My partner’s sister is a conveyancer. I am hopeful that I'll be able to get preferential pricing for conveyancing, but if not, what kind of fees should I be expecting for conveyancing in Bishopston?
Do compare pricing. Make use of our comparison tool on this site. You will notice that charges will contrast greatly but the service one can expect are distinct between conveyancers as is true with the vast majority of professional services.
Me and my partner are due to complete buying a house in Bishopston but as a result of wreckage from a small fire at the property I have was able negotiate recompense from the owner in the sum of £2k by way of a adjustment in the price. I had intended this to be dealt with as part of a side agreement yet Virgin Money will not permit this. Why were they informed?
The lawyer being on a Virgin Money approved list is required to inform Virgin Money of any changes to the purchase price. If you prohibit your property lawyer to report the reduction to Virgin Money then they would have to discontinue acting for you. In addition, Virgin Money and you would have to appoint a new conveyancing practitioner for your conveyancing in Bishopston.
My wife and I are intent on selling our property in Bishopston and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any local conveyancer would know this is not the case. It does beg the question why the buyers used an internet conveyancing outfit rather than a conveyancing solicitor in Bishopston. We have lived in Bishopston for many years we know that this is a non issue. Is it a good idea to contact our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I have a terraced Victorian house in Bishopston. Conveyancing lawyer represented me and Godiva Mortgages Ltd. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, another for leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
You should review the Freehold register you have again and check the Charges Register for 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 Bishopston and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with your conveyancing practitioner who carried out the work.
I'm purchasing a new build house in Bishopston with the aid of help to buy. The developers refused to reduce the price so I negotiated £7000 of extras instead. The sale representative told me not reveal to my conveyancer about the deal as it would affect my loan with the lender. Do I keep my lawyer in the dark?.
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 issue on a property I put an offer in two weeks back in what was supposed to be a quick, chain free conveyancing. Bishopston is the location of the property. What do you suggest?
Flying freeholds in Bishopston are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Bishopston 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 Bishopston may determine 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 residence.