My partner’s step-father is a conveyancer. I expect that I will receive preferential pricing for conveyancing, However if that does not come through, what kind of costs should I be expecting for conveyancing in Gamlingay?
Do compare pricing. Make use of our search tool on this page. You will notice that quotes seem to be different but the service one can expect differ between property lawyers as is the case with the vast majority of professional services.
My fiance and I swapping mortgage lender for our apartment in Gamlingay with Aldermore. We have a son 19 who lives with us. Our solicitor requested us to identify any adults other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, waiving any legal rights in the event that the apartment is forfeited by the lender. I have two questions (1) Is this document specific to the Aldermore conveyancing panel as he did not need to sign this form when we remortgaged 4 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your Aldermore conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Aldermore. This is solely used to protect Aldermore if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Aldermore had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
My wife and I purchased a semi-detached Georgian property in Gamlingay. Conveyancing solicitor acted for me and The Mortgage Works. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold under the matching property. I thought I was buying a freehold how can I check?
You need to read 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 Gamlingay and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with your conveyancing solicitor who conducted the conveyancing.
Just had an offer accepted on a new build flat in Gamlingay. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Gamlingay
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please confirm the Lease plans are surveyor prepared.
Due to the guidance of my in-laws I had a survey completed on a property in Gamlingay in advance of appointing solicitors. I have been informed that there is a flying freehold element to the house. The surveyor has said that some banks may not give a mortgage on such a home.
It varies from the lender to lender. Lloyds has different instructions for example to Birmingham Midshires. If you call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Gamlingay. Conveyancing may be slightly more expensive based on your lender's requirements.
I bought a house in Gamlingay last 2/12/2024 and to date it is still not registered with HM Land Registry. It was part of a development site and my lawyer told me that it may take twelve months to register. I have contacted HM Land Registry directly and they have informed me the initial application was cancelled due to questions not being addressed in time. What can I do?
get in touch with your property lawyer - Where you are unsatisfied with the responses, find out about their firm’s complaints protocol and amplify your problem to a Partner. Registrations for Gamlingay conveyancing are not known to be significantly delayed.