Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Copse Hill?
There are many recorded licenced Conveyancers in Copse Hill and Solicitor firms in Copse Hill who can help with your conveyancing It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal work in the home buying process. The two can conduct other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
Please help - my lawyer advises that lack of planning permission insurance is needed on my purchase. What is the level of cover for Copse Hill conveyancing?
The appropriate level of lack of planning permission indemnity insurance depends on your lender. It would differ for example between National Westminster Bank and Virgin Money. Conveyancing solicitors as opposed to borrowers take out such policies.
Having read lots of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Copse Hill solicitor - who is on the Coventry BS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Coventry BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Coventry BS 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. Your property lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Copse Hill postcode. As you are getting a mortgage with Coventry BS, you could contact them to see if they have a list of approved surveyors in Copse Hill.
Me and my brother own a 4 bedroom Edwardian property in Copse Hill. Conveyancing practitioner acted for me and Alliance & Leicester . I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, the second leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Copse Hill and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the position with your conveyancing lawyer who completed the work.
I am buying my first flat in Copse Hill with a mortgage from Accord Mortgages Ltd. The developers would not reduce the amount so I negotiated £7000 of extras instead. The sale representative suggested that I not reveal to my lawyer about this deal as it will adversely affect my mortgage with Accord Mortgages Ltd. Should I keep quiet?.
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 issue on a property I have offered on a fortnight ago in what was supposed to be a quick, chain free conveyancing. Copse Hill is the location of the property. Is there any guidance you can give?
Flying freeholds in Copse Hill are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Copse Hill you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Copse Hill may ascertain 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 property.
I am a sole trader looking to take an assignment of a lease of an office on a shopping parade. Can you recommend lawyers offering no-move-no charges for non-domestic conveyancing in Copse Hill for under 1500k?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Copse Hill, including the disposal and purchase of businesses as well as simply property. If you are intending to purchase or lease a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right firm. Regarding the charges these will vary based on the structure and complexity of the proposed transaction. Let us have your details or phone us so that we may supply you with a detailed commercial conveyancing quote.
Living abroad I am unable to travel my Copse Hill conveyancing solicitors office to execute documents connected to my conveyancing in Copse Hill – will this be an issue?
Not a problem. Copse Hill conveyancing solicitors can deal with home moves for clients throughout the rest of the country. It is not necessary for you to be able to meet your lawyer in the flesh at a Copse Hill conveyancers office. They can deal with everything remotely from their Copse Hill office.