We are purchasing a apartment in Newbury Park. I might seem paranoid but how we can trust a conveyancer? On the day of competition we have to deposit our life savings into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am buying a 3 bedroom semi in Newbury Park. Our aim is to carry out a loft conversion at the house.Will the conveyancing process involve enquiries to ascertain if these works are permitted?
Your conveyancer should review the registered title as conveyancing in Newbury Park will occasionally reveal restrictions in the title documents which prohibit categories of works or necessitated the permission of a 3rd party. Certain works need local authority planning consent and approval under the building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be wise to check these issues with a surveyor ahead of any purchase.
My partner and I have organised the release of further monies on our home loan from Co-operative as we wish to carry out a loft conversion to our property in Newbury Park. Do we need to select a high street Newbury Park solicitor on the Co-operative conveyancing panel to deal with the paperwork?
Co-operative do not ordinarily require a member of their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Co-operative list.
My colleague advised me that where I am buying in Newbury Park I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally quoted for as part of the standard Newbury Park conveyancing searches. It is not a small report of about 40 pages, listing and detailing significant information about Newbury Park around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Newbury Park Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful information regarding Newbury Park.
I purchased a 4 bedroom Edwardian house in Newbury Park. Conveyancing lawyer acted for me and Clydesdale. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold under the exact same address. I'd like to know for sure, how can I find out??
You need to review 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 Newbury Park and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with your conveyancing lawyer who conducted the conveyancing.
I'm buying a new build house in Newbury Park with the aid of help to buy. The developers refused to move on the price so I negotiated 6k of extras instead. The sale representative suggested that I not to tell my solicitor about the deal as it may affect my loan 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.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Newbury Park is the location of the property. Can you offer any advice?
Flying freeholds in Newbury Park are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Newbury Park you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Newbury Park may ascertain 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 residence.
Hoping to buy a property located in Newbury Park and I am already nervous. I couldn't find anything specific about Newbury Park. Conveyancing will be needed in due course but do you know about the Newbury Park area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Newbury Park. In the meantime here are some basic statistics that we found