We hope to to buy with Coventry BS. We have called around locally but am unable to find a Clifton Village conveyancing firm on the Coventry BS approved list. Can you help?
Feel free to take advantage of the find a lender approved solicitor tool on this site. Please choose the building society and type Clifton Village or your preferred area and you will discover numerous conveyancers offices in Clifton Village or near you.
I am aiming to move house in November. Does my conveyancing solicitor update the removal company on the day of completion. Incidentally, can you recommend a removal company in Clifton Village. Conveyancing solicitor was chosen before I stumbled across your page.
On the day of completion you can pick up the keys from your property agent however this should only be done when the sellers lawyers advise the agent that they acknowledge receipt of the completion payment and the keys can be collected. You should advise the removal men that they can start moving you in. We are not in a position to recommend a specific removal company but can help you find a conveyancing in Clifton Village or a legal practice with expertise in conveyancing in Clifton Village.
I happen to be the sole recipient of my late grandmother’s estate and I have everything in my name alone, including the my former home in Clifton Village. The Clifton Village property was put into my name in August. I plan to dispose of the property. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my proprietorship will be regarded the same way as though I had purchased the house in August. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be caught by that. How practical a view banks take of it, depend on the bank as this provision principally exists to capture subsales or the flipping of property.
After shopping around on the internet I have found a Clifton Village conveyancer having made sure that they are on the Nottingham conveyancing panel. Does my lawyer arrange the survey of the property?
Nottingham will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nottingham will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Clifton Village surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Will my lawyer be raising enquiries about flooding during the conveyancing in Clifton Village.
The risk of flooding is if increasing concern for solicitors dealing with homes in Clifton Village. Plenty of people will acquire a house in Clifton Village, completely aware that at some time, it may suffer from flooding. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or sell the property. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Conveyancers are not qualified to give advice on flood risk, but there are a various searches that can be undertaken by the purchaser or on a buyer’s behalf which can give them a better understanding of the risks in Clifton Village. The conventional set of information supplied to a buyer’s solicitor (where the Conveyancing Protocol is adopted) contains a usual inquiry of the seller to discover if the premises has historically flooded. If flooding has previously occurred and is not revealed by the seller, then a buyer may commence a claim for damages stemming from an incorrect reply. A buyer’s solicitors will also carry out an environmental search. This should indicate if there is a recorded flood risk. If so, more detailed investigations should be carried out.
4 months have gone by since my purchase conveyancing in Clifton Village took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. 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.
Due to the encouragement of my in-laws I had a survey completed on a property in Clifton Village ahead of instructing solicitors. I have been told that there is a flying freehold element to the house. My surveyor advised that some mortgage companies tend not give a mortgage on a flying freehold premises.
It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. Should you wish to call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Clifton Village. Conveyancing will be smoother if you use a solicitor in Clifton Village especially if they are accustomed to such properties in Clifton Village.
I am short of a 10% deposit on my house purchase in Clifton Village , but I still want to exchange. Do I have options?
One option is to try and agree a lower deposit. Many vendors will agree to a smaller deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last moment