Do the Building Society Association intend to launch a online directory to to identify practices on the Darlington Building Society conveyancing panel for example in Hunstanton?
We have not been informed any plans on the part of the BSA to promote such a search facility.
Me and my brother own a renovated Edwardian property in Hunstanton. Conveyancing practitioner acted for me and Chelsea Building Society. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold under the matching address. Is it worth asking Chelsea Building Society to clarify?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Hunstanton and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with the conveyancing solicitor who conducted the purchase.
I am purchasing my first flat in Hunstanton with a mortgage from Barclays Direct. The developers would not budge the price so I negotiated 6k of extras instead. The estate agent advised me not disclose to my lawyer about this deal as it may impact my loan with Barclays Direct. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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 element on a property I put an offer in last month in what was supposed to be a simple, no chain conveyancing. Hunstanton is where the house is located. Can you shed any light on this issue?
Flying freeholds in Hunstanton are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Hunstanton you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hunstanton 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 property.
How does one remove a deceased person's details from the title deeds for a house in Hunstanton?
If a Hunstanton property is jointly owned and one of the proprietors passes away, their name will not immediately be removed from the title deeds. You are not required to amend the title as when it comes to a disposal your conveyancer would just need to evidence why the other owner is missing from the transfer, normally this is in the form of a grant of probate.
With the aim of making things more straight forward for the sale of the property you can arrange to have the deceased party removed from the title by submitting an application to HMLR with proof of the death. There is no land registry fee payable.