I am acquiring a house mortgage free in Reigate. I have resided for the previous dozen years in Reigate. Conveyancing searches are expensive. Given that I know the area and road very well should I not bother getting the solicitor to do all the conveyancing searches?
If you not getting a home loan, then all but one or two of the Reigate conveyancing searches are at your discretion. Your lawyer will try and steer you, no-doubt strongly, that you should have searches done, but he is duty bound to do this. One thing to take into account; if you are intend to sell the house at a future date, it could be of relevance to your future purchaser what the searches determine. There are plenty of instances where properties with functional issues can still show up unpredicted search results. A competent conveyancing solicitor in Reigate should be able to give you some practical guidance concerning this.
My partner and I are selling our property in Reigate and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any high street Reigate lawyer would know this is not the case. It does beg the question why the buyers used a web based conveyancing practice rather than a conveyancing solicitor in Reigate. Having lived in Reigate for 5 years we know that this is a non issue. Should we contact our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. Are they able to advise? You must 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 sickness)
My wife and I purchased a 4 bedroom Georgian property in Reigate. Conveyancing solicitor acted for me and Alliance & Leicester . I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, the second leasehold with the exact same address. I thought I was buying a freehold how can I check?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Reigate and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with the conveyancing lawyer who conducted the work.
I'm purchasing a new build house in Reigate with a loan from Accord Mortgages Ltd. The sellers would not reduce the price so I negotiated £7000 of additionals instead. The estate agent told me not reveal to my lawyer about this side-deal as it will affect my loan 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.
As co-executor for the estate of my grandfather I am disposing of a house in Neath but reside in Reigate. My solicitor (based 300 miles from merequires that I sign a statutory declaration prior to completion. Can you recommend a conveyancing solicitor in Reigate who can attest this legal document for me?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are based in Reigate
What is the reason for my conveyancer requiring numerous items of ID ahead of starting my conveyancing in Reigate?
Reigate property lawyers are obliged by the Law Society, SRA, the Land Registry and current Money Laundering legislation to certify that the have verified the identity of their clients. It will also be a requirement of your bank if you are taking a mortgage. In addition they have to complete various forms, particularly those relating to Land Tax and need to have information such as your full names, NI number and date of birth.