I happen to be the single recipient of my late father’s will with all property in now in my sole name, including the house in Tokyngton. Conveyancing formalities meant that the Land Registry date was in August. I plan to dispose of the property. I do know about the CML six month 'rule', which means that my property ownership may be regarded the same way as though I had purchased the house in August. Is the property unsalable for six months?
The CML handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. Most banks would take a practical view as this clause primarily exists to pick up on the purchase and immediately sell or the flipping of property.
My fiancee and I are in the throws of looking at apartments in Tokyngton and I am about to put in an offer. Is it sensible to have my conveyancing practitioner on ‘stand by’? I intend to finance via a mortgage with HSBC.
It would be advisable to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. As you are obtaining a mortgage with HSBC, make sure you remember to check that your lawyer is on the HSBC conveyancing panel.
Completion of my purchase has taken place for my property in Tokyngton. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
What does a local search tell me about the house my wife and I buying in Tokyngton?
Tokyngton conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search organisations for instance PSG The local search is essential in every Tokyngton conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your property. The search will provide data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
The deeds to my home can not be found. The solicitors who conducted the conveyancing in Tokyngton 10 years ago have long since closed. What are my options?
These day there are copies made of almost everything, and your lawyer should know precisely where to look for all the relevant paperwork so you may buy or dispose of your property without a hitch. Where copies are not available, your lawyer can put in place insurance or indemnities protecting you against future claims on the premises.
I am purchasing my first flat in Tokyngton benefiting from help to buy. The developers would not budge the price so I negotiated £7000 of extras instead. The house builders rep told me not disclose to my conveyancer about this extras as it would impact my loan with Norwich and Peterborough Building Society. 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.
As co-executor for the estate of my aunt I am disposing of a residence in Monmouth but reside in Tokyngton. My lawyer (who is 235 miles awayneeds me to execute a statutory declaration ahead of the transaction finalising. Could you suggest a conveyancing practitioner in Tokyngton who can witness this legal document for me?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are based in Tokyngton