I am buying a property for cash in Stamford Bridge. I have been living for the previous Seventeen years in Stamford Bridge. Conveyancing searches are expensive. As I know the area and road very well should I not bother getting the solicitor to do all the conveyancing searches?
In the absence of a home loan, then the vast majority of the Stamford Bridge conveyancing searches are non-obligatory. Your solicitor will 'advise', no-doubt strongly, that you should have searches completed, but he is duty bound to take that path of guidance. Do consider; if you are likely to sell the house at a future date, it may be of importance to your future purchaser what the searches contain. Sometimes premises with apparent issues can still throw up unexpected search results. A competent conveyancing solicitor in Stamford Bridge will provide you some sensible advice in this regard.
Do I need to take out insurance to address the risk of chancel repairs when purchasing a residence in Stamford Bridge?
Unless a previous purchase of the property took place post 12 October 2013 you could take it that conveyancing practitioners carrying out conveyancing in Stamford Bridge to remain encouraging a chancel search and or chancel repair liability insurance.
The deeds to our house can not be found. The solicitors who conducted the conveyancing in Stamford Bridge 4 years ago have long since closed. What are my options?
Nowadays there are duplicates made of almost everything, and your conveyancer will be aware precisely where to find all the suitable paperwork so you may buy or sell your house without a hitch. If copies can’t be found, your conveyancer may be able to arrange cover in the form of insurance or indemnities against possible claims on your property.
I am buying a new build house in Stamford Bridge with the aid of help to buy. The developers would not move on the amount so I negotiated £7000 of fixtures and fittings instead. The property agent advised me not to tell my conveyancer about the deal as it would affect my loan with the bank. Is this normal?.
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.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a straight forward, no chain conveyancing. Stamford Bridge is where the house is located. Can you shed any light on this issue?
Flying freeholds in Stamford Bridge are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Stamford Bridge you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stamford Bridge may determine 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 premises.
Should I appoint a Stamford Bridge conveyancing solicitor based in the vicinity that I am hoping to buy? An old friend can deal with the legal work but they are based approximately 350miles away.
The benefit of a local Stamford Bridge conveyancing firm is that you can attend the office to sign documents, deliver your ID and pester them if necessary. They will also have local insight which is a plus. However it's more important to get someone that will pull out all the stops for you. If other friends have instructed your friend and on the whole were impressed that should trump using an unfamiliar Stamford Bridge conveyancing solicitor just because they are Stamford Bridge based.