We are selling our home in Harwich and according to the buyers it appears that there is a risk of it being constructed on contaminated land. A local conveyancer would know that there is no such problem. It does beg the question why the buyers used a factory type conveyancing practice as opposed to a conveyancing solicitor in Harwich. We have lived in Harwich for six years we know that this is a non issue. Is it a good idea to contact our local Authority to obtain clarification that the buyers are looking for.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You need to 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 health insurance to cover that same ailment)
It has been four months since my purchase conveyancing in Harwich completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. 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 buying a new build house in Harwich with a loan from Barclays . The sellers would not move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative told me not inform my lawyer about the side-deal as it could put at risk my mortgage with the bank. 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.
Over the last few months I have been searching for a flat up to £245,000 and identified one close by in Harwich I like with amenity areas and transport links in the vicinity, the downside is that it only has 51 years on the lease. There is not much else in Harwich for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a home loan the remaining unexpired lease term will be an issue. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least twenty four months you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.
Looking forward to exchange soon on a studio apartment in Harwich. Conveyancing lawyers have said that they will have a report out to me on Monday. What should I be looking out for?
Your report on title for your leasehold conveyancing in Harwich should include some of the following:
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The physical ownership of the demise. This could be the apartment itself but may include a attic or basement if appropriate. Specifying your legal entitlements in respect of the communal areas in the building.For example, does the lease provide for a right of way over a path or hallways? Details of the parties to the lease, for example these could be the tennant, superior lessor, landlord Where does the liability rest to repair and maintain the building. It is essential for you to know who is duty bound to repair and maintenance of every part of the building Whether the lease restricts you from letting out the flat, or working from home
Leasehold Conveyancing in Harwich - A selection of Queries Prior to Purchasing
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How much is the ground rent and service charge? Does this lease have in excess of 82 years left? Are there any major works in the near future that will add a premium to the service charges?
I note that you have a search directory identifying law firms on the bank conveyancing panel. Do Harwich conveyancing companies pay you a commission if I appoint them for my conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Harwich.