I am about to complete on the purchase of a house in Warsash but as a result of wreckage from a small fire at the property I have was able negotiate compensation from the vendor of six thousand pounds in the form of a adjustment in the price. I had intended this to be dealt with as part of a side agreement yet UBS are not allowing this. Should they have been approached?
Any conveyancing practitioner that is on a UBS approved list is duty bound to inform UBS of any variations to the sale price. If you prohibit your solicitor to report the reduction to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new conveyancing practitioner for your conveyancing in Warsash.
I am selling our property in Warsash and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. A local lawyer would know that there is no such problem. For the life of me I don't know why the purchasers used a national conveyancing outfit as opposed to a conveyancing solicitor in Warsash. Having lived in Warsash for three years we know that this is a non issue. Should we get in touch with our local Authority to obtain confirmation that there is no issue.
It sounds as though you may have a conveyancing solicitor currently acting for you. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
Me and my brother own a terraced Georgian property in Warsash. Conveyancing lawyer acted for me and Lloyds TSB Bank. I happened to do a free search for it on the Land Registry database 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 review 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 Warsash and other areas of 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 buyers. You can also check the situation with your conveyancing lawyer who conducted the purchase.
Due to the input of my in-laws I had a survey completed on a house in Warsash prior to instructing lawyers. I have been advised that there is a flying freehold element to the house. The surveyor has said that some banks may refuse to give a loan on such a premises.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. If you e-mail us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Warsash. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Warsash to see if the conveyancing will be more expensive.
As co-executor for the estate of my father I am disposing of a house in Swansea but I am based in Warsash. My solicitor (approximately 300 kilometers from mehas requested that I sign a stat dec prior to the transaction finalising. Can you recommend a conveyancing lawyer in Warsash to attest this legal document for me?
Technically speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will be fine regardless of whether they are based in Warsash
Finally our conveyancing in Warsash is completing next Friday, yet the owners I am purchasing off wishes to move out on the Saturday noon. Do I agree to such a idea?
You can't complete on a Saturday due to the bank systems are not operational.