My wife and I are soon to complete buying a house in Hull but as a result of wreckage from some water damage at the property I have was able negotiate recompense from the seller of three thousand pounds taking the form of a adjustment in the price. I had intended this to be addressed as part of the conveyancing process yet Virgin Money will not agree to this. Should they have been notified?
The solicitor being on a Virgin Money approved list is required to disclose to Virgin Money of any changes to the purchase price. If you were to refuse your conveyancer to report the reduction to Virgin Money then they would have to discontinue acting for you. In addition, Virgin Money and you would have to appoint a new conveyancing practitioner for your conveyancing in Hull.
Are there restrictive covenants that are commonly picked up during conveyancing in Hull?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Hull. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
The estate agent has sent us the confirmation of our purchase of a new build apartment in Hull. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Hull
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There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are surveyor prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan.
My husband and I are FTB’s - agreed a price, but the property agent has warned us that the seller will only move forward if we appoint the agent's preferred lawyers as they need an ‘expedited deal’. Our preferred option is to instruct a family solicitor accustomed to conveyancing in Hull
It is unlikely the vendors are driving this. If they desire ‘a quick sale', turning down a genuine buyer is is going to put the whole deal at risk. Bypass the agents and go straight to the sellers and make sure they comprehend that (a)you are serious buyers (b)you are ready to progress, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)but you intend to use your own,trusted Hull conveyancing firm - not the ones that will earn their negotiator at the agency a commission or achieve conveyancing figures demanded by HQ.
What type of premises does your Hull conveyancing estimates relate to?
Our conveyancing quotes are only applicable to standard domestic property in England & Wales. Where you have any different requirements for instance industrial or agricultural property or commercial conveyancing in Hull you should telephone us to consider this further .