Having been referred to your organisation we were about to go ahead with a conveyancing solicitor in Haywards Heath recommended using your search tool but stumbled across some other quotes on the internet look less pricey – why is this?
You can find plenty of solicitors promoting so-called £99 conveyancing, yet more often than not extracosts result in the completion invoice being inflated. In accordance with regulatory requirements charges listed in terms of business should be fair and reasonable invoiced The solicitors that we list for conveyancing in Haywards Heath specify all costs for the property you plan topurchase.
We are getting closer to an exchange on a flat in Haywards Heath and my parents have sent the 10% deposit to my solicitor. I am now told that as the deposit has not come from me my lawyer needs to make a notification to my lender. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I disclosed to the mortgage company about my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?
The property lawyer is duty bound to check with mortgage company to make sure that they understand that the balance of the purchase price is not from your own funds. The solicitor can only report this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
I purchased a freehold house in Haywards Heath but nevertheless pay rent, why is this and what is this?
It is rare for properties in Haywards Heath and has limited impact for conveyancing in Haywards Heath but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
What can a local search tell me regarding the property my wife and I purchasing in Haywards Heath?
Haywards Heath conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search company such as PSG The local search is essential in every Haywards Heath conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your property. The search should supply data on, amongst other things, details on planning applications applicable to the property (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 subject headings.
Despite weeks of looking the Title Certificate and documents to our home can not be found. The solicitors who dealt with the conveyancing in Haywards Heath 5 years ago have long since closed. What do I do?
Gone are the days when you need to hold title original deeds to establish that you are the owner of your registered land or property, as the Land Registry hold details of all registered land or property electronically.
I'm purchasing a new build house in Haywards Heath with the aid of help to buy. The developers refused to reduce the price so I negotiated £7000 of fixtures and fittings instead. The house builders rep suggested that I not to tell my conveyancer about the side-deal as it would impact my loan with the bank. 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.