Having sold my house in Beaufort last January but the buyer keeps whats apping every few hours to moan that her conveyancer needs to hear from mine. What should have happened now that I have sold?
After completion of your disposal your lawyer should forward the transfer documentation and all additional paperwork to the buyer’s lawyers. Depending on the transaction, your solicitor must also confirm that the home loan has been paid off to the purchasers conveyancers. There are no post completion procedures just for conveyancing in Beaufort.
What is the optimum way to investigate if the solicitor handling my conveyancing in Beaufort is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Norwich and Peterborough Building Society thus paying £187.00 plus VAT in another set of conveyancing fees.
Please do make the most of the search tool on this page. Please choose the mortgage company and type ‘Beaufort’ or your location and you will see a number of lawyer based in Beaufort or nearest you.
I'm buying my first flat in Beaufort with a loan from Santander. The sellers would not reduce the price so I negotiated five thousand pounds worth of extras instead. The estate agent told me not disclose to my solicitor about the extras as it may jeopardize my mortgage with the lender. 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.
Over the last few months I have been searching for a flat up to £195,000 and found one close by in Beaufort I like with amenity areas and railway links in the vicinity, the downside is that it only has 51 years unexpired on the lease. There is not much else in Beaufort for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term will be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.
Can a conveyancer remove a person from the title of my property in Beaufort ?
Subtracting or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a property lawyer