Can you help - my lawyer says that defective lease insurance is necessary on my purchase. What is the level of cover for Lincolnshire conveyancing?
The appropriate level of defective lease indemnity insurance depends on your lender. It would differ for example between Barclays and Barnsley Building Society. Conveyancing practitioners as opposed to members of the public take out such insurances.
I'm the sole beneficiary of my late father’s will with all property in now in my sole name, including the house in Lincolnshire. The Lincolnshire property was put into my name in January. I plan to dispose of the house. I do know about the Mortgage Lenders six month 'rule', meaning my proprietorship could be treated the same way as if I'd bought the house in January. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. How sensible a view banks take of it, depend on the mortgage company as this provision chiefly exists to identify the purchase and immediately sell or the wholesaling and assigning of property.
I have decided to exercise my right to buy my property in Lincolnshire off the council. I have a mortgage agreed with RBS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with RBS, you will need to appoint a solicitor on the RBS conveyancing panel.
Do commercial conveyancing searches reveal proposed roadworks that may affect a commercial site in Lincolnshire?
Its becoming the norm that commercial conveyancing solicitors in Lincolnshire will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Lincolnshire. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Lincolnshire.
For every commercial conveyancing transaction in Lincolnshire it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could cause delays to Lincolnshire commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Lincolnshire.
I am purchasing my first flat in Lincolnshire benefiting from help to buy. The sellers would not move on the amount so I negotiated 6k of fixtures and fittings instead. The sale representative suggested that I not reveal to my solicitor about the extras as it will jeopardize my mortgage with the bank. 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 am looking to sell my home. My former lawyers closed down. I am in need of a recommendation of a conveyancing firm. I happen to live in Lincolnshire if that makes a difference.
You should use our search tool to help you find a solicitor for your conveyancing in Lincolnshire. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
As co-executor for the will of my aunt I am disposing of a property in Swansea but I am based in Lincolnshire. My lawyer (based 300 kilometers awayrequires that I sign a stat dec ahead of completion. Could you suggest a conveyancing lawyer in Lincolnshire to attest and place their company stamp on the document?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are located in Lincolnshire