I am need of leasehold conveyancing for an apartment in a fairly new development (seven years old) in South Woodham Ferrers. Almost all the properties are already sold. Do I need carry out the neighbourhood searches as part of conveyancing in South Woodham Ferrers?
You are opening yourself up to an unnecessary risk in not carrying out South Woodham Ferrers conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would strongly advise in no uncertain terms that you have them. Where timings and price are top of your concerns you should discuss with your solicitor about the possibility of search insurance
We see that you have a post code search directory identifying firms on the Virgin Money conveyancing panel. Do companies pay you a commission if I appoint them for our own conveyancing in South Woodham Ferrers?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in South Woodham Ferrers.
We are intent on selling our house in South Woodham Ferrers and according to the buyers it appears that there is a possibility that the property was built on contaminated land. Any local lawyer would know that there is no such problem. For the life of me I don't know why the purchasers are using an internet conveyancing practice rather than a conveyancing solicitor in South Woodham Ferrers. We have lived in South Woodham Ferrers for 4 years we know of no issue. Should we contact our local Authority to obtain clarification need.
It would appear that you have a conveyancing firm currently acting for you. What do they say? You must enquire of 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 life insurance to cover that same sickness)
4 months have elapsed following my purchase conveyancing in South Woodham Ferrers took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm buying a new build house in South Woodham Ferrers with a mortgage from The Royal Bank of Scotland. The developers would not budge the amount so I negotiated five thousand pounds worth of additionals instead. The house builders rep told me not to tell my lawyer about the extras as it would jeopardize my loan with The Royal Bank of Scotland. Should I keep quiet?.
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 property I put an offer in last month in what was supposed to be a simple, no chain conveyancing. South Woodham Ferrers is the location of the property. Can you shed any light on this issue?
Flying freeholds in South Woodham Ferrers are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside South Woodham Ferrers you must be sure that your lawyer goes 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 South Woodham Ferrers may ascertain 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.