I am soon to exchange buying a house in East Yorkshire but as a result of wreckage from the recent storms I have was able negotiate compensation from the owner in the sum of three thousand pounds taking the form of a adjustment in the price. This was going to be addressed as part of amending the contract however Clydesdale are not allowing this. Why were they informed?
Any solicitor being on the Clydesdale conveyancing panel is required to advise Clydesdale of any amendments to the sale price. If you were to refuse your conveyancing practitioner to report the price change to Clydesdale then they would have to discontinue acting for you. In addition, Clydesdale and you would have to appoint a new conveyancing practitioner for your conveyancing in East Yorkshire.
Is it necessary during the course of the conveyancing process to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will appoint a lawyer who conducts conveyancing in East Yorkshire so that I can pop in to their offices if necessary.
As opposed to 12 years ago, most lenders no longer oblige their conveyancing panel solicitor to witness the borrowers signature. It will still be necessary for you to provide ID documents and there are still manifest benefits to using a local practitioner, in your situation a conveyancing solicitor in East Yorkshire.
Are there restrictive covenants that are commonly identified during conveyancing in East Yorkshire?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in East Yorkshire. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm buying a new build house in East Yorkshire with a mortgage from Leeds Building Society. The builders refused to reduce the price so I negotiated 6k of fixtures and fittings instead. The estate agent told me not inform my solicitor about this deal as it will put at risk my mortgage with Leeds Building Society. Is this normal?.
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.
I am looking for a conveyancing solicitor in East Yorkshire for my sale. Is it possible to see a firm’s record with the legal regulator?
Anyone may search for documented Solicitor Regulator Association (SRA) determinations stemming from investigations commenced on or after Jan 2008. Visit Check a solicitor's record. To find details Pre 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The SRA could recorded call for training reasons.