My partner’s mother is a property lawyer. I hope that I will be offered preferential rates for conveyancing, but if not, what level of figure would I typically be looking at for conveyancing in Great Yarmouth?
Do compare pricing. Make use of our comparison tool on this site. Whilst estimates seem to be different but service levels do differ between conveyancers as is true with the vast majority of professional services.
Our nephew is about to exchange on a house that has just been built in Great Yarmouth with a home loan from Skipton. His solicitor has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The form is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Skipton conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Skipton conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I purchased a 4 bedroom Edwardian house in Great Yarmouth. Conveyancing solicitor acted for me and Lloyds TSB Bank. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold under the exact same address. Is it worth asking Lloyds TSB Bank to clarify?
You need to read 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Great Yarmouth and other locations in 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 purchasers. You can also check the situation with the conveyancing lawyer who conducted the work.
I'm buying a new build house in Great Yarmouth with a loan from Britannia. The sellers would not budge the price so I negotiated £7000 of fixtures and fittings instead. The estate agent told me not disclose to my lawyer about this deal as it will jeopardize my loan with the bank. Is this normal?.
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 decided to have a survey completed on a property in Great Yarmouth prior to appointing solicitors. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some banks tend refuse to give a loan on such a property.
It depends who your proposed lender is. Santander has different instructions from Nationwide. If you call us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Great Yarmouth. Conveyancing will be smoother if you use a solicitor in Great Yarmouth especially if they are accustomed to such properties in Great Yarmouth.
I am a FTB in Great Yarmouth, just starting to look for a home. I am in need of a Great Yarmouth conveyancing solicitor. The family lawyer is based in Jersey and unable to assist.Is it possible for you to suggest a cheap Great Yarmouth lawyer that can help us as well as represent Santander?
LenderPanel.com is restricted to being a directory service for conveyancing practitioners who wish to be listed as being on the approved conveyancing panel for Santander in certain locations such as Great Yarmouth . We dont recommend any specific lawyer.