Are there restrictive covenants that are commonly picked up as part of conveyancing in Reigate?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Reigate. 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'm purchasing my first flat in Reigate with a loan from . The developers would not budge the amount so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not disclose to my lawyer about this extras as it will impact my mortgage with . 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.

We're new on the property ladder - had an offer accepted, but the selling agent has warned us that the owners will only go ahead if we use their chosen solicitors as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a local conveyancer accustomed to conveyancing in Reigate

We suspect that the seller is unaware of this requirement. Should the seller desire ‘a quick sale', alienating a motivated purchaser is likely to cause more damage than good. Avoid the agents and go straight to the owners and make sure they understand (a)you are genuine buyers (b)you are ready to progress, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)however you intend to appoint your own,trusted Reigate conveyancing firm - as opposed tothe ones that will give their negotiator at the agency a kickback or hit his conveyancing figures pre-set by senior management.

Reigate Conveyancing for Leasehold Flats - A selection of Questions you should ask Prior to buying

Can you inform me if there are any major works in the near future that could add a premium to the maintenance charges? It would be sensible to discover as much as possible about the managing agents as they will impact your use and enjoyment of the property. As the owner of a leasehold property you are frequently in the clutches of the managing agents both financially and when it comes to daily matters like the cleanliness of the common parts. Enquire of other tenants what they think of their management. Finally, investigate as to the dates that you are obliged pay the service charge to the appropriate party and specifically what you get for your money.

I have been recommended a conveyancing solicitor in Reigate. I I would like to check if they are listed on the lender's conveyancing panel. Could you or the lender confirm if they are on the panel?

It’s a good idea phone your conveyancer to check if they are on the bank's approved list. If that does not help call us and we can make some checks for you. Should the firm not be on the lender panel we can certainly arrange a specialist conveyancing solicitor in Reigate on the panel for your lender.