My wife and I are about to complete buying a house in Saltdean but as a consequence of wreckage from the recent storms I have managed to agree reparation from the seller in the sum of £2k by way of a adjustment in the price. This was going to be addressed as part of a side agreement but Kent Reliance are not allowing this. Should they have been involved?
Any conveyancer that is on a Kent Reliance approved list is duty bound to disclose to Kent Reliance of any variations to the sale price. If you prohibit your property lawyer to report the reduction to Kent Reliance then they would have to discontinue acting for you. In addition, Kent Reliance and you would have to appoint a new solicitor for your conveyancing in Saltdean.
We see that you have a search directory listing solicitors on the Nottingham conveyancing panel. Do firms pay you a commission if I retain them for our conveyancing in Saltdean?
We are a listing service only for law firms wishing to communicate if they are on the Nottingham conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Saltdean.
This question may be naive but I am new to the house moving as a 1st time purchaser of a two bedroom flat in Saltdean. Do I receive the keys to the property on the completion date from my lawyer? If this is the case, I will instruct a local conveyancing solicitor in Saltdean?
On the day of completion you do not need to attend the conveyancers office in Saltdean. Your solicitors will electronically transfer the completion advance to the seller's conveyancers, and once they have received this, you should be invited to receive the keys from the Estate Agents and move into your new home. Usually this occurs between 1 and 3pm.
A relative advised me that in buying a property in Saltdean there could be a number of restrictions preventing external changes to the property. Is this right?
There are a number of properties in Saltdean which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Saltdean should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I have decided to exercise my right to buy my property in Saltdean off the council. I have a mortgage offer with Principality. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use 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 Principality, you will need to appoint a solicitor on the Principality conveyancing panel.
I require expedited conveyancing in Saltdean as I am under an ultimatum to exchange contracts within 4 weeks. A home loan is not required. Can I escape the need for conveyancing searches to save money and time?
As you are are a cash buyer you have the choice not to do searches although no conveyancer would advise that you don't. Drawing on our experience of conveyancing in Saltdean the following are instances of issues that can arise and adversely affect future saleability: Enforcement Notices, Overdue Charges, Outstanding Grants, Unadopted Roads,...
I'm buying my first flat in Saltdean with the aid of help to buy. The builders would not budge the price so I negotiated 6k of additionals instead. The estate agent suggested that I not inform my lawyer about this side-deal as it could jeopardize my loan with the bank. Should I keep quiet?.
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.
Is there a difference between surveying and conveyancing in Saltdean?
Conveyancing - in Saltdean or anywhere in England and Wales - is the process of legally transferring legal title of property from one person to another. It involves the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you are buying and will help you discover the condition of the building and, if there are problems, give you a powerful reason for reducing the price down or asking the vendor to remedy the defects before you move in.