AssumingI was to purchase a simple residential propertyin Tintagel mortgage fee and have no survey and no conveyancing searches how much would I expect to to save on my conveyancing in Tintagel?
Any savings you would achieve will be limited to the Tintagel conveyancing searches. Your property lawyer still be obliged to do everything else - money laundering, liaising with the vendors conveyancing practitioner, stamp duty submission, register the property etc. A slight saving might be made by not needing to register a mortgage but it will not be a lot.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Tintagel?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Tintagel. 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 purchasing my first flat in Tintagel with a mortgage from Halifax. The developers refused to reduce the price so I negotiated 6k of fixtures and fittings instead. The sale representative suggested that I not inform my lawyer about this side-deal as it will put at risk 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.
I decided to have a survey done on a property in Tintagel before instructing conveyancers. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some lenders may refuse to give a loan on a flying freehold house.
It varies from the lender to lender. Lloyds has different instructions for example to Halifax. If you e-mail us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Tintagel. Conveyancing may be slightly more expensive based on your lender's requirements.
How do I locate a Tintagel law firm on the Barclays conveyancing panel? I have wheels and am happy to travel upto 25kilometers to meet the conveyancer.
You can use the tool on this website. Please choose the bank and your location and you will see a number of Tintagel conveyancing lawyers based on proximity. We have detailed some Tintagel conveyancing firms towards the end of this page and you can call them to check if they are on the Barclays approved list
Our conveyancing in Tintagel completes on Friday, but the vendors I am buying off wants to vacate the next day at PM. Can I agree to such a plan?
Where you are having a mortgage then your lawyer will demand that you have vacant possession on Friday - the bank will require it.