Are there restrictive covenants that are commonly identified during conveyancing in Rise Park?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Rise Park. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am buying a new build house in Rise Park benefiting from help to buy. The sellers would not move on the price so I negotiated 6k of additionals instead. The house builders rep advised me not to tell my conveyancer about the side-deal as it will adversely affect my mortgage with the bank. Should I keep quiet?.
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.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a straight forward, no chain conveyancing. Rise Park is where the house is located. Can you offer any opinion?
Flying freeholds in Rise Park are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Rise Park you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rise 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 premises.
I am looking into buying my first house which is in Rise Park and I am already nervous. I couldn't find anything specific about Rise Park. Conveyancing will be needed in due course but do you know about the Rise 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 Rise Park. In the meantime here are some basic statistics that we found
My husband and I are 17 days into a residential purchase having been recommend to conveyancers by the estate agent to execute conveyancing in Rise Park. We are not happy. Could you you assist me in finding new conveyancers?
A conveyancer would have to be really poor in order to consider changing them. Has your mortgage been sent? If so you must make them aware of the replacement solicitor and have the mortgage documents are re-sent. Your solicitor ideally should be on the banks panel to avoid supplemental expenses and delays. That should be your starting point. Our find a solicitor tool can help you find a lender approved solicitor for your home move in Rise Park
Can you offer any advice when it comes to finding a Rise Park conveyancing practice to deal with our lease extension?
If you are instructing a property lawyer for your lease extension (regardless if they are a Rise Park conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of conveyancing. We recommend that you make enquires with several firms including non Rise Park conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be helpful:
What are the costs for lease extension work? How familiar is the practice with lease extension legislation?
I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can one apply to the Leasehold Valuation Tribunal? Can you recommend a Rise Park conveyancing firm to act on my behalf?
Most definitely. We can put you in touch with a Rise Park conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Rise Park property is Flat b 14 Kemble Road in May 2014. The Tribunal assessed the value of the premium payable for the lease extension to be £9,761 This case affected 1 flat.