What does a local search reveal about the property my wife and I purchasing in Eaton Bray?
Eaton Bray conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search company for instance Xpress Legal The local search plays a central role in many a Eaton Bray conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your new home. The search should provide information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
Are there restrictive covenants that are commonly identified during conveyancing in Eaton Bray?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Eaton Bray. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am purchasing my first flat in Eaton Bray benefiting from help to buy. The developers would not reduce the price so I negotiated 6k of fixtures and fittings instead. The property agent advised me not to tell my conveyancer about this side-deal as it would affect my mortgage with Chelsea Building Society. 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.
I was pointed in your direction by a couple of local estate agents in Eaton Bray to select a solicitor on your site. What’s the financial upside for Estate Agents to promote your lawyers rather than a competitor’s?
We refuse to offer any referral fee for sending work to this site. We found it would be just too difficult to pay a commission because members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
We're novice buyers - had an offer accepted, yet the agent told us that the owners will only proceed if we instruct their recommended lawyers as they are insisting on a ‘quick sale’. We would rather use a local solicitor who is familiar with conveyancing in Eaton Bray
We suspect that the owner is unaware of this request. If they want ‘a quick sale', turning down a genuine purchaser is going to damage their objectives. Contact the vendors directly and make the point that (a)you are motivated buyers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you intend to use your preferred Eaton Bray conveyancing firm - rather thanthose that will earn their estate agent a introducer fee or achieve conveyancing figures set by corporate headquarters.
I am in need of some leasehold conveyancing in Eaton Bray. Before I set the wheels in motion I want to be sure as to the remaining lease term.
If the lease is registered - and almost all are in Eaton Bray - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Eaton Bray Leasehold Conveyancing - A selection of Queries Prior to Purchasing
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Does the lease include onerous restrictions? Make sure you enquire if there is anything that is prohibited in the lease. For instance it is reasonably common in Eaton Bray leases that pets are not allowed in in a block in Eaton Bray. If you love the flatin Eaton Bray however your dog is not allowed to move with you then you have a very difficult decision. It is important to be aware whether window replacement or some other major work is due in the foreseeable future that will be shared by the tenants and could well dramatically increase the the service charges or require a specific payment.