My partner and I are acquiring our first house. Our conveyancer has texted usto check if we wish to purchase extra conveyancing searches. Frankly we are clueless as to what's needed for conveyancing in Easthampstead
The extent of Easthampstead conveyancing searches should be dictated primarily on the property, the location, the probability of any of these risks, your knowledge of the region and risks, your general appetite to risk. What is important is that you properly comprehend what information each search could give you. Then you can decide if you personally think you need that information. Should you be unsure, ask your lawyer to explain.
is it true that all Easthampstead solicitors on the RBS conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the RBS conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. The majority of banks do list licenced conveyancers on their panel in which case such organisation would be regulated by the Council of Licensed Conveyancers.
My offer was accepted on a house in Easthampstead on 16/4/2025, valuation was booked five days after, all came back fine. Conveyancer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to RBS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the RBS conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for RBS to deal with your lawyer's application to be on the RBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
Our sealed bid on a detached house in Easthampstead has been agreed to, but there is a chain. The vendors have placed an offer on a flat, however it’s not yet tied up, and are looking at other properties booked. I have instructed a nearby conveyancing solicitor in Easthampstead. What should be my next step? At what stage do I apply for the mortgage with Bank of Ireland?
It is usual to have concerns where there is a chain as you are unlikely to want to incur expenses prematurely (mortgage application is approx one thousand pounds, then survey, Easthampstead conveyancing search costs, etc). First, you must check that your lawyer is on the Bank of Ireland approved list. Regarding the subsequent stages this very much dictated by the uniqueness of your case, motivation for the property and on the state of the market. During a hot market some purchasers will apply for the mortgage with Bank of Ireland and arrange for the valuation and only if it comes back ok would they pay their property lawyer to press on with the conveyancing in Easthampstead.
My friend recommended that if I am buying in Easthampstead I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes included in the estimate for your Easthampstead conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Easthampstead around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Easthampstead Education with maps and statistics, Local Amenities and other useful data concerning Easthampstead.
three months have elapsed following my purchase conveyancing in Easthampstead concluded. 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 residence 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 purchasing my first flat in Easthampstead with the aid of help to buy. The sellers refused to reduce the amount so I negotiated 6k of additionals instead. The estate agent suggested that I not reveal to my solicitor about the deal as it will put at risk my loan with the lender. 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.
Due to the advice of my in-laws I had a survey completed on a property in Easthampstead ahead of appointing solicitors. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some lenders may not grant a loan on such a premises.
It varies from the lender to lender. HSBC has different requirements from Halifax. Should you wish to call us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Easthampstead. Conveyancing will be smoother if you use a solicitor in Easthampstead especially if they are accustomed to such properties in Easthampstead.