My IFA has asked me for my Dartmouth law firm’s panel member for the Nationwide conveyancing panel. Can you suggest how I obtain this. I have called my local Dartmouth branch but they have not responded to me.
Have you tried contacting your Dartmouth conveyancing practitioner about this?. They should have a central record lender panel numbers.
Will my solicitor be raising enquiries regarding flooding as part of the conveyancing in Dartmouth.
The risk of flooding is if increasing concern for lawyers dealing with homes in Dartmouth. There are those who buy a property in Dartmouth, fully aware that at some time, it may suffer from flooding. However, aside from the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory insurance cover, or dispose of the premises. Steps can be carried out during the course of a property purchase to forewarn the buyer.
Solicitors are not qualified to give advice on flood risk, but there are a various searches that may be undertaken by the purchaser or by their conveyancers which should figure out the risks in Dartmouth. The conventional set of completed inquiry forms sent to a buyer’s conveyancer (where the Conveyancing Protocol is adopted) incorporates a standard question of the vendor to discover whether the property has suffered from flooding. In the event that the residence has been flooded in past which is not revealed by the owner, then a purchaser could bring a claim for damages resulting from an inaccurate answer. The buyer’s conveyancers may also conduct an enviro report. This should indicate whether there is any known flood risk. If so, further investigations should be made.
It has been three months since my purchase conveyancing in Dartmouth completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. 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'm buying a new build house in Dartmouth with a loan from Halifax. The developers would not move on the price so I negotiated 6k of extras instead. The estate agent suggested that I not reveal to my solicitor about the side-deal as it would affect my loan with Halifax. Should I keep quiet?.
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.
Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Dartmouth is where the house is located. Can you shed any light on this issue?
Flying freeholds in Dartmouth are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Dartmouth you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Dartmouth 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.
What does commercial conveyancing in Dartmouth cover?
Dartmouth conveyancing for business premises incorporates a broad array of guidance, supplied by regulated solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.