not inform my solicitor about the side-deal as it would put at risk my mortgage with Santander. Do I keep my lawyer in the dark?.
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.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a straight forward, no chain conveyancing. Chatteris is where the house is located. Can you shed any light on this issue?
Flying freeholds in Chatteris are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Chatteris you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chatteris 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.
I need to find a conveyancing solicitor for some conveyancing in Chatteris. I happened to land on a site which seems to have the ideal offering If it is possible to get all this stuff done via phone that would be preferable. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
What advice can you give us when it comes to choosing a Chatteris conveyancing firm to deal with our lease extension?
If you are instructing a property lawyer for lease extension works (regardless if they are a Chatteris conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of work. We recommend that you make enquires with two or three firms including non Chatteris conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be useful:
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How experienced is the practice with lease extension legislation? What are the costs for lease extension conveyancing?
Chatteris Leasehold Conveyancing - A selection of Queries Prior to Purchasing
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In the main the cost for major works are not wrapped into the maintenance charges, albeit that a few managing agents in Chatteris require leaseholders to pay into a reserve fund and this is used to offset against larger works. What prohibitions are contained in the Chatteris Lease?