I own a renovated Edwardian property in Shipston on Stour. Conveyancing practitioner represented me and TSB. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold with the matching property. 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 as there may be 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 Shipston on Stour and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing practitioner who conducted the purchase.
I am purchasing a new build house in Shipston on Stour with a loan from Yorkshire Building Society. The builders refused to move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent advised me not disclose to my conveyancer about this deal as it will affect my mortgage with Yorkshire Building Society. Do I keep my lawyer in the dark?.
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.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a quick, no chain conveyancing. Shipston on Stour is where the house is located. What do you suggest?
Flying freeholds in Shipston on Stour are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Shipston on Stour you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Shipston on Stour may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I am downsizing from my house. My former conveyancers has retired. I would be grateful for any recommendation of a conveyancing firm. Im based in Shipston on Stour if that makes things easier.
Please use our search tool to help you find a solicitor for your conveyancing in Shipston on Stour. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
I am using a search engine for the words conveyancing in Shipston on Stour it shows results of many solicitorsin the area. How do I determine which is the right conveyancer for the sale of my house?
The ideal way of seeking the right conveyancer is via trusted referral, so ask friends and relatives who have purchased a property in Shipston on Stour or a respected estate agent or financial adviser. Costs for conveyancing in Shipston on Stour vary, so it's a good idea to obtain at least four quotes from varying types of solicitors. Dont forget to clarify that the charges are assured not to rise.
I'm purchasing a property in Shipston on Stour. I can find my conveyancer's company on the CLC list, but I can't locate my lawyer's name as listed on the regulator's website. Should I be concerned?
Not all staff in the company must be listed by the regulator. As long there is someone qualified to 'oversee' the work, the actual day-to-day activity can be conducted by unqualified staff.