I am purchasing a new build flat in Barnt Green. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Barnt Green you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Barnt Green.
My colleague suggested that if I am purchasing in Barnt Green I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes quoted for as part of the standard Barnt Green conveyancing searches. It is not a small report of more than thirty pages, listing and setting out important information about Barnt Green around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Barnt Green Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data concerning Barnt Green.
I'm purchasing my first flat in Barnt Green benefiting from help to buy. The builders would not move on the price so I negotiated £7000 of additionals instead. The sale representative suggested that I not inform my solicitor about this extras as it may affect my loan with Godiva Mortgages Ltd. Is this normal?.
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 have offered on two weeks back in what should have been a simple, chain free conveyancing. Barnt Green is the location of the property. Can you offer any advice?
Flying freeholds in Barnt Green are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Barnt Green you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Barnt Green 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.
My step-father has recommend that I instruct his conveyancers in Barnt Green. Should I choose my own property lawyer?
There are no two ways about it the ideal way to find a conveyancing solicitor is to seek guidance from friends or family who have experience in using the solicitor that you are considering.