I am purchasing a house and the conveyancer has referenced Chancel Repair for which the property may be liable as it falls into the area of such a church. She has suggested insurance. Is this really warranted for conveyancing in Marple Bridge
Unless a previous acquisition of the premises completed after 12 October 2013 you may assume that lawyers handling conveyancing in Marple Bridge to remain encouraging a chancel search and or chancel repair liability policy.
It has been 4 months since my purchase conveyancing in Marple Bridge concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm purchasing a new build house in Marple Bridge with the aid of help to buy. The builders refused to budge the amount so I negotiated £7000 of additionals instead. The sale representative advised me not inform my solicitor about this deal as it will impact my mortgage with the bank. Is this normal?.
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.
Due to the advice of my in-laws I had a survey completed on a property in Marple Bridge ahead of appointing conveyancers. I have been told that there is a flying freehold overhang to the house. The surveyor has said that some mortgage companies may refuse to grant a loan on a flying freehold house.
It depends who your proposed lender is. Lloyds has different requirements from Nationwide. If you e-mail us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Marple Bridge. Conveyancing may be slightly more expensive based on your lender's requirements.
My husband and I are 14 days into a leasehold purchase having been referred to a firm by the estate agent to perform conveyancing in Marple Bridge. I am am starting to be frustrated with the quality of service. Could you help me find new solicitors?
They would have to be very poor to suggest replacing them. Has the mortgage been issued? If so you need to inform them of the replacement lawyer and have the mortgage documents are issued to the new lawyers. The solicitor ideally needs to be on the banks approved list to avoid added charges and frustration. So that should be your starting point. Our find a solicitor tool will help you find a lender approved lawyer for your home move in Marple Bridge
We are looking to buy a repression property in Marple Bridge and the bank selling would like to complete within a month. Do lawyers meet that timeframe? Would it be better to use a local Marple Bridge firm or an online firm that professes to offer speedy conveyancing?
Attend your Marple Bridge shopping parade. Pop in to 3 companies and request to talk to a conveyancing solicitor for an estimate. Discuss your situation and try and obtain assurances on deadlines. Appoint the one that appears most genuine. You need to use a conveyancer on the panel of conveyancers approved by your lender.