Do the conveyancing lawyers listed on your site conduct auction conveyancing in Bearsted?
There are a few niche lawyers we can connect you with those conducting auction conveyancing. Bearsted is just one of the many areas of in which our lawyers have offices.
Are there restrictive covenants that are commonly identified during conveyancing in Bearsted?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Bearsted. 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 am purchasing a new build house in Bearsted with the aid of help to buy. The sellers refused to move on the amount so I negotiated 6k of additionals instead. The estate agent suggested that I not inform my conveyancer about this side-deal as it could impact my mortgage with the lender. 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.
I've recently found out that there is a flying freehold element on a house I have offered on last month in what was supposed to be a quick, no chain conveyancing. Bearsted is where the house is located. What do you suggest?
Flying freeholds in Bearsted are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bearsted you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bearsted may decide 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 premises.
I'm converting the mortgage on my current house to a buy to let loan with Santander and I will use the ballance of the raised equity towards another property. The area we are talking about is Bearsted. Will your solicitors be able to act for the two mortgage companies and link together the transactions?
Make use of our search tool on this site to ensure that the conveyancers are on the relevant lender panels. Having checked that they are the solicitor should be able to connect the two conveyancing matters but you should talk with you solicitor and specify your desired outcome and requirements.
I am hoping to put an offer on a small detached house that appears to tick a lot of boxes, at a great figure which is making it more attractive. I have just been informed that it's a leasehold as opposed to freehold. I would have thought that there are issues purchasing a leasehold house in Bearsted. Conveyancing solicitors have are about to be instructed. Will they explain the issues?
The majority of houses in Bearsted are freehold and not leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. It is clear that you are purchasing in Bearsted so you should seriously consider shopping around for a Bearsted conveyancing solicitor and check that they have experience in transacting on leasehold houses. First you will need to check the number of years remaining. Being a leaseholder you will not be entirely free to do whatever you want with the house. The lease will likely included provisions for example obtaining the landlord’sconsent to conduct alterations. You may also be required to pay a contribution towards the upkeep of the communal areas where the house is located on an estate. Your conveyancer will report to you on the legal implications.
Leasehold Conveyancing in Bearsted - Sample of Queries before buying
-
You will want to discover as much as possible about the managing agents as they will impact your use and enjoyment of the property. As the proprietor of a leasehold property you are frequently at the mercy of the managing agents both financially and when it comes to practical matters like the upkeep of the common parts. Ask other people if they are happy with their service. On a final note, be sure you know the dates that the service fees are due to the managing agents and specifically what you get for your money. Plenty Bearsted leasehold apartments will incur a service charge for the upkeep of the block levied on behalf of the landlord. If you purchase the apartment you will have to meet this amount, usually periodically throughout the year. This may vary from several hundred pounds to thousands of pounds for bigger purpose-built blocks. In all probability there will be a rentcharge to be met annual, ordinarily this is not a significant sum, say around £25-£75 but you need to check as sometimes it can be surprisingly expensive.