My aunt pointed out to me me that in buying a property in Northop Hall there may be various restrictions limiting what one can do in terms of external alterations to a property. Is this right?
We are aware of a number of properties in Northop Hall which have some sort of restriction or requirement of consent to perform external changes. Part of the conveyancing in Northop Hall should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Last month we had a mortgage agreed in principle with Co-operative. Northop Hall conveyancing practitioners have been chosen. What is the average time that one could expect to receive a mortgage offer from Co-operative?
There is no definitive answer here. Have Co-operative completed the valuation? Have you informed Co-operative as to your lawyers' details and checked that your lawyers are on the Co-operative conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am currently in the process of buying my council flat in Northop Hall. I have a mortgage offer with Nationwide. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Nationwide, you will need to appoint a solicitor on the Nationwide conveyancing panel.
I need some expedited conveyancing in Northop Hall as I am under pressure to sign on the dotted line in less than one month. Thankfully I do not require a mortgage. Can I decline from having conveyancing searches to save money and time?
As you are are a mortgage free purchaser you have the choice not to do searches although no conveyancer would recommend that you don't. Drawing on our experience of conveyancing in Northop Hall the following are instances of issues that can crop up and therefore impact market value: Refused Planning Applications, Overdue Fees, Overdue Grants, Railway Schemes,...
I am buying a new build house in Northop Hall with the aid of help to buy. The sellers refused to budge the amount so I negotiated 6k of additionals instead. The estate agent suggested that I not to tell my solicitor about the deal as it would impact 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.
I opted to have a survey done on a property in Northop Hall before instructing conveyancers. I have been informed that there is a flying freehold overhang to the house. My surveyor advised that some lenders tend refuse to grant a mortgage on this type of premises.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Northop Hall. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Northop Hall to see if the conveyancing will be more expensive.
Hoping to buy a property located in Northop Hall and I am already nervous. I couldn't find anything specific about Northop Hall. Conveyancing will be needed in due course but do you know about the Northop Hall area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Northop Hall. In the meantime here are some basic statistics that we found
Are the Northop Hall conveyancing lawyers identified as being on the bank conveyancing panel, together with their details provided by the lender?
Northop Hall firms and firms carrying out conveyancing in Northop Hall themselves provide us confirmation that they are on the mortgage company conveyancing panel as opposed to being supplied with a list from the bank directly.