It is is a decade since I acquired my house in Everton. Conveyancing lawyers have just been appointed on the sale but I am unable to find my deeds. Will this jeopardise the sale?
Don’t worry too much. First there is a chance that the deeds will be retained by the lender or they could be in the possession of the lawyers who oversaw your purchase. Secondly in most cases the title will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors obtaining current official copies of the land registers. Most conveyancing in Everton relates to registered property but in the rare situation where your property is not registered it adds to the complexity but is not insurmountable.
I am buying a garden flat in Everton. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Everton you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Everton.
four months have gone by since my purchase conveyancing in Everton completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. 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 asset 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 Everton with a mortgage from Aldermore. The builders refused to move on the price so I negotiated 6k of fixtures and fittings instead. The house builders rep told me not disclose to my lawyer about this extras as it could put at risk my loan with the lender. Do I keep my lawyer in the dark?.
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.
My partner has urged me to instruct his conveyancers in Everton. Do I follow his recommendation?
No doubt the best way to choose a conveyancing lawyer is to seek recommendations from friends or relatives who have actually previously instructed the firm you're are thinking of instructing.