My friend recommended that if I am purchasing in Quedgeley I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Quedgeley conveyancing searches. It is not a small report of more than thirty pages, listing and setting out significant information about Quedgeley around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Quedgeley Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Quedgeley Education with plans and statistics, Local Amenities and other useful data regarding Quedgeley.
Are there restrictive covenants that are commonly identified during conveyancing in Quedgeley?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Quedgeley. 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 Quedgeley with a loan from Virgin Money. The sellers refused to move on the amount so I negotiated 6k of additionals instead. The house builders rep advised me not inform my lawyer about this extras as it may affect my mortgage with Virgin Money. Is this normal?.
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 decided to have a survey completed on a house in Quedgeley in advance of retaining lawyers. I have been advised that there is a flying freehold overhang to the property. The surveyor has said that some lenders tend refuse to give a loan on this type of home.
It varies from the lender to lender. Lloyds has different requirements for example to Nationwide. If you contact us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Quedgeley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Quedgeley to see if the conveyancing costs will increase in light of this.
My business partner and I are hoping to take over a lease of a shop on a shopping parade. Can you recommend lawyers offering no-move-no fees for commercial conveyancing in Quedgeley for below 1500k?
We can recommend firms who have well rounded knowledge of commercial conveyancing in Quedgeley, including the sale and acquisition of businesses as well as simply property. Whether you are looking to buy or lease a shop, pub, restaurant, office, retail premises or a complete business we can find you the right solicitor. Regarding the costs these will vary based on the structure and terms of the deal. Please provide us with your details or phone us so that we may furnish you with a fixed commercial conveyancing quote.