I have given 2 months notice to my existing landlord and must leave my let out flat in Poundbury by 1/4/2019. Conveyancing for my house purchase is progressing. Is it possible to complete in six weeks as don't want to have to move into short term accommodation?
It is unwise to serve notice on a rental until your lawyer suggests that you should. Assuming that you have not already done so, update to your lawyer and ask them to they chase the sellers lawyers, try to an acceptable time-line that everyone will aim towards
It has been 2 months since my purchase conveyancing in Poundbury took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. 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 premises 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 Poundbury benefiting from help to buy. The builders refused to budge the amount so I negotiated 6k of extras instead. The estate agent told me not inform my conveyancer about this side-deal as it could put at risk my mortgage 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.
I am looking for a ground for flat up to £245,000 and found one near me in Poundbury I like with a park and transport links nearby, the downside is that it only has 52 years on the lease. There is not much else in Poundbury suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a home loan the remaining unexpired lease term will likely be problematic. Discount the offer by the amount the 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 could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
As co-executor for the estate of my grandmother I am disposing of a house in Monmouth but live in Poundbury. My solicitor (based 235 kilometers from mehas requested that I sign a statutory declaration prior to completion. Can you recommend a conveyancing practitioner in Poundbury who can attest and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are Poundbury based