I am close to exchanging contracts on the sale of our house in Brimsdown and according to the buyers it appears that there is a risk of it being built on contaminated land. A high street Brimsdown conveyancer would know this is not the case. It does beg the question why the purchasers instructed an internet conveyancing firm rather than a conveyancing solicitor in Brimsdown. Having lived in Brimsdown for 5 years we know of no issue. Is it a good idea to contact our local Authority to get confirmation that the buyers are looking for.
It would appear that you have a conveyancing lawyer already. Are they able to advise? You need to enquire of 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 life insurance to cover that same ailment)
I am buying a new build house in Brimsdown with a mortgage from Platform Home Loans Ltd. The developers would not move on the price so I negotiated five thousand pounds worth of additionals instead. The estate agent told me not to tell my conveyancer about this extras as it could affect my loan with the lender. Should I keep quiet?.
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 am looking for a leasehold apartment up to £235,500 and identified one close by in Brimsdown I like with open areas and railway links nearby, however it's only got 52 remaining years left on the lease. I can't really find anything else in Brimsdown for this price, so just wondered if I would be making a grave error buying a short lease?
Should you require a home loan the remaining unexpired lease term may be a potential deal breaker. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
Should I be suspicious that estate agents that I am dealing with are encouraging me to use an internet conveyancing firm rather than a local Brimsdown conveyancing company?
As is the case with lots of professional services, often recommendations from connections can be very helpful. Nevertheless there are lots of players in a conveyancing transaction; estate agents, mortgage brokers and mortgage companies may put forward conveyancers to appoint. Sometimes these conveyancers might be known to one of the organisations as being good in their field, but occasionally there might be a financial incentive behind the recommendation. You have the discretion to appoint your preferred conveyancer. However, bear in mind that most lenders specify a panel list of law firms you have to use for the mortgage related work in your house move.
As co-executor for the estate of my father I am selling a residence in Monmouth but I am based in Brimsdown. My solicitor (who is 200 miles awayhas requested that I execute a stat dec before completion. Can you recommend a conveyancing lawyer in Brimsdown who can witness this legal document for me?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will be fine regardless of whether they are Brimsdown based
Is it the case that all Brimsdown conveyancers on every lender conveyancing panel?
You can use our search tool or you can go into your high street lender branch in Brimsdown. the probability is that they can recommend conveyancing solicitors in Brimsdown