A colleague informed me that in purchasing a property in Farnham Royal there could be various restrictions limiting what one can do in terms of external alterations to a property. Is this right?
There are a number of properties in Farnham Royal which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Farnham Royal should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I'm the single beneficiary of my late grandmother’s estate with all property in now in my sole name, including the my former home in Farnham Royal. Conveyancing formalities meant that the Land Registry date was in August. I plan to dispose of the property. I understand that there is a Mortgage Lenders 6 month 'rule', which means that my proprietorship could be treated the same way as if I'd bought the house in August. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be affected by that. Most mortgage companies would take a pragmatic view as this provision is chiefly there to capture subsales or the flipping of property.
We were going to get a OIP from Yorkshire BS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Yorkshire BS recommend any Farnham Royal solicitors on the Yorkshire BS conveyancing panel, or is it better to go independently?
You will need to appoint Farnham Royal solicitors independently although you'll need to choose one on the Yorkshire BS conveyancing panel. The solicitor represents both you and Yorkshire BS through the process.
I need some fast conveyancing in Farnham Royal as I have a deadline to exchange contracts inside one month. Fortunately I do not need a mortgage. Is it possible to avoid the conveyancing searches to save money and time?
As you are not taking a home loan you are at free not to have searches carried out although no lawyer would advise that you don't. With plenty of history conveyancing in Farnham Royal the following are examples of issues that can be revealed and adversely impact the marketability of the property: Enforcement Notices, Overdue Fees, Outstanding Grants, Unadopted Roads,...
I'm buying my first flat in Farnham Royal benefiting from help to buy. The builders refused to reduce the amount so I negotiated 6k of fixtures and fittings instead. The property agent suggested that I not reveal to my conveyancer about this deal as it will affect my mortgage with Barclays Direct. 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 into buying my first house which is in Farnham Royal and I am already nervous. I couldn't find anything specific about Farnham Royal. Conveyancing will be needed in due course but do you know about the Farnham Royal area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Farnham Royal. In the meantime here are some basic statistics that we found
I am looking for a conveyancing lawyer in Farnham Royal for my remortgage. Is there any facility to check a solicitor's record with the profession’s regulator?
One may search for presented Solicitor Regulator Association (SRA) decisions stemming from investigations from 2008 onwards. Visit Check a solicitor's record. To find details about the period before 1 January 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The SRA sometimes monitor call for training reasons.
My wife and I have chosen a Farnham Royal conveyancing solicitor for our home move (novice purchasers) and have noticed in the engagement letter that they are not covered by the Financial Conduct Authority. Should I be concerned or is that standard with solicitor?
We can't see why they should be. Most conveyancer don't lend money. You should check that they are regulated by the SRA, who dictate specific rules in relation to monies sitting in their bank.