I need some quick conveyancing in Greenfield as I am under an ultimatum to sign on the dotted line in less than 4 weeks. A mortgage is not required. Can I escape the need for conveyancing searches to save money and time?
If.Given you are are a cash buyer you are at free not to do searches although no solicitor would recommend that you don't. Drawing on our experience of conveyancing in Greenfield the following are examples of what can appear and therefore affect future saleability: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Unadopted Roads,...
2 months have gone by since my purchase conveyancing in Greenfield completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. 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 premises 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 a new build house in Greenfield with a mortgage from Alliance & Leicester . The developers refused to move on the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent advised me not reveal to my lawyer about this extras as it could jeopardize my loan with the bank. 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've recently found out that there is a flying freehold element on a property I have offered on last month in what was supposed to be a straight forward, no chain conveyancing. Greenfield is where the house is located. What do you suggest?
Flying freeholds in Greenfield are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Greenfield you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Greenfield may determine 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 residence.
My business partner and I are planning to lease a unit on the high street. Can you recommend lawyers offering no-sale-no costs for commercial conveyancing in Greenfield for under 1500k?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Greenfield, including the sale and acquisition of businesses as well as simply property. If you are looking to acquire or dispose of a shop, pub, restaurant, office, retail premises or a complete business we can find you the right firm. Regarding the costs this will depend on the structure and complexity of the proposed transaction. Please provide us with your details or call so as to enable us to furnish you with comprehensive commercial conveyancing calculation.