Various internet forums that I have come across warn that are a common reason for delay in Dorking house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of delays in the conveyancing process. Local searches are unlikely to be the root cause of holding up conveyancing in Dorking.
I own a 4 bedroom Edwardian property in Dorking. Conveyancing solicitor acted for me and Accord Mortgages Ltd. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?
You need to assess 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 Dorking and other locations in 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 purchasers. You can also question the situation with your conveyancing lawyer who conducted the work.
I'm buying a new build house in Dorking with the aid of help to buy. The builders would not reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent told me not inform my solicitor about this deal as it would affect my mortgage with National Westminster Bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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.
What does commercial conveyancing in Dorking cover?
Commercial conveyancing in Dorking incorporates a wide array of advice, supplied by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
Am I better off to use a Dorking conveyancing lawyer in close proximity to the house I am purchasing? I have an old university friend who can carry out the conveyancing however her office is approximately 350miles away.
The benefit of a high street Dorking conveyancing firm is that you can attend the office to sign documents, deliver your identification documents and pester them where appropriate. Having local Dorking know how is a plus. However nothing is more important than finding someone that will pull out all the stops for you. If if people you trust used your friend and on the whole were impressed that must trump using an unknown Dorking conveyancing lawyer solely due to them being Dorking based.