I am purchasing a property and the conveyancer has identified Chancel Repair to which the house may be obligated to contribute to because it falls into the area of such a church. She has recommended insurance. Is this really necessary for conveyancing in Henlow
Unless a prior purchase of the house completed post 12 October 2013 you may expect solicitors handling conveyancing in Henlow to continue to propose a a chancel search and or insurance against a claim.
It has been three months following my purchase conveyancing in Henlow completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. 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 a new build house in Henlow benefiting from help to buy. The sellers refused to budge the price so I negotiated 6k of fixtures and fittings instead. The estate agent advised me not disclose to my solicitor about this deal as it would put at risk my mortgage with the lender. Should I keep quiet?.
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 Henlow ahead of instructing solicitors. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies will refuse to issue a mortgage on this type of property.
It depends who your proposed lender is. HSBC has different requirements for example to Nationwide. If you contact us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Henlow. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Henlow to see if the conveyancing will be more expensive.
I am looking into buying my first house which is in Henlow and I am already nervous. I couldn't find anything specific about Henlow. Conveyancing will be needed in due course but do you know about the Henlow area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Henlow. In the meantime here are some basic statistics that we found
We're novice buyers - agreed a price, yet the agent has warned us that the owners will only move forward if we appoint their recommended lawyers as they are insisting on an ‘expedited deal’. We would rather use a high street solicitor accustomed to conveyancing in Henlow
We suspect that the owner is unaware of this demand. Should the owner desire ‘a quick sale', turning down a serious purchaser is not the way to achieve this. Speak to the vendors direct and make sure they understand (a)you are keen to buy (b)you are ready to progress, with finances in place © you do not need to sell (d) you wish to move quickly (e)but you will continue to use your preferred Henlow conveyancing firm - not the ones that will provide their estate agent a referral fee or achieve conveyancing targets set by senior management.