I have given 8 weeks notice to my current landlord and must vacate my let out flat in Grove by the end of next month. Conveyancing for my house purchase has just started. Can I complete in 5 weeks as don't want to have to find temporary accommodation?
It is unwise to give notice on a rental until you have exchanged. If you have not already done so, speak to your conveyancer and ask them to they apply pressure on the sellers lawyers, try to an agreed time frame that everyone will look towards
It has been 4 months following my purchase conveyancing in Grove completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. 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 my first flat in Grove with a loan from National Westminster Bank. The developers would not move on the price so I negotiated 6k of fixtures and fittings instead. The estate agent advised me not inform my lawyer about the side-deal as it will affect my loan with the lender. Is this normal?.
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.
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a simple, chain free conveyancing. Grove is the location of the property. Can you offer any guidance?
Flying freeholds in Grove are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Grove you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Grove may decide 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 premises.
Hoping to buy a property located in Grove and I am already nervous. I couldn't find anything specific about Grove. Conveyancing will be needed in due course but do you know about the Grove area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Grove. In the meantime here are some basic statistics that we found
The solicitors handling our conveyancing in Grove has sent papers to review that state the property is unregistered with epitome documents. Surely all property in Grove are registered?
It is unusual for premises in Grove not to be registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Plenty of Grove conveyancing solicitors should be familiar with this type of conveyancing but where uncertainty reigns the conventional recommendation presently is for the current owners to register the title first and thereafter deal with the dispose of the property to the purchaser - this this chain of events will cause a significant delay.