Do the Building Society Association intend to launch a searchable register to to identify law firms on the Darlington Building Society conveyancing panel for example in Great Shelford?
We are not aware of any intention on the part of the BSA to develop such a register.
Have completed on a a detached house in Great Shelford , how long should it take for the Land Registry to record my ownership? My Great Shelford conveyancing solicitor works at snail pace, so I want to check the post completion formalities are concluded.
There is nothing unique when it comes to conveyancing in Great Shelford registration formalities. Rather than based on location, timeframes can adjust depending on who lodges the application, whether there are errors and whether the Land registry must send notices to any third parties. At present approximately 80% of such applications are completed within two weeks but occasionally there can be extensive delays. Registration occurs once the purchaser has moved in to the property therefore an expedited registration is not typically top priority yet if there is a degree of urgency associated with the registration then you or your lawyers should contact the land registry and explain the circumstances.
I am purchasing a new build house in Great Shelford with the aid of help to buy. The sellers would not move on the price so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not reveal to my solicitor about the side-deal as it may affect my loan with the 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.
I have been advised by a number of estate agents in Great Shelford to locate a property lawyer using your seach tool. Is there a financial advantage for Estate Agents to offer your lawyers over and above another?
We don’t make any commission for pointing buyers and sellers in our direction. We found it would be just too difficult to pay a commission as home movers will think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
I am in need of some leasehold conveyancing in Great Shelford. Before I set the wheels in motion I would like to find out the number of years remaining on the lease.
If the lease is recorded at the land registry - and almost all are in Great Shelford - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Leasehold Conveyancing in Great Shelford - Sample of Questions you should ask Prior to buying
Plenty Great Shelford leasehold apartments will incur a service bill for maintenance of the block invoiced by the landlord. Where you purchase the apartment you will have to pay this charge, usually in instalments throughout the year. This may vary from several hundred pounds to thousands of pounds for blocks with lifts and large communal areas. In all probability there will be a rentcharge to be met annual, ordinarily this is not a significant figure, say around £25-£75 but you need to enquire as occasionally it could be surprisingly expensive. On the whole the cost for major works tend not to be built into the maintenance charges, although there some managing agents in Great Shelford require tenants to contribute towards a sinking fund and this is used to offset against larger works. What is the name of the managing agents?