Completed the sale of my flat in Cuckfield last March yet the purchaser is telephoning daily complaining that his conveyancer needs to hear from mylawyer. What should have happened now that I have sold?
Post completion of your disposal your solicitor should forward the transfer documentation and all supplemental paperwork to the buyer’s conveyancer. If applicable, your solicitor should also send confirmation that the legal charge in favour of the lender has been paid off to the buyers conveyancers. There is unlikely to be post completion formalities unique to conveyancing in Cuckfield.
My wife and I are downsizing from our property in Cuckfield and according to the buyers it appears that there is a risk of it being built on contaminated land. Any local conveyancer would know this is not the case. For the life of me I don't know why the buyers instructed an online conveyancing outfit rather than a conveyancing solicitor in Cuckfield. We have lived in Cuckfield for three years we know of no issue. Is it a good idea to get in touch with our local Authority to get confirmation that the buyers are looking for.
It would appear that you have a conveyancing solicitor currently acting for you. 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 life insurance to cover that same illness)
I acquired my apartment on 5 January and my personal details are still not registered. Need I be worried? My conveyancing solicitor in Cuckfield said it will be formalised in less than a month. Are properties in Cuckfield particularly slow to register?
There is nothing unique when it comes to conveyancing in Cuckfield registration formalities. As opposed to being determined by geographic area, timeframes can adjust subject to who lodges the application, whether it is in order and if the Land registry communicate with any other parties. As of today approximately three quarters of such applications are fully dealt with within two weeks but occasionally there can be extensive hold-ups. Historically registration is effected after the buyer has moved in to the premises so an expedited registration is not typically top priority but if it is urgent that the the registration takes place urgently then you or your lawyers can communicate with the Registry to express the reasoning for an expedited registration.
I'm purchasing my first flat in Cuckfield benefiting from help to buy. The developers refused to budge the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent suggested that I not inform my solicitor about the extras as it could put at risk my loan with the lender. 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 input of my in-laws I had a survey completed on a house in Cuckfield prior to instructing conveyancers. I have been informed that there is a flying freehold element to the property. My surveyor advised that some banks may not issue a mortgage on a flying freehold home.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. Should you wish to call us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Cuckfield. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Cuckfield to see if the conveyancing costs will increase in light of this.
We are soon to exchange buying a house in Cuckfield but as a consequence of wreckage from the recent storms I have negotiated compensation from the vendor of £2k by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company will not agree to this. Should they have been approached?
The conveyancing practitioner listed on the bank conveyancing panel is obliged to inform the bank of any amendments to the purchase amount. In the event that you did not allow your conveyancing practitioner to notify the price change to your mortgage company then they would have no choice but to discontinue acting for you and the bank.