Just acquired a detached house in Fairwater , What is the estimated time for the Land Registry to record my ownership? My Fairwater conveyancing solicitor has been very slow, so I want to be sure that my name is registered.
There is nothing unique when it comes to conveyancing in Fairwater registration formalities. As opposed to being determined by geographic area, timescales can vary depending on who lodges the application, whether it is in order and if the Land registry communicate with any 3rd persons or bodies. Currently roughly 80% of such applications are fully addressed within 12 days but occasionally there can be extensive delays. Historically registration takes place after the new owner is living at the premises thus registration formalities is not usually top priority but if it is urgent that the the registration takes place urgently then you or your conveyancer should communicate with the Registry to express the reasoning for the application to be prioritised.
I am purchasing my first flat in Fairwater benefiting from help to buy. The sellers would not budge the amount so I negotiated five thousand pounds worth of extras instead. The house builders rep told me not reveal to my conveyancer about this side-deal as it would impact my loan with the bank. Is this normal?.
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.
Due to the advice of my in-laws I had a survey completed on a house in Fairwater before appointing solicitors. I have been advised that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies tend not give a loan on such a premises.
It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. If you call us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Fairwater. Conveyancing will be smoother if you use a solicitor in Fairwater especially if they are acquainted with such properties in Fairwater.
Given that I am about to part with hundreds of thousands of pounds on a two bedroom apartment in Fairwater I would like to have a conversation with the lawyer regarding thetransaction prior to instructing the firm. Is this something that you can arrange?
We could not agree more - we would be pleased to talk to you we do not take any clients on without you first talking to the conveyancer who will be doing your conveyancing in Fairwater.There is no ‘factory style conveyancing’ - each client is an important individual, not a case number. The solicitors that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Fairwater should be the figure that you are charged.
My cousin has recommend that I instruct his lawyers for conveyancing in Fairwater. Should I use them?
No doubt the best way to select a conveyancing practitioner is to get recommendations from friends or relatives who have actually used the conveyancer that you are contemplating using.