It has been three months following my purchase conveyancing in Lyme Regis completed. I have checked the Land Registry website which shows that I paid £200,000 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 property 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'm purchasing a new build house in Lyme Regis with a loan from Yorkshire Building Society. The builders refused to budge the price so I negotiated five thousand pounds worth of additionals instead. The estate agent advised me not inform my lawyer about this side-deal as it may jeopardize my loan with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer 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.
How do I identify a Lyme Regis law firm on the Chelsea Building Society conveyancing panel? I drive a motor bike and am willing to travel upto 10kilometers to meet the solicitor.
Feel free to make use of the search on this page. Please pick a bank and your location and you will see a number of Lyme Regis conveyancing lawyers located nearest you. We have listed some Lyme Regis conveyancing firms at the bottom of this page and you can ring them to see whether they are on the Chelsea Building Society approved list
My husband and I are new on the property ladder - had an offer accepted, but the agent has warned us that the seller will only proceed if we appoint the agent's recommended solicitors as they need a ‘quick sale’. Our preferred option is to instruct a local conveyancer who is familiar with conveyancing in Lyme Regis
It is improbable the vendors are driving this. If they want ‘a quick sale', alienating a genuine buyer is not the way to achieve this. Contact the sellers directly and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)however you are going to appoint your own,trusted Lyme Regis conveyancing firm - not the ones that will give the negotiator at the agency a introducer fee or hit his conveyancing figures pre-set by senior management.
There are a lot of houses in Lyme Regis on private lanes. We are buying such a property. Are there any advantages to purchasing a house on a private road?
Lyme Regis conveyancing practices are well versed in dealing propertieson unadopted roads. Your property lawyer will investigate title to find any rights or liabilities. It is possible that there is a management company (wholly owned by residents) that proprietors make annual payments to maintain the road. Where there is one, the road should be maintained and appear nicer than council maintained.