I require quick conveyancing in Bourne End as I am faced with pressure to exchange contracts in less than one month. A mortgage is not required. Can I decline from having conveyancing searches to save money and time?
As you are not obtaining a home loan you have the choice not to have searches carried out although no law firm would advise that you don't. With plenty of history conveyancing in Bourne End the following are examples of what can crop up and adversely impact the marketability of the property: Enforcement Notices, Overdue Fees, Overdue Grants, Road Schemes,...
Are there restrictive covenants that are commonly picked up during conveyancing in Bourne End?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Bourne End. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am buying my first flat in Bourne End benefiting from help to buy. The sellers refused to move on the price so I negotiated five thousand pounds worth of additionals instead. The property agent told me not reveal to my lawyer about this extras as it would impact my loan with the lender. Do I keep my lawyer in the dark?.
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.
Over the last few months I have been searching for a ground for flat up to £245,000 and found one near me in Bourne End I like with amenity areas and railway links nearby, however it only has 52 years unexpired on the lease. I can't really find anything else in Bourne End suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a home loan the remaining unexpired lease term may be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
I have been sourcing a conveyancing practitioner in Bourne End for my home move. Can I review a solicitor's complaints history with the legal regulator?
You can review documented Solicitor Regulator Association (SRA) determinations arising from investigations started on or after Jan 2008. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The regulator sometimes monitor call for training reasons.