It has come to my attention via my IFA that my Weybridge property lawyer is not on the lender Conveyancing panel. How can I check?
Your first step should be to contact your Weybridge conveyancer. You lawyer should notify you what has happened. Where they are not on the panel they may recommend you to a Weybridge conveyancing practice that is on the approved list of lawyers for your lender.
I bought my flat on 2 September and my personal details is not yet registered. Need I be worried? My conveyancing solicitor in Weybridge advises it will be concluded in less than a month. Are properties in Weybridge uniquely lengthy to register?
There is nothing unique when it comes to conveyancing in Weybridge registration formalities. Rather than based on location, timeframes can adjust subject to the party submitting the application, whether it is in order and whether the Land registry communicate with any 3rd parties. At present approximately 80% of such applications are completed within two weeks but some can be subject to extensive hold-ups. Historically registration is effected after the new owner has moved in to the premises so an expedited registration is not usually an essential issue yet if there is a degree of urgency associated with the registration then you or your solicitor should communicate with the Registry to express the reasoning for the application to be prioritised.
I am purchasing my first flat in Weybridge with the aid of help to buy. The sellers would not move on the amount so I negotiated £7000 of fixtures and fittings instead. The sale representative suggested that I not inform my solicitor about this extras as it would adversely affect my loan with the bank. Is this normal?.
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 house I have offered on a fortnight ago in what was supposed to be a quick, no chain conveyancing. Weybridge is the location of the property. Can you offer any assistance?
Flying freeholds in Weybridge are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Weybridge 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 Weybridge 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 premises.
My wife and I purchased a leasehold house in Weybridge. Conveyancing and Britannia mortgage went though with no issue. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1992. The conveyancing practitioner in Weybridge who acted for me is not around. Any advice?
The first thing you should do is make enquiries of HMLR to make sure that this person is indeed the new freeholder. You do not need to incur the fees of a Weybridge conveyancing practitioner to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Following years of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in Weybridge. Can we issue an application to the Residential Property Tribunal Service?
Most certainly. We are happy to put you in touch with a Weybridge conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Weybridge flat is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case was in relation to 1 flat. The unexpired residue of the current lease was 82.93 years.
We are in the process of purchasing a flat in Weybridge. Conveyancing is not complete but we would like have the amount we are are buying for a secret from the likes of Nestoria. Is this achievable and how?
HM Land Registry as a matter of law required to reveal price paid information on a register of the title for domestic properties nationwide which includes properties in Weybridge. The register of title is an open document, so HM Land Registry would be breaking the law excluded specific properties such as the one in Weybridge.
You can ask the Land Registry to withhold the price paid data however the response will be in the negative.