My stepmother advised me that in buying a property in Timsbury there could be various restrictions preventing external alterations to the property. Is this right?
We are aware of anumerous of properties in Timsbury which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Timsbury should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
How can we know in advance if a Timsbury conveyancing solicitor on the Bank of Ireland panel is any good?
When it comes to conveyancing in Timsbury getting recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always suggest that you speak with the solicitor handling your transaction.
Intending to buy a apartment in Timsbury. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Clydesdale conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Timsbury property lawyer is on the Clydesdale conveyancing panel.
I am buying my first flat in Timsbury benefiting from help to buy. The sellers refused to budge the price so I negotiated £7000 of additionals instead. The estate agent suggested that I not reveal to my conveyancer about this side-deal as it could adversely affect my mortgage with the bank. 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.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a quick, chain free conveyancing. Timsbury is where the house is located. Can you offer any guidance?
Flying freeholds in Timsbury are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Timsbury 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 Timsbury 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.
My business partner and I are intending to take over a lease of an office on a shopping parade. Can you recommend lawyers offering no-move-no costs for commercial conveyancing in Timsbury for below £1,200?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Timsbury, including the disposal and acquisition of businesses as well as simply property. If you are intending to acquire or lease a shop, pub, restaurant, office, retail premises or a whole business we can find you the right lawyer. Regarding the costs these will vary based on the structure and terms of the deal. Let us have your details or phone us so that we can provide you with comprehensive commercial conveyancing calculation.
My husband and I are new on the property ladder - agreed a price, yet the selling agent informed us that the vendor will only proceed if we instruct the agent's chosen solicitors as they need an ‘expedited deal’. My instinct tells me that we should use a local conveyancer with experience of conveyancing in Timsbury
We suspect that the owner is unaware of this ultimatum. Should the vendor require ‘a quick sale', taking such a hostile approach to a motivated buyer is counter productive. Speak to the owners direct and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you will continue to appoint your own,trusted Timsbury conveyancing firm - as opposed tothose that will earn their negotiator at the agency a referral fee or achieve conveyancing figures pre-set by HQ.
What can I do to determine who is the owner of a property in Timsbury?
Provided the premises is registered with HMLR, and you have sufficient specifics of the location of the premises, you will be able to see results from the HMLR of the recorded owner for a for less than a fiver.