My partner’s dad is a conveyancer. I expect that I can be offered preferential pricing for conveyancing, but if not, what level of figure should I be paying for conveyancing in Wigston?
Do compare pricing. Do use our comparison tool on this site. Whilst charges seem to contrast greatly but the service one can expect differ between property lawyers as is the case with most professions.
We are downsizing from our home in Wigston and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any high street Wigston conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers used an internet conveyancing outfit rather than a conveyancing solicitor in Wigston. We have lived in Wigston for three years we know of no issue. Is it a good idea to get in touch with our local Authority to seek confirmation need.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You must 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 life insurance to cover that same illness)
The deeds to our house are lost. The conveyancers who did the conveyancing in Wigston 10 years ago have long since closed. What do I do?
Gone are the days when you need to hold title official documentation to evidence that you are the registered proprietor of land or premises, given that the Land Registry hold details of all registered land or property electronically.
I'm purchasing my first flat in Wigston with the aid of help to buy. The developers refused to budge the amount so I negotiated £7000 of fixtures and fittings instead. The property agent advised me not reveal to my solicitor about the side-deal as it will adversely affect my loan with Bank of Scotland. Should I keep quiet?.
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.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a quick, no chain conveyancing. Wigston is the location of the property. Is there any advice you can give?
Flying freeholds in Wigston are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Wigston you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wigston may ascertain 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 property.
I am on look out for some leasehold conveyancing in Wigston. Before I get started I would like to find out the unexpired term of the lease.
If the lease is recorded at the land registry - and most are in Wigston - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Wigston Leasehold Conveyancing - A selection of Queries Prior to Purchasing
-
Does the lease have onerous restrictions? The prefered form of lease structure is if the freehold reversion is owned by the leaseholders. In this situation the leaseholders enjoy control and notwithstanding that a managing agent is frequently employed if it is larger than a house conversion, the managing agent is directed by the tenants. Are any of leasehold owners in arrears of their service charge liability?