I am buying a brand new apartment in Turvey and my lawyer is advising me that she has to the mortgage company to reveal incentives from the developer. The Estate Agents are hassling me to sign contracts and I don't want to delay matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I am buying a property and require a conveyancing solicitor in Turvey who is on the Coventry Building Society solicitor. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Coventry Building Society in certain locations such as Turvey. We dont recommend any particular firm.
Will commercial conveyancing searches reveal impending roadworks that may affect a commercial estate in Turvey?
Its becoming the norm that commercial conveyancing solicitors in Turvey will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Turvey. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Turvey.
For every commercial conveyancing transaction in Turvey it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can cause delays to Turvey commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Turvey.
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a quick, no chain conveyancing. Turvey is the location of the property. Is there any guidance you can give?
Flying freeholds in Turvey are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Turvey you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Turvey 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.
Taking into account that I will soon spend hundreds of thousands of pounds on a property in Turvey I would like to have a conversation with the solicitor regarding thehome move in advance of appointing the firm. Can this be arranged?
We could not agree more - we would be pleased to talk to you we do not take any clients on without you first talking to the conveyancer due to be conducting your conveyancing in Turvey.There is no ‘factory style conveyancing’ - every client is an important person, not a case reference. The law firms that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Turvey should be the figure that you are charged.
I purchased a property in Turvey last 29/5/2024 and to date it is still not recorded with HM Land Registry. It is part of a development site and my conveyancer told me that it can take twelve months to register. I have contacted the Land Registry directly and they have informed me the original application was cancelled due to questions not being addressed in time. What can I do?
Call your conveyancing practitioner - if you are not getting sensible responses, look up their firm’s complaints procedure and amplify your concerns to a Complaints Manager. Registrations for Turvey conveyancing are not known to be significantly delayed.