Completed the sale of my flat in Cannington last August but my buyer keeps SMS messaging daily complaining that their solicitor needs to hear from mine. What are the post completion sale formalities following completion?
Following your disposal your solicitor is obliged to deliver the transfer deeds and all additional paperwork to the buyer’s conveyancer. Depending on the transaction, your lawyer must also send confirmation that the mortgage has been repaid to the buyers solicitors. There is unlikely to be post completion requirements unique to conveyancing in Cannington.
I am buying a property and the solicitor has identified Chancel Repair for which the house could be obligated to pay because it falls into the area of such a church. She has suggested insurance. Is this strictly required for conveyancing in Cannington
Unless a previous purchase of the premises completed after 12 October 2013 you can expect solicitors carrying out conveyancing in Cannington to remain recommending a chancel search and or insurance against a claim.
I am purchasing a new build house in Cannington with the aid of help to buy. The developers would not move on the price so I negotiated £7000 of fixtures and fittings instead. The estate agent told me not inform my conveyancer about the side-deal as it could jeopardize my loan with the 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.
Due to the guidance of my in-laws I had a survey completed on a house in Cannington prior to instructing lawyers. I have been informed that there is a flying freehold overhang to the house. The surveyor has said that some banks will refuse to issue a mortgage on such a house.
It depends who your proposed lender is. Lloyds has different requirements for example to Birmingham Midshires. If you contact us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Cannington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Cannington to see if the conveyancing will be more expensive.
There are numerous houses in Cannington on unadopted roads. My wife and I are purchasing one such house. What would be the pros and cons of buying a residence on a private road?
Cannington conveyancing practices are used to dealing homeson unadopted roads. The property lawyer should review the title to identify any rights or liabilities. It is possible that there is a residents association that proprietors pay into for the upkeep of the road. Where one exists, the road should be maintained and appear better than council owned.