Completed the sale of my flat in Byfleet last October but my buyer keeps calling daily to say his conveyancer needs to hear from mine. What should have happened following completion?
After completion of your disposal your conveyancer should deliver the transfer documentation and all additional paperwork to the buyer’s conveyancer. Where relevant, your solicitor must also confirm that the home loan has been discharged to the buyers lawyers. There are no post completion steps specific conveyancing in Byfleet.
What will a local search inform me concerning the property my wife and I purchasing in Byfleet?
Byfleet conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search organisations for example Searchflow The local search plays an important part in most Byfleet conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your new home. The search should reveal 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 topic areas.
I am purchasing a new build house in Byfleet with the aid of help to buy. The developers refused to budge the amount so I negotiated £7000 of fixtures and fittings instead. The estate agent advised me not reveal to my solicitor about the side-deal as it may impact my mortgage with TSB. 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.
How easy is it to use your search tool to select a conveyancing solicitor in Byfleet on the authorised to act for my mortgage?
First choose a mortgage company such as Halifax, Norwich and Peterborough Building Society or Barclays Direct then specify your preferred area for instance Byfleet. Conveyancing practices in Byfleet and beyond should be identified.
If all goes to plan we aim to complete our sale of a £375,000 garden flat in Byfleet in just under a week. The freeholder has quoted £420 for Certificate of Compliance, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Byfleet?
Byfleet conveyancing on leasehold maisonettes ordinarily necessitates administration charges raised by managing agents :
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Completing pre-exchange questions
Where consent is required before sale in Byfleet
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Leasehold Conveyancing in Byfleet - A selection of Queries before buying
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Who takes responsibility for maintaining and repairing the block? Most Byfleet leasehold properties will incur a service charge for the upkeep of the building invoiced by the management company. Where you purchase the apartment you will have to pay this contribution, usually in instalments accross the year. This can vary from several hundred pounds to thousands of pounds for bigger purpose-built blocks. In all probability there will be a rentcharge for you to pay yearly, normally this is not a significant figure, say around £50-£100 but you should to enquire it because on occasion it could be surprisingly expensive. Its a good idea to discover as much as possible regarding the managing agents as they will impact your use and enjoyment of the property. As the proprietor of a leasehold property you will be in the clutches of the managing agents both financially and when it comes to practical matters like the cleanliness of the communal areas. Enquire of other tenants what they think of their service. Finally, find out the dates that the service charges are due to the managing agents and precisely how they are spending that money.
I have been recommended a conveyancing solicitor in Byfleet. I need to find out if they are on the lender's approved list of lawyers. Can you assist?
It’s a good idea contact the lawyer and ask them if they are on the lender's approved list. Alternatively please call us and we can investigate and revert. Should the firm not be on the conveyancing panel we can certainly arrange a reputable conveyancing solicitor in Byfleet on the panel for your lender.