Finally the sale completed on my house in Bispham last July but the buyer keeps texting daily complaining that her conveyancer is waiting to hear from mine. What should my lawyer have done following completion?
Post completion of your disposal your conveyancer is committed to send the transfer deeds and all additional paperwork to the buyer’s lawyers. Where appropriate, your conveyancer should also confirm that the mortgage has been paid off to the buyers lawyers. There are no post completion formalities peculiar conveyancing in Bispham.
Various web forums that I have frequented warn that are the number one reason for obstruction in Bispham house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances during the legal transfer of property. Local searches are unlikely to feature in any slowing down conveyancing in Bispham.
I'm buying my first flat in Bispham with a mortgage from HSBC Bank. The builders would not move on the amount so I negotiated £7000 of fixtures and fittings instead. The property agent suggested that I not reveal to my solicitor about the extras as it could impact my mortgage 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'm converting the mortgage on my primary house to a BTL mortgage with The Mortgage Works and I will use the rest of the raised equity as a down payment on further property. The location we are interested in is Bispham. Will your solicitors be able to act for both sets of mortgage companies and tie in the conveyances?
Do use our search tool on this page to ensure that the lawyers are approved by both banks. On the basis that they are your solicitor will be able to simultaneously deal with the two conveyancing matters but you should have a chat with you conveyancer and specify your expectations and needs.
What can I do to discover who is the owner of a property in Bispham?
Assuming that the property is recorded at HMLR, and you have sufficient specifics of the location of the premises, you should be able to obtain details from the the Land Registry of the registered owner for a for less than a fiver.