We are buying a victorian detached house in Colerne. The intention is to carry out an extension to the side at the property.Will the conveyancing process include investigations to determine if these works are allowed?
Your solicitor will review the deeds as conveyancing in Colerne can sometimes reveal restrictions in the title deeds which prohibit certain alterations or necessitated the consent of a 3rd party. Many additions call for local authority planning consent and approval under the building regulations. Certain areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these things with a surveyor ahead of any purchase.
We previously selected conveyancing lawyers located in Colerne on the Virgin Money solicitor panel. They are now charging me a supplemental sum for dealing with the Virgin Money mortgage. Is this an additional conveyancing fee set by Virgin Money?
Provided it is contained in their Terms and Conditions or estimate then yes your conveyancer may levy a fee for this. The charge is not dictated by Virgin Money but by your Colerne property lawyer. Plenty of firms on the Virgin Money panel will quote an ‘acting for lender’ fee and others do not.
I am currently in the process of buying my council flat in Colerne. I have a mortgage offer with Leeds Building Society. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Leeds Building Society, you will need to appoint a solicitor on the Leeds Building Society conveyancing panel.
We are downsizing from our house in Colerne and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. A local conveyancer would know this is not the case. For the life of me I don't know why the buyers used a national conveyancing outfit as opposed to a conveyancing solicitor in Colerne. We have lived in Colerne for many years we know of no issue. Is it a good idea to contact our local Authority to obtain confirmation that there is no issue.
It would appear that you have a conveyancing solicitor already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I am purchasing my first flat in Colerne benefiting from help to buy. The sellers would not reduce the amount so I negotiated £7000 of additionals instead. The property agent advised me not reveal to my conveyancer about this deal as it could jeopardize my mortgage with the lender. Is this normal?.
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 Colerne before instructing lawyers. I have been told that there is a flying freehold aspect to the house. Our surveyor has said that some lenders may refuse to issue a mortgage on a flying freehold property.
It varies from the lender to lender. Santander has different requirements for example to Halifax. Should you wish to call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Colerne. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Colerne to see if the conveyancing will be more expensive.
In sourcing the web for the phrase conveyancing in Colerne it brings up numerous property lawyersin the area. With so much choice what is the best way to find the right solicitor for the sale of my house?
The best way of choosing a suitable conveyancer is through a trusted referral, so ask colleagues and family who have acquired a property in Colerne or the respected estate agent or mortgage broker. Charges for conveyancing in Colerne vary, so it's a good idea to request at least four quotes from different solicitors. Be sure to obtain confirmation what costs in the quote includes.
I am buying a garden apartment in Colerne. Conveyancing solicitor has been waiting for, from the vendor, building insurance paperwork. This afternoon I was advised that the owner needs to send the insurance schedule for the flat above in addition. Why does my conveyancing practitioner need to check the insurance for the flat above? Is it strictly required? We have been stalled for the last fortnight…
It is not impossible in leasehold conveyancing in Colerne to discover Conveyancing in Colerne in a minority of cases reveals that the lease provides for the leasehold owners to insure their individual flats as opposed to the freeholder insuring the whole property - which is clearly better. You should contact your lawyer but it would appear that your lawyer is seeking to establish that the complete building is insured. Insuring a ground floor flat is no help when it comes to rebuilding after a fire if the 1st floor cannot be rebuilt as a result of lack of insurance.