We are buying a house and the solicitor has mentioned Chancel Repair to which the property may be liable given it’s proximity to the area of such a church. She has mentioned insurance. Is this strictly warranted for conveyancing in Whitwick
Unless a prior purchase of the premises completed after 12 October 2013 you can assume that lawyers conducting conveyancing in Whitwick to continue to advocate a chancel search and or chancel repair liability policy.
Are there restrictive covenants that are commonly identified as part of conveyancing in Whitwick?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Whitwick. 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 Whitwick with the aid of help to buy. The sellers refused to move on the amount so I negotiated five thousand pounds worth of extras instead. The property agent told me not inform my lawyer about the deal as it will jeopardize my loan 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've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Whitwick is the location of the property. Can you offer any advice?
Flying freeholds in Whitwick are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Whitwick you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Whitwick may determine 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'm refinancing my existing property to a BTL loan with Godiva Mortgages Ltd and I will use the rest of the raised equity as a deposit on a second property. The neighborhood we are interested in is Whitwick. Will your conveyancers be able to act for the two banks and tie in the conveyances?
Make use of our comparison tool on this site to ensure that the solicitors are on the relevant lender panels. On the basis that they are your solicitor should be able to connect the two deals but you should have a chat with you conveyancer and make clear your expectations and requirements.
Do online conveyancing organisations undertake everything a high street Whitwick solicitor does or must I employ a solicitor for the final stages for my conveyancing in Whitwick?
Where you use an online conveyancer they will cover all the tasks your Whitwick conveyancer would cover.