My stepmother informed me that in buying a property in Ickenham there could be various restrictions affecting the ability to carry out external changes to the property. Is this right?
There are anumerous of properties in Ickenham which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Ickenham should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We are buying a end of terrace house in Ickenham. We would like to carry out a loft conversion at the house.Will legal work on the property include checks to see if these alterations are prohibited?
Your conveyancer will check the registered title as conveyancing in Ickenham can on occasion identify restrictions in the title deeds which restrict certain changes or necessitated the consent of another owner. Some works call for local authority planning permissions and approval in compliance with building regulations. Many locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these things with a surveyor ahead of any purchase.
Can you help - my lawyer advises that lack of building regulations insurance is required on my purchase. What is the level of cover for Ickenham conveyancing?
The right level of lack of building regulations indemnity insurance should be dictated by who your lender. It would differ for example between National Westminster Bank and Bank of Scotland. Conveyancing practitioners as opposed to borrowers take out such policies.
It has been five months since my purchase conveyancing in Ickenham completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. 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 residence 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 buying my first flat in Ickenham with a loan from Coventry Building Society. The builders would not budge the amount so I negotiated 6k of fixtures and fittings instead. The property agent told me not inform my solicitor about the side-deal as it will impact my loan with the lender. Do I keep my lawyer in the dark?.
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.
I have been on the look out for a ground for flat up to £305k and found one round the corner in Ickenham I like with open areas and transport links in the vicinity, the downside is that it only has 61 years on the lease. I can't really find anything else in Ickenham for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a mortgage that many years will likely be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least 2 years you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.
In surfing the web for the words cheap conveyancing in Ickenham it shows results of numerous conveyancersin the area. How do I determine which is the suitable property lawyer for my move?
The preferential way of choosing a suitable conveyancer is through a trusted testimonial, so ask friends and relatives who have bought a property in Ickenham or the local estate agent or financial adviser. Charges for conveyancing in Ickenham differ, so it's a good idea to request at least four fee estimates from varying types of solicitors. Dont forget to clarify that the fees are fixed.