Forgive me if this question is silly but I am unexperienced as a 1st time buyer of a garden flat in Langport. Do I pick up the keys to the property on the completion date from my lawyer? If so, I will find a High Street conveyancing solicitor in Langport?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will arrange to send the purchase money to the vendor’s conveyancers, and shortly after the monies have arrived, you should be invited to pick up the keys from the Estate Agents and start moving into the property. Usually this occurs between 1 and 3pm.
Completion of my purchase has taken place for my property in Langport. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. In most cases complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I am selling my flat. I had a double glazing fitted in November 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Coventry BS are being pedantic. The Langport solicitor who is on the Coventry BS conveyancing panel is recommending indemnity insurance as a solution but Coventry BS are requiring a building regulation certificate. Why do Coventry BS have a conveyancing panel if they don't accept advice from them?
It is probably the case that Coventry BS have referred the matter to their valuer. The reason why Coventry BS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I'm buying my first flat in Langport with a mortgage from Alliance & Leicester . The developers refused to move on the amount so I negotiated five thousand pounds worth of extras instead. The estate agent advised me not inform my lawyer about the deal as it would jeopardize my loan with Alliance & Leicester . 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.
Over the last few months I have been searching for a flat up to £195,000 and identified one close by in Langport I like with amenity areas and station nearby, however it only has 49 years unexpired on the lease. I can't really find anything else in Langport for this price, so just wondered if I would be making a mistake buying a short lease?
If you require a home loan the remaining unexpired lease term may be a potential deal breaker. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least twenty four months you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
My husband and I are FTB’s - had an offer accepted, but the property agent has warned us that the owners will only issue a contract if we appoint the agent's preferred solicitors as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a high street solicitor used to conveyancing in Langport
We suspect that the seller is unaware of this requirement. Should the vendor want ‘a quick sale', alienating a genuine purchaser is is going to put the whole deal at risk. Speak to the vendors direct and make sure they understand (a)you are genuine purchasers (b)you are excited to move forward, with finances in place © you do not need to sell (d) you wish to move quickly (e)however you intend to instruct your own,trusted Langport conveyancing solicitors - not the ones that will earn the estate agent a kickback or meet his conveyancing thresholds demanded by head office.
My parents are encountering difficulties in finding their Langport land registry title on the online search facility. They recall that fifty years ago when they acquired the bungalow there were complications regarding the address not being recognised in some systems.
Almost all properties in Langport should be revealed. Have you tried a search to just the postcode. Normally it should reveal all the residences within the postcode. Assuming the property is recorded it will show up with a title number. Where they bought sixty years ago it's conceivable it may be unrecorded. The address could still be revealed but with the title number identified as 'na'. In this scenario you will need to track down the original title papers which may be with your parent’s bank.