Do I have to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will choose one who does conveyancing in Wick so that I can pop in to their offices when needed.
As opposed to ten years ago, most banks no longer oblige their conveyancing panel solicitor to witness the borrowers signature. It will still be necessary for you to hand over ID documents and there are still distinct benefits to using a local ayer, in your situation a conveyancing solicitor in Wick.
I am buying a property and the lawyer has identified Chancel Repair for which the property may be liable as it falls into the area of such a church. She has suggested insurance. Is this strictly required for conveyancing in Wick
Unless a previous purchase of the property completed after 12 October 2013 you could assume that conveyancing practitioners delivering conveyancing in Wick to remain recommending a chancel search and or insurance against a claim.
I bought my home on 16 October and my personal details are still not registered. Need I be worried? My conveyancing solicitor in Wick advises it should be dealt with in a couple of weeks. Are transfers in Wick uniquely lengthy to register?
As far as conveyancing in Wick is concerned, registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timeframes can vary subject to the party submitting the application, whether there are errors and if the Land registry must send notices to any interested persons or bodies. As of today approximately 80% of submission are fully addressed within two weeks but occasionally there can be protracted hold-ups. Registration takes place after the new owner has moved in to the premises therefore registration formalities is not usually an essential issue yet where it is urgent that the the registration takes place urgently then you or your conveyancer should speak with the land registry and explain the circumstances.
I am buying a new build house in Wick benefiting from help to buy. The developers would not reduce the amount so I negotiated 6k of additionals instead. The sale representative advised me not disclose to my solicitor about this side-deal as it may jeopardize my mortgage with Nottingham Building Society. Do I keep my lawyer in the dark?.
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.
How do I use the search facility to choose a conveyancing solicitor in Wick on the authorised to act for my bank?
1st choose a bank such as Lloyds TSB Bank, The Royal Bank of Scotland or Aldermore then type in your location e.g. Wick. Conveyancing practices in Wick and further afield should be shown.
I am a negotiator for a busy estate agent office in Wick where we have experienced a number of flat sales jeopardised as a result of short leases. I have been given inconsistent advice from local Wick conveyancing firms. Could you shed some light as to whether the seller of a flat can start the lease extension formalities for the buyer?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Wick Leasehold Conveyancing - Sample of Queries before buying
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Who are the managing agents? The answer will be useful as a) areas can result in problems for the building as the communal areas may begin to deteriorate if services are not paid for b) if the leasehold owners have an issue with the running of the building you will want to have all the details