It is is a decade since I acquired my home in Southwold. Conveyancing lawyers have recently been retained on the sale but I am unable to locate my deeds. Will this cause complications?
You need not be too concerned. Firstly the deeds may be with your mortgage company or they could still be with the conveyancers who handled your purchase. Secondly in all probability the land will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers obtaining current official copies of the land registers. Nearly all conveyancing in Southwold relates to registered property but in the unlikely event that your property is unregistered it is more of a problem but is resolvable.
I have todaybeen informed that Wolstenholmes have been shut down. They carried out my conveyancing in Southwold for a purchase of a freehold house 12 months ago. How can I establish that the property is not still registered in the name of the former proprietor?
The quickest method to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Southwold conveyancing specialists.
I am purchasing a new build house in Southwold with a mortgage from Norwich and Peterborough Building Society. The sellers refused to budge the amount so I negotiated 6k of extras instead. The estate agent advised me not reveal to my conveyancer about the extras as it may impact my mortgage with Norwich and Peterborough Building Society. 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 UK Finance website. UK Finance 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 opted to have a survey completed on a house in Southwold before instructing conveyancers. I have been told that there is a flying freehold overhang to the property. Our surveyor advised that some mortgage companies will refuse to grant a loan on such a house.
It depends who your proposed lender is. Santander has different requirements for example to Halifax. If you e-mail us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Southwold. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Southwold to see if the conveyancing will be more expensive.
Taking into account that I will soon part with hundreds of thousands of pounds on a property in Southwold I wish to talk to a lawyer about myhouse move ahead of instructing the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you speaking to the solicitor due to be conducting your conveyancing in Southwold.There is no ‘factory style conveyancing’ - each client is unique person, not a file reference. The solicitors that we put you in touch with believe that the figure you are provided with for your conveyancing in Southwold should be the amount on the final invoice that you are charged.
We're novice buyers - had an offer accepted, but the selling agent advised that the owners will only issue a contract if we use their chosen lawyers as they need a ‘quick sale’. We would rather use a high street solicitor accustomed to conveyancing in Southwold
It is highly unlikely the owners are behind this. If they desire ‘a quick sale', turning down a serious purchaser is is going to put the whole deal at risk. Try to communicate with the owners directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you will continue to appoint your own,trusted Southwold conveyancing firm - as opposed tothose that will earn their negotiator at the agency a commission or achieve conveyancing targets pre-set by head office.