Do banks and building societies provide you with an approved list of Burnham conveyancing solicitors? How do you know who is on the Santander conveyancing panel?
Burnham conveyancing firms themselves provide us confirmation that they are on the Santander conveyancing panel as opposed to being supplied with a list from Santander directly.
I just bought a house at auction in Burnham. Conveyancing is necessary. What happens now?
Having for all intents and purposes signed on the dotted line you now have to instruct a conveyancing lawyer quickly as you are facing a fast approaching deadline in which to complete the purchase. All auction property should have a bespoke legal set of papers. This will include evidence of title and search results. In the case of leasehold property the auction papers should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork pertinent to a leasehold property. You should hand this to the solicitor instructed by you at the earliest opportunity. You also need to ensure that you have funds organised to complete on the on the contractual date .
I am buying a end of terrace house in Burnham. We would like to carry out an extension to the side at the house.Will the conveyancing process involve enquiries to ascertain if these works were previously refused?
Your property lawyer should check the registered title as conveyancing in Burnham can occasionally identify restrictions in the title documents which prohibit certain alterations or necessitated the consent of a 3rd party. Certain additions call for local authority planning consent and approval in compliance with building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be wise to check these things with a surveyor prior to committing yourself to a purchase.
Can you help - my lawyer advises that missing deeds insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Burnham?
The right level of missing deeds indemnity insurance should be dictated by who who your lender is. It would differ for example between Halifax and Barnsley Building Society. Conveyancing practitioners as opposed to borrowers take out such policies.
It has been 2 months since my purchase conveyancing in Burnham completed. I have checked the Land Registry website 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 residence 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.
The estate agent has sent us the confirmation of our purchase of a new build flat in Burnham. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Burnham
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There must be mutual enforceability of lessee’s covenants. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
I have been on the look out for a flat up to £245,000 and found one near me in Burnham I like with a park and railway links nearby, however it's only got 61 years unexpired on the lease. I can't really find anything else in Burnham for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you need a mortgage that many years will be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.
My husband and I are new on the property ladder - agreed a price, but the agent has warned us that the owners will only proceed if we appoint their preferred lawyers as they need an ‘expedited deal’. Our preferred option is to instruct a local conveyancer used to conveyancing in Burnham
It is highly unlikely the sellers are behind this. If they want ‘a quick sale', taking such a hostile approach to a motivated purchaser is likely to cause more damage than good. Avoid the agents and go straight to the sellers and explain that (a)you are genuine purchasers (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you intend to instruct your own,trusted Burnham conveyancing firm - not the ones that will provide their estate agent a introducer fee or achieve conveyancing targets demanded by corporate headquarters.