Having sold my house in Braunstone last December yet the purchaser is e-mailing daily complaining that his lawyer needs to hear from mine. What should have happened now that I have sold?
Following your sale your conveyancer should send the transfer documentation and all of the paperwork to the buyer’s lawyers. Where appropriate, your conveyancer should also evidence that the mortgage has been repaid to the purchasers conveyancers. There is unlikely to be post completion formalities unique to conveyancing in Braunstone.
It has been 2 months following my purchase conveyancing in Braunstone took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am purchasing my first flat in Braunstone benefiting from help to buy. The sellers would not move on the price so I negotiated £7000 of extras instead. The house builders rep told me not to tell my conveyancer about this deal as it will affect my loan with HSBC Bank. 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.
I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a quick, chain free conveyancing. Braunstone is the location of the property. Can you shed any light on this issue?
Flying freeholds in Braunstone are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Braunstone you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Braunstone 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 have been recommended by numerous selling agents in Braunstone to select a conveyancer on your site. Is there a financial advantage for Estate Agents to market your site over and above a competitor’s?
We don’t give any financial incentive for pointing buyers and sellers to this site. We thought it would be too underhand a fee because home movers will think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
Having had my offer accepted I require leasehold conveyancing in Braunstone. Before diving in I want to be sure as to the number of years remaining on the lease.
Assuming the lease is registered - and most are in Braunstone - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Braunstone Leasehold Conveyancing - Sample of Queries before Purchasing
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Are there any major works in the near future that will likely increase the maintenance charges? How much is the ground rent and service charge?