I require conveyancing for a flat in a relatively new development (seven years built) in Great Shelford. Almost all the properties have already been sold. Do I need carry out the conveyancing searches for my conveyancing in Great Shelford?
You are opening yourself up to an unnecessary risk in failing carrying out Great Shelford conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal necessity to have them, but we would seriously advise in no uncertain terms that your conveyancer conducts them. If speed and driving down costs are top of your concerns you should consider with your lawyer about the possibility of search insurance
How up to date is your database of Great Shelford solicitors on the Yorkshire BS conveyancing panel? Do Yorkshire BS send you an updated list?
Great Shelford conveyancing firms themselves provide us confirmation that they are on the Yorkshire BS conveyancing panel as opposed to being supplied with a list from Yorkshire BS directly.
I need some fast conveyancing in Great Shelford as I am faced with an ultimatum to sign on the dotted line inside 3 weeks. Thankfully I do not require a mortgage. Can I avoid the conveyancing searches to save money and time?
If.Given you are not getting a home loan you have the choice not to do searches although no lawyer would recommend that you don't. Drawing on years of experience of conveyancing in Great Shelford the following are instances of issues that can be revealed and adversely affect future mortgageability: Enforcement Notices, Overdue Fees, Overdue Grants, Railway Schemes,...
I'm buying my first flat in Great Shelford benefiting from help to buy. The builders refused to reduce the price so I negotiated 6k of fixtures and fittings instead. The estate agent advised me not disclose to my lawyer about this extras as it could impact my mortgage with the bank. Do I keep my lawyer in the dark?.
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.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in last month in what was supposed to be a straight forward, chain free conveyancing. Great Shelford is where the house is located. Can you offer any guidance?
Flying freeholds in Great Shelford are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Great Shelford you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Great Shelford may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.