My wife and I are due to complete on the purchase of a property in Deal but as a result of wreckage from some water damage at the property I have was able negotiate reparation from the vendor in the sum of £3k taking the form of a reduction in the price. I had intended this to be addressed as part of amending the contract yet Lloyds are not allowing this. Should they have been notified?
The conveyancer being on a Lloyds conveyancing panel is obliged to disclose to Lloyds of any variations to the purchase price. If you prohibit your lawyer to disclose the reduction to Lloyds then they would have to discontinue acting for you. In addition, Lloyds and you would have to appoint a new solicitor for your conveyancing in Deal.
Can your site be used to locate a Conveyancing solicitor in Deal even where I’m not purchasing or disposing of a house, for example where I wish to buy an office in Deal with a loan from Alliance & Leicester ?
Our search tool is mainly there to locate residential conveyancing solicitors in Deal but we have set out towards the end of this page a few Deal commercial conveyancing firms. You should make contact with the company directly to check if they can also act for Alliance & Leicester
I am downsizing from our house in Deal and according to the buyers it appears that there is a risk of it being built on contaminated land. Any local lawyer would know that there is no such problem. It does beg the question why the buyers instructed an online conveyancing practice rather than a conveyancing solicitor in Deal. Having lived in Deal for 5 years we know of no issue. Do we contact our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. Are they able to advise? You should 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 own a 4 bedroom Edwardian property in Deal. Conveyancing practitioner represented me and Bank of Ireland. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold under the exact same property. Is it worth asking Bank of Ireland to clarify?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Deal and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with the conveyancing practitioner who carried out the work.
I am purchasing a new build house in Deal with a mortgage from Barclays . The sellers refused to reduce the amount so I negotiated £7000 of fixtures and fittings instead. The sale representative suggested that I not inform my conveyancer about this extras as it could jeopardize my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder 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.
How and when do I pay the Stamp Duty Land Tax due for my purchase in Deal?
The majority of property lawyers tend to complete a Land Transaction Return Form on your behalf as part of your Deal conveyancing transaction for you to sign. After completion your lawyer will submit the STL Return Form to the Tax Authorities and - as long as they have the money - settle any Stamp Duty due for you.