I am need of leasehold conveyancing for an apartment in a fairly new development (seven years built) in Liphook. 95% of the properties are already occupied. Is it really necessary to order conveyancing searches as part of conveyancing in Liphook?
You would be taking a significant risk in refusing to carrying out Liphook conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would strongly advise in the strongest possible terms that you have them. Where accelerating the process and cost are primary concerns you should consider with your lawyer about the options such as lack of search insurance available to you
Do commercial conveyancing searches reveal planned roadworks that could impact a commercial estate in Liphook?
Its becoming the norm that commercial conveyancing solicitors in Liphook will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Liphook. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Liphook.
For each commercial conveyancing transaction in Liphook it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may cause delays to Liphook commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Liphook.
I am buying a new build house in Liphook with a mortgage from Skipton Building Society. The sellers would not reduce the price so I negotiated £7000 of fixtures and fittings instead. The property agent advised me not inform my conveyancer about this side-deal as it would affect my loan with the lender. Should I keep quiet?.
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.
I opted to have a survey carried out on a property in Liphook before appointing conveyancers. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some lenders will refuse to issue a loan on such a home.
It varies from the lender to lender. Santander has different instructions from Halifax. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Liphook. Conveyancing may be slightly more expensive based on your lender's requirements.
How simple is it to change solicitor as I need to instruct a firm on the Yorkshire Building Society conveyancing list. I instructed a family conveyancing solicitor in Liphook five minutes from me but the firm is not accepted by Yorkshire Building Society
It would be our pleasure to help you select a conveyancing solicitor in Liphook on the Yorkshire Building Society panel. Please note that the property lawyers that we on the directory do not pay us commission if you instruct them and are under regulation of the SRA who oversee all conveyancing solicitors in Liphook. Using the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Liphook.
At last I have had an offer on an flat in Liphook agreed to, the owner does however have a tied purchase. The vendors have submitted an offer on somewhere, however it’s not yet tied up, and has viewings of other apartments booked. I have instructed a local conveyancing solicitor in Liphook. What should be my next step? When should I get the mortgage application with TSB going with TSB?
It is usual to have concerns where there is a chain as you are unlikely to want to incur costs too early (mortgage application is approx one thousand pounds, then survey, Liphook conveyancing search fees, etc). First, you must ensure that your lawyer is on the TSB conveyancing panel. Concerning the subsequent stages this very much depends on the circumstances of your transaction, desire for the property and on the state of the market. In a hot market the majority of purchasers will apply for the mortgage with TSB and pay for the valuation and only if it was satisfactory would they ask their conveyancer to proceed with the conveyancing in Liphook.