It is is a decade since I purchased my property in Clifton. Conveyancing solicitors have now been appointed on the sale but I can't find my deeds. Is this a problem?
Don’t worry too much. First the deeds may be with your lender or they may still be with the solicitor who acted in your purchase. Secondly the likelihood is that the property will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors procuring up to date copy of the land registers. Most conveyancing in Clifton involves registered property but in the unlikely event that your property is not registered it is more tricky but is not insurmountable.
I am purchasing a garden flat in Clifton. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Clifton you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Clifton.
It has been three months following my purchase conveyancing in Clifton completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am buying a new build house in Clifton with a loan from Godiva Mortgages Ltd. The builders would not move on the amount so I negotiated 6k of fixtures and fittings instead. The house builders rep told me not to tell my lawyer about the side-deal as it may adversely affect my mortgage with the bank. 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.
I opted to have a survey carried out on a property in Clifton in advance of instructing lawyers. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some lenders tend not grant a loan on such a home.
It varies from the lender to lender. Santander has different instructions from Birmingham Midshires. Should you wish to call 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 Clifton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Clifton to see if the conveyancing costs will increase in light of this.
My mother completed her conveyancing in Clifton in 2007. She has since got married, widowed and in recent months got remarried. She wishes to sell the house in a few months. I suspect that she will just be asked to provide a copy of her marriage certificates to the conveyancing practitioner but she is worried it could delay the sale of the house. Should she appoint a conveyancing practitioner to update the Land Registry documents for the house?
It is not absolutely necessary to bring up to date the register providing you have the proof required to demonstrate how the name change has come about.
Any purchaser’s lawyer should examine the land registry entries and request evidence by way of proof of the change of name for instance marriage certificates.