What does a local search tell me concerning the property my wife and I purchasing in Northumberland?
Northumberland conveyancing often starts with the ordering local authority searches directly from local Authority or via a personal search organisations such as Xpress Legal The local search is essential in every Northumberland conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your new home. The search should provide data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
i am purchasing my first flat in Northumberland with a loan from Aldermore. The builders refused to reduce the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep suggested that I not reveal to my solicitor about this extras as it could impact my loan with the bank. Is this normal?.
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.
We're FTB’s - agreed a price, yet the property agent has warned us that the owners will only issue a contract if we use the agent's chosen solicitors as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a local solicitor with experience of conveyancing in Northumberland
It is highly unlikely the owners are behind this. Should the seller want ‘a quick sale', taking such a hostile approach to a motivated buyer is not the way to achieve this. Try to communicate with the owners directly and explain that (a)you are serious buyers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you will continue to use your preferred Northumberland conveyancing firm - not the ones that will earn their negotiator at the agency a introducer fee or hit his conveyancing figures pre-set by HQ.