When can the exchange of contracts occur in residential conveyancing in Kemp Town and do I need to be at the solicitors branch?

Where you are local to one of the conveyancing solicitors in Kemp Town you are invited in to sign documents. However, the law practices we recommend offer countrywide coverage for conveyancing and give as equally diligent and professional a job for you when communicating with you by post or email. The executing of the contract is not the point of no return. Signing on the dotted line is necessary for the firm to address the formalities when the time is right, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Kemp Town)to be in the office at the appropriate time.

Do I need to take out insurance to cover chancel repairs when acquiring a property in Kemp Town?

Unless a previous purchase of the house took place post 12 October 2013 you can take it that conveyancing practitioners handling conveyancing in Kemp Town to continue to propose a a chancel search and or chancel repair liability policy.

I have a 4 bedroom Georgian property in Kemp Town. Conveyancing practitioner acted for me and . I did a free Land Registry search last week and there are a couple of entries: the first freehold, the second leasehold with the matching address. Is it worth asking to clarify?

You should assess 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Kemp Town and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with your conveyancing lawyer who conducted the conveyancing.

I'm purchasing a new build house in Kemp Town with a mortgage from . The developers refused to reduce the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent advised me not disclose to my solicitor about the side-deal as it would adversely affect my loan with . 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.

Due to the advice of my in-laws I had a survey completed on a house in Kemp Town before appointing lawyers. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some lenders tend refuse to grant a mortgage on this type of premises.

It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. If you e-mail us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Kemp Town. Conveyancing may be slightly more expensive based on your lender's requirements.