Do I select a Licenced Conveyancer or Solicitor for conveyancing in Chathill?
There are many registered licenced Conveyancers in Chathill and Solicitor firms in Chathill to choose from It is important to make clear that both are regulated professionals specialising in the legal aspects of transferring property. Both can handle other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
I have decided to exercise my right to buy my property in Chathill off the council. I have a mortgage agreed with UBS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
At last I have had an offer on a maisonette in Chathill agreed to, but there is a chain. The owners have put an offer on on an apartment, but it’s not been accepted yet, and are looking at other apartments in the pipeline. I have selected a local conveyancing solicitor in Chathill. What should be my next step? At what stage do I apply for the mortgage with Co-operative?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is in the region of £1k, then survey, Chathill conveyancing search fees, etc). First, you must ensure that your property lawyer is on the Co-operative conveyancing panel. Concerning the next phase this very much depends on the circumstances of your case, desire for this property and on the state of the market. In a rising market some home buyers would apply for a home loan with Co-operative and pay for the valuation and only if it comes back ok would they pay their conveyancing practitioner to proceed with the conveyancing in Chathill.
It has been four months since my purchase conveyancing in Chathill concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. 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 Chathill with the aid of help to buy. The developers would not reduce the price so I negotiated £7000 of additionals instead. The sale representative suggested that I not disclose to my solicitor about this side-deal as it would put at risk my loan with National Westminster Bank. Is this normal?.
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 property I have offered on last month in what should have been a quick, no chain conveyancing. Chathill is where the house is located. What do you suggest?
Flying freeholds in Chathill are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chathill you would need to get your solicitor to go 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 Chathill 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.
In my capacity as executor for the will of my grandfather I am disposing of a property in Monmouth but I am based in Chathill. My conveyancer (who is 200 miles awayrequires that I execute a stat dec ahead of completion. Can you recommend a conveyancing practitioner in Chathill who can attest and place their company stamp on the document?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are Chathill based
I acquired a house in Chathill last 24/9/2024 and to date it is still not recorded with HMLR. It was part of a development site and my property lawyer told me that it may take 12 months to register. I have called HM Land Registry directly and they say that the initial application was cancelled due to questions not being addressed in time. What can I do?
It is your conveyancing practitioner that you must get in touch with in order to satisfy any concerns which have been raised as part of the registration process for your Chathill property. Normal Chathill conveyancing practice includes an undertaking on the part of the seller's lawyer that they will help resolve any requirements raised by HMLR so it may be a case of seeking to enforce that undertaking in some way.