Can your site be used to locate a Conveyancing solicitor in Frognal even where I’m not purchasing or disposing of a house, for instance if I wish to acquire an office in Frognal with a loan from Nationwide Building Society?
Our search tool is mainly used to select domestic conveyancing solicitors in Frognal but we have set out towards the bottom of this page some Frognal commercial conveyancing firms. You should enquire with the firm directly to check if they can also act for Nationwide Building Society
What can a local search reveal regarding the property my wife and I purchasing in Frognal?
Frognal conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search organisations for instance Onsearch The local search plays an important role in most Frognal conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your property. The search should supply data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic sections.
My wife and I have a 4 bedroom Edwardian property in Frognal. Conveyancing solicitor represented me and Bank of Scotland. I did a free Land Registry search last week and there are two entries: one for freehold, the second leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register for 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 Frognal and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with your conveyancing lawyer who conducted the conveyancing.
I am purchasing my first flat in Frognal with a loan from Birmingham Midshires. The sellers refused to reduce the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent told me not disclose to my solicitor about the extras as it may jeopardize my loan with the bank. 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've recently found out that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a quick, no chain conveyancing. Frognal is the location of the property. Is there any advice you can give?
Flying freeholds in Frognal are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Frognal you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Frognal may decide 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.
Do I need to be suspicious about brokers that I am dealing with are encouraging me to use an online conveyancing firm as opposed to a High Street Frognal conveyancing firm?
As is the case with lots of professional services, often suggestions from connections can be worth their weight in gold. Yet there are lots of parties with a keen interest in a conveyancing matter; estate agents, mortgage brokers and mortgage companies might all put forward lawyers to choose. On occasion the lawyers might be known to one of the organisations as experts in their field, but occasionally there might be a financial incentive behind the recommendation. You are free to choose your preferred lawyer. Don't forget that many lenders specify a panel list of lawyers you have to use for the lender aspect of your conveyancing.