I am planning on selling our house in Y Felinheli and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any high street Y Felinheli conveyancer would know this is not the case. For the life of me I don't know why the buyers used a nationwide conveyancing practice as opposed to a conveyancing solicitor in Y Felinheli. We have lived in Y Felinheli for three years we know of no issue. Should we get in touch with our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing lawyer already. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
Me and my brother own a 4 bedroom Georgian house in Y Felinheli. Conveyancing lawyer acted for me and HSBC Bank. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Y Felinheli and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with your conveyancing practitioner who carried out the work.
I am buying my first flat in Y Felinheli with the aid of help to buy. The developers would not budge the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep told me not disclose to my lawyer about the side-deal as it may jeopardize my mortgage with Clydesdale. Should I keep quiet?.
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.
How straightforward is it to use the search tool to choose a conveyancing practitioner in Y Felinheli on the panel for my bank?
1st pick a lender such as Barclays , The Royal Bank of Scotland or Bank of Ireland then specify your location e.g. Y Felinheli. Conveyancing firms in Y Felinheli and across England and Wales should be identified.
Should I instruct a Y Felinheli conveyancing practitioner in close proximity to the house I am purchasing? I have an old university friend who can execute the legal formalities however they are based 300kilometers drive away.
The primary upside of using a local Y Felinheli conveyancing firm is that you can drop in to sign documents, present your ID and pester them where appropriate. They will also have local intelligence which is a bonus. That being said nothing is more important than finding someone that will pull out all the stops for you. If other friends have instructed your friend and the majority were content that should trump using an unfamiliar Y Felinheli conveyancing solicitor solely due to them being round the corner.
Back In 2001, I bought a leasehold flat in Y Felinheli. Conveyancing and Barclays mortgage are in place. A letter has just been received from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1998. The conveyancing practitioner in Y Felinheli who previously acted has now retired. Do I pay?
First make enquiries of the Land Registry to make sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Y Felinheli conveyancing solicitor to do this as it can be done on-line for £3. You should note that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Y Felinheli Leasehold Conveyancing - Sample of Questions you should consider before buying
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Is anyone aware of any major works in the near future that will add a premium to the maintenance fees? How much is the service charge and ground rent on the flat? The answer will be helpful as a) areas can result in problems in the block as the common areas may begin to deteriorate if services remain unpaid b) if the tenants have a dispute with the running of the building you will want to know about it