I am purchasing a new build apartment in West Ealing and my conveyancer is telling me that she is duty bound to the bank to reveal incentives from the developer. I am on a tight deadline to sign contracts and I have no desire to prolong matters. 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 mortgage company 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.
I understand that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when acquiring a house in West Ealing? or I am told that there is an ancient law that means some owners of property living in a parish church boundary may be liable to contribute towards maintenance towards the chancel in proximity to the church. Is this relevant for conveyancing in West Ealing?
Unless a previous purchase of the house took place after 12 October 2013 you could assume that solicitors carrying out conveyancing in West Ealing to remain encouraging a chancel search and or chancel repair liability insurance.
I got the keys to my house on 8 September and my personal details are still not on the land registry website. Need I be worried? My conveyancing solicitor in West Ealing said it would be dealt with in a couple of weeks. Are titles in West Ealing uniquely lengthy to register?
As far as conveyancing in West Ealing is concerned, registration is no faster or slower than anywhere else in England and Wales. Rather than based on location, timeframes can adjust according to the party submitting the application, whether there are errors and if the Land registry must send notices to any interested persons or bodies. At present in the region of 80% of such applications are fully dealt with in less than three weeks but occasionally there can be protracted delays. Registration takes place after the purchaser is living at the premises therefore registration formalities is not typically an essential issue yet where there is a degree of urgency associated with the registration then you or your lawyers can communicate with the Registry to express the reasoning for an expedited registration.
Due to the encouragement of my in-laws I had a survey completed on a property in West Ealing in advance of instructing solicitors. I have been informed that there is a flying freehold element to the house. My surveyor has said that some mortgage companies tend refuse to issue a mortgage on this type of home.
It depends who your proposed lender is. Santander has different instructions for example to Nationwide. If you call us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in West Ealing. Conveyancing may be slightly more expensive based on your lender's requirements.
Am I better off to use a West Ealing conveyancing solicitor in close proximity to the house I am buying? We have a good friend who can carry out the legal work but her office is a couple of hundredkilometers drive away.
The primary upside of using a local West Ealing conveyancing firm is that you can drop in to sign documents, present your identification documents and pester them where appropriate. They will also have local insight which is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If if people you trust instructed your friend and the majority were impressed that must surpass using an unfamiliar West Ealing conveyancing solicitor just because they are round the corner.
What is the reason for new build conveyancing in West Ealing being more expensive?
Purchasing a new build home is significantly distinct from the normal house buying conveyancing in West Ealing. For a start developers normally demand contracts to exchange within a tight deadline, so there is a lot of pressure on your solicitor to ensure everything is in order. In addition new build conveyancing frequently necessitate the checking of adoption of highways, drains, planning considerations, building warranties or architects certificates. Bank requirements are also more detailed. Due to the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.