Do conveyancers request an advanced payment when it comes to conveyancing in Greystones?
Where you are retaining lawyers for conveyancing in Greystones your solicitor will ask you put them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any deposit is payable against the total price then this will be required immediately in advance of contracts are exchanged. Any further balance that is needed should be sent to your lawyer shortly before completion.
Is it necessary to take out insurance to address the risk of chancel repairs when acquiring a house in Greystones?
Unless a previous acquisition of the house completed after 12 October 2013 you can expect conveyancing practitioners carrying out conveyancing in Greystones to continue to propose a a chancel search and or chancel repair liability insurance.
It has been 4 months since my purchase conveyancing in Greystones took place. I have checked the Land Registry website which shows that I paid £175,000 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 asset 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 am purchasing my first flat in Greystones with a loan from Bank of Ireland. The sellers would not budge the price so I negotiated £7000 of additionals instead. The sale representative advised me not to tell my solicitor about the deal as it may impact my mortgage with the bank. 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 advice of my in-laws I had a survey completed on a property in Greystones before appointing solicitors. I have been informed that there is a flying freehold element to the property. My surveyor advised that some banks may not give a mortgage on this type of property.
It varies from the lender to lender. Santander has different instructions from Halifax. Should you wish to call us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Greystones. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Greystones to see if the conveyancing will be more expensive.
What is the average conveyancing fee for conveyancing in Greystones?
The average fee in 2014 for conveyancing in Greystones was just under one thousand five hundred pounds not including Stamp Duty and Land Registry fees.