I am need of leasehold conveyancing for a flat in a relatively new development (seven years built) in Cumbria. Almost all the appartments have already been disposed of. Is it strictly necessary to order conveyancing searches for my conveyancing in Cumbria?
If you are acquiring a property with the assistance of a loan, your bank will require some (many) of the searches so you'll have no choice. If not, then Cumbria conveyancing searches are optional. No doubt your conveyancer, will 'advise', perhaps strongly, that you should not go ahead without searches, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you demand that your lawyer to proceed without searches then your lawyer will have to follow your instructions or ask you to appoint a different lawyer for your conveyancing in Cumbria.
We see that you have a post code search directory listing law firms on the Virgin Money conveyancing panel. Do firms pay you a referral fee if I retain them for our conveyancing in Cumbria?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Cumbria.
What can a local search inform me about the house I am purchasing in Cumbria?
Cumbria conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search company for instance Searches UK The local search is essential in every Cumbria conveyancing purchase; that is if you don’t want any unpleasant surprises after you move into your new home. The search should supply information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
four months have gone by since my purchase conveyancing in Cumbria completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am purchasing my first flat in Cumbria with a loan from Alliance & Leicester . The builders would not move on the amount so I negotiated £7000 of fixtures and fittings instead. The sale representative suggested that I not inform my conveyancer about this deal as it will put at risk my mortgage with Alliance & Leicester . 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.