I am need of leasehold conveyancing for a flat in a fairly new development (6 years old) in South Brent. 95% of the flats have already been sold. Is it really necessary to order conveyancing searches for my conveyancing in South Brent?
Where you are obtaining a mortgage, your lender will need some (many) of the searches so you'll have no choice. If not, then South Brent conveyancing searches are for you to decide upon. No doubt your conveyancer, will 'advise', perhaps strongly, that you should have the searches done, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you choose to instruct your lawyer to proceed without searches then your lawyer will have to follow your instructions or ask you to appoint a different lawyer for your conveyancing in South Brent.
My wife and I purchased a 4 bedroom Victorian property in South Brent. Conveyancing lawyer acted for me and Nationwide Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold with the exact same address. Is it worth asking Nationwide Building Society to clarify?
You should 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 South Brent and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with the conveyancing solicitor who conducted the conveyancing.
I am purchasing my first flat in South Brent with a mortgage from Bank of Ireland. The builders would not move on the price so I negotiated £7000 of additionals instead. The sale representative advised me not to tell my lawyer about this extras as it could impact my loan with Bank of Ireland. Do I keep my lawyer in the dark?.
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 decided to have a survey carried out on a property in South Brent prior to appointing lawyers. I have been advised that there is a flying freehold overhang to the property. The surveyor advised that some banks will not give a mortgage on a flying freehold property.
It depends who your proposed lender is. Santander has different requirements from Halifax. Should you wish to call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in South Brent. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in South Brent cover?
Commercial conveyancing in South Brent incorporates a wide range of services, offered by regulated solicitors, relating to business premises. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
I need to instruct a conveyancing practitioner in South Brent for my home move. Can I check a firm’s complaints history with the legal regulator?
Anyone can see published Solicitor Regulator Association (SRA) decisions arising from investigations commenced on or after Jan 2008. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The SRA may monitor call for training purposes.