My best friend’s dad is a conveyancer. I expect that I will receive preferential fee for conveyancing, but if not, what level of figure would I typically be looking at for conveyancing in Carbis Bay?
Do contrast pricing. Do use our comparison tool on this site. The charges seem to vary but the service one can expect are distinct between law firms as is the case with the vast majority of professional services.
I happen to be the single recipient of my late grandmother’s estate and I have everything in my name now, including the house in Carbis Bay. Conveyancing formalities meant that the Land Registry date was in October. I plan to dispose of the property. I do know about the CML six month 'rule', which means that my property ownership will be considered the same way as if I'd bought the property in October. Do I have to wait half a year to sell?
The CML handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. How sensible a view mortgage companies take of it, depend on the mortgage company as this clause chiefly exists to identify the purchase and immediately sell or the flipping of properties.
I am purchasing a property in Carbis Bay. A rare aspect is that the roof has a solar panel. Nottingham have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Nottingham your lawyer must comply with the conveyancing instructions outlined in Part 2 of UK Finance Lenders’ Handbook for Nottingham. The CML Handbook sets out minimum conditions for solar panel roof-space leases, and conveyancers are required to report to Nottingham where a lease fails to satisfy these specifications. The provisions relate to the installation of panels on properties in England and Wales and is not restricted to Carbis Bay.
After much negotiation I have agreed a price on an apartment in Carbis Bay. My financial adviser suggested a conveyancer. I paid an advanced payment of £150. A few days later, the property lawyer called me to say that they were not on the RBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the RBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Me and my brother purchased a terraced Georgian house in Carbis Bay. Conveyancing practitioner represented me and Virgin Money. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold under the exact same property. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Carbis Bay and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with the conveyancing practitioner who conducted the conveyancing.
I am buying a new build flat in Carbis Bay. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Carbis Bay
There must be mutual enforceability of lessee’s covenants. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I am buying a ground floor maisonette in Carbis Bay. Conveyancing lawyer is waiting for, from the owner, building insurance documents. This afternoon I was advised that the seller must send the insurance paperwork for the flat above also. Why does my conveyancer need to check the insurance for the other flat? Is it strictly necessary? We have been waiting for the previous month…
It is not impossible in leasehold conveyancing in Carbis Bay to discover Conveyancing in Carbis Bay in a minority of cases reveals that the lease provides for the leasehold owners to insure their individual flats rather than the freeholder insuring the entire building - which is definitely preferable. You should check with your property lawyer but it would seem that your property lawyer is looking to establish that the whole building is insured. Insuring your flat is no help when it comes to rebuilding after a fire if the 1st floor cannot be reinstated due to lack of insurance.