Forgive me if this question is silly but I am unseasoned as a first time purchaser of a garden flat in Barrowden. Do I receive the keys to the premises on completion from my lawyer? If so, I will find a High Street conveyancing solicitor in Barrowden?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will arrange to send the purchase money to the owner’s lawyers, and shortly after the monies have arrived, you will be called to pick up the keys from the Estate Agents and start moving into the property. This tends to happen early afternoon.
My aunt advised me that in purchasing a property in Barrowden there could be a number of restrictions as to what one can do in terms of external alterations to a property. Is this right?
We are aware of a number of properties in Barrowden which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Barrowden should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We had chosen conveyancers locally in Barrowden on the Co-operative solicitor panel. They have just invoiced me a further amount for the legal aspects of the Co-operative mortgage. Is this an additional conveyancing fee specified by Co-operative?
As unfair as it may seem, as long as it’s in their Terms and Conditions or estimate then yes your property lawyer can charge a fee for this. The charge is not set by Co-operative but by your Barrowden property lawyer. Numerous firms on the Co-operative panel will levy an ‘acting for lender’ fee but plenty of firms incorporate it on their overall fee.
Do commercial conveyancing searches disclose proposed roadworks that may affect a commercial land in Barrowden?
Its becoming the norm that commercial conveyancing solicitors in Barrowden will conduct a SiteSolutions Highways report as it reduces the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Barrowden. The search result 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 Barrowden.
For each commercial conveyancing transaction in Barrowden it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can result in delays to Barrowden commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Barrowden.
I own a 4 bedroom Victorian house in Barrowden. Conveyancing solicitor acted for me and Godiva Mortgages Ltd. I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Barrowden and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with your conveyancing practitioner who conducted the conveyancing.
I am purchasing a new build house in Barrowden benefiting from help to buy. The builders would not reduce the price so I negotiated £7000 of additionals instead. The house builders rep advised me not reveal to my lawyer about the side-deal as it could jeopardize my mortgage with the lender. Is this normal?.
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've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Barrowden is where the house is located. Can you offer any advice?
Flying freeholds in Barrowden are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Barrowden you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Barrowden may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Is it simple use the search tool to choose a conveyancing solicitor in Barrowden on the panel for my lender?
Step one is to select a bank such as HSBC Bank, Skipton Building Society or Clydesdale then type in your preferred area a common one being Barrowden. Conveyancing practices in Barrowden and nationally should be listed.