What does a local search tell me regarding the property we're purchasing in Axminster?
Axminster conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search company for instance Xpress Legal The local search plays a central part in many a Axminster conveyancing purchase; that is if you wish to avoid any unpleasant once you have moved into your new home. The search should supply information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
Are there restrictive covenants that are commonly identified during conveyancing in Axminster?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Axminster. 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'm buying my first flat in Axminster with a loan from HSBC Bank. The builders refused to reduce the price so I negotiated five thousand pounds worth of extras instead. The estate agent told me not disclose to my lawyer about this side-deal as it could adversely affect my loan with HSBC 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 decided to have a survey completed on a house in Axminster ahead of instructing conveyancers. I have been informed that there is a flying freehold overhang to the house. Our surveyor has said that some lenders will refuse to issue a loan on such a property.
It depends who your proposed lender is. HSBC has different instructions from Nationwide. If you contact us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Axminster. Conveyancing will be smoother if you use a solicitor in Axminster especially if they are accustomed to such properties in Axminster.
In what way can the Landlord & Tenant Act 1954 impact my commercial property in Axminster and how can you help?
The particular law that you refer to gives protection to business lessees, granting the a statutory right to apply to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Axminster is one of our numerous locations in which the firms we work with are located