We are purchasing a newly built flat in Wells Next The Sea and my conveyancer is advising me that she has to the bank to reveal incentives from the builder. I am under pressure to exchange and my preference is not to prolong the conveyancing. Is my lawyer right?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
It is 10 years ago since I bought my house in Wells Next The Sea. Conveyancing lawyers have recently been appointed on the sale but I can't track down my title deeds. Is this a problem?
You need not be too concerned. First there is a chance that the deeds will be kept by the lender or they could be archived with the solicitor who handled the purchase. Secondly the chances are that the property will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors acquiring up to date copy of the land registers. Nearly all conveyancing in Wells Next The Sea involves registered property but in the unlikely event that your home is not registered it adds to the complexity but is resolvable.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Wells Next The Sea. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 21/6/2025, the requirements read as follows :
We are planning to move property in September. Will my conveyancing solicitor liaise with the removal company on the day of completion. On a separate note, can you suggest a removal company in Wells Next The Sea. Conveyancing firm was found prior to coming across your site.
On the afternoon of completion you can pick up the keys from your estate agent however this can only occur after the vendors solicitors advise the agent that they have the completion monies and the keys can be released. After that you can advise the removal company that you are ready to move in. We are not in a position to suggest a particular removal company but can assist you in locating a residential property solicitor in Wells Next The Sea or a lawyer that specialises in conveyancing in Wells Next The Sea.
I am buying a end of terrace house in Wells Next The Sea. Our aim is to convert the garage to a playroom at the house.Will the conveyancing process involve enquiries to see if these alterations are allowed?
Your solicitor will check the registered title as conveyancing in Wells Next The Sea will occasionally reveal restrictions in the title documents which restrict certain works or necessitated the permission of a 3rd party. Some extensions call for local authority planning permissions and approval in accordance building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be prudent to check these things with a surveyor ahead of any purchase.
Intending to buy a maisonette in Wells Next The Sea. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Aldermore conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Wells Next The Sea conveyancer is on the Aldermore conveyancing panel.
What does a local search reveal about the property I am purchasing in Wells Next The Sea?
Wells Next The Sea conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search company such as Xpress Legal The local search plays an important role in many a Wells Next The Sea conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your property. The search will provide information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
I am purchasing a new build house in Wells Next The Sea with the aid of help to buy. The developers refused to budge the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative suggested that I not reveal to my solicitor about this side-deal as it may affect my mortgage with the lender. Do I keep my lawyer in the dark?.
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.