Me and my partner are due to complete buying a property in Hornsea but as a result of wreckage from the recent storms I have managed to agree compensation from the seller of £3k by way of a deduction in the price. This was going to be addressed as part of a side agreement yet Skipton are not allowing this. Should they have been informed?
The conveyancer being on the Skipton approved list is required to advise Skipton of any changes to the purchase price. If you prohibit your solicitor to notify the reduction to Skipton then they would have to discontinue acting for you. In addition, Skipton and you would have to appoint a new property lawyer for your conveyancing in Hornsea.
My uncle advised me that in purchasing a property in Hornsea there could be various restrictions limiting what one can do in terms of external changes to a property. Is this right?
We are aware of a number of properties in Hornsea which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Hornsea should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Is there a list of Kent Reliance panel conveyancers in Hornsea on the Building Society Association’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. A small selection of lending institutions make their panel listings visible over the internet. If you are in need of a Hornsea lawyer on the Kent Reliance please make the most of our facility.
I have paid off my mortgage with UBS. I assume I don't need a Hornsea conveyancer on the UBS panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your UBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the UBS mortgage from the register. UBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where UBS has sent the Land Registry the discharge electronically, and
- UBS has instructed the Land Registry to do so
What can a local search reveal about the property we're buying in Hornsea?
Hornsea conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search company for instance PSG The local search is essential in every Hornsea conveyancing purchase; as long as you wish to avoid any nasty once you have moved into your property. The search should provide data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
I have been on the look out for a flat up to £245,000 and found one near me in Hornsea I like with open areas and station nearby, the downside is that it's only got 51 years on the lease. There is not much else in Hornsea for this price, so just wondered if I would be making a grave error acquiring a short lease?
If you require a home loan the shortness of the lease will likely be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this matter.
I am an executor of my recently deceased mum’s Will, with a property in Hornsea which will be sold. The bungalow has never been registered at the Land Registry and I'm told that some purchasers will insist that it is in place before they will move forward. What's the procedure for this?
In the situation that you have set out it seems prudent to apply to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and official copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.