I appreciate that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when acquiring a house in Bolsover? or Apparently there is a law dating back centuries that means some owners of property living in a parish church boundary will be compelled to contribute towards maintenance to the chancel in proximity to the church. Is this suitable for conveyancing in Bolsover?
Unless a previous acquisition of the property took place post 12 October 2013 you can expect conveyancing practitioners carrying out conveyancing in Bolsover to continue to suggest a chancel search and or insurance against a claim.
I am buying a new build house in Bolsover with a mortgage from TSB. The developers refused to move on the price so I negotiated 6k of fixtures and fittings instead. The estate agent told me not to tell my conveyancer about this deal as it may affect my mortgage with the lender. Do I keep my lawyer in the dark?.
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.
Over the last few months I have been searching for a leasehold apartment up to £305k and identified one near me in Bolsover I like with amenity areas and transport links nearby, however it only has 52 years on the lease. There is not much else in Bolsover in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a home loan the remaining unexpired lease term will be an issue. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
As co-executor for the estate of my uncle I am selling a house in Swansea but I am based in Bolsover. My lawyer (approximately 300 kilometers awayneeds me to execute a stat dec before the transaction finalising. Can you recommend a conveyancing lawyer in Bolsover to attest and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are Bolsover based
Should one as executor remove a deceased person's name from the title deeds for a property in Bolsover?
Where a Bolsover property is co-owned and one of the proprietors passes away, the name will not immediately be removed from the Land Registry title. You are not required to amend the title as in the event of a sale your conveyancer would simply need to supply proof why the co proprietor is missing from the contract, such as the probate documents.
With a view to making the sale conveyancing simpler for the sale of the property you can arrange to have the deceased person erased from the title entries by applying to HMLR with evidence of the death. There is no charge from the Registry for this service.