Are there restrictive covenants that are commonly identified during conveyancing in Minehead?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Minehead. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I am purchasing a new build house in Minehead with a loan from The Royal Bank of Scotland. The developers would not move on the amount so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not to tell my solicitor about the side-deal as it could impact my mortgage 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.

Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Minehead is the location of the property. Can you shed any light on this issue?

Flying freeholds in Minehead are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Minehead you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Minehead may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

What does commercial conveyancing in Minehead cover?

Minehead conveyancing for business premises covers a broad range of services, offered by regulated solicitors, relating to business premises. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.

I am 18 days into a residential purchase having been referred to conveyancers by the high street agent to perform conveyancing in Minehead. We are not happy. Can you you assist me in finding new lawyers?

They would have to be really bad in order to consider replacing them. Has the loan offer been sent? If so you need to advise them of the replacement conveyancer and have the offer are re-sent. The solicitor ideally should be on the lenders panel to avoid escalating fees and delays. That should be your first question of the new solicitors. The find a solicitor tool will help you find a lender approved solicitor for your conveyancing in Minehead