I am need of leasehold conveyancing for a flat in a fairly new development (6 years built) in Chichester. The vast majority the flats have already been occupied. Is it strictly necessary to order conveyancing searches for my conveyancing in Chichester?
A big part of the Chichester legal transfer of property is the conveyancing searches. There are numerous search providers who offer Chichester conveyancing searches, as well direct from the local authority. These are generally termed personal search companies and they produce, not surprisingly, personal searches. However, all Local Authority Search conveyancing products have one thing in common - they must secure their data from the local authoritative source.
We wanted to use a conveyancing solicitor in Chichester for our house purchase. Our broker informed us that our mortgage lenders Virgin Money won't deal with them. Why is this not regarded as unduly restrictive?
A lender may require a panel solicitor act for it. You would be expected to meet the charges for this. Do use our tool to find a solicitor to conduct conveyancing in Chichester on the Virgin Money member panel.
Various web forums that I have come across warn that are a common cause of stalling in Chichester conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not figure within the common causes of hindrances in the conveyancing process. Searches are unlikely to feature in any slowing down conveyancing in Chichester.
I'm buying a new build house in Chichester with a loan from Chelsea Building Society. The builders refused to budge the price so I negotiated £7000 of fixtures and fittings instead. The house builders rep advised me not inform my conveyancer about this deal as it may jeopardize my loan with Chelsea Building Society. Do I keep my lawyer in the dark?.
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.
Due to the advice of my in-laws I had a survey completed on a house in Chichester ahead of appointing solicitors. I have been informed that there is a flying freehold element to the house. My surveyor advised that some mortgage companies may refuse to give a mortgage on this type of property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. If you e-mail us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Chichester. Conveyancing will be smoother if you use a solicitor in Chichester especially if they regularly deal with such properties in Chichester.
Given that I will soon spend 450k on a garden flat in Chichester I wish to have a conversation with the conveyancer regarding thetransaction before appointing the firm. Can this be arranged?
This is something that we recommend - we would be delighted to talk to you we do not take any clients on without you speaking to the conveyancer who will be doing your conveyancing in Chichester.There is no ‘factory style conveyancing’ - each client is unique person, not a file number. The law firms that we put you in touch with believe that the figure you are provided with for your conveyancing in Chichester should be the figure that you are charged.