As someone unfamiliar with the Ripley conveyancing process what is the number one tip you can give me concerning the legal transfer of property in Ripley
Not many law firms shout this from the rooftops but conveyancing in Ripley and elsewhere in England and Wales is an adversarial experience. In other words, when it comes to conveyancing there is lots of room for friction between you and others involved in the transaction. E.g., the vendor, estate agent and even potentially the bank. Choosing a lawyer for your conveyancing in Ripley should not be taken lightly as your conveyancer is your adviser, and is the ONE person in the legal process whose interest is to act in your legal interests and to keep you safe.
Every so often a potential adversary will attempt to convince you that you should follow their advice. For instance, the estate agent may claim to be assisting by suggesting your conveyancer is dragging his heels. Or your mortgage broker may advise you to do take action that is against your lawyers advice. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
Are there restrictive covenants that are commonly picked up during conveyancing in Ripley?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Ripley. 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'm purchasing my first flat in Ripley with the aid of help to buy. The sellers would not move on the amount so I negotiated 6k of additionals instead. The house builders rep advised me not inform my conveyancer about this side-deal as it may impact 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.
In what way does the Landlord & Tenant Act 1954 affect my commercial property in Ripley and how can your lawyers assist?
The particular law that you refer to gives security of tenure to commercial tenants, giving them the right to apply to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Ripley is one of our numerous locations in which the firms we work with are located
Me and my partner are hoping to buy a 2 bedroom bungalowin Ripley with a loan from a lender. We like our solicitor in Ripley however our bank advise he's not on their "panel". It seems we have little choice but to instruct from the our bank panel firms or stay with our Ripley conveyancer and pay for one of their panel ones to represent our bank. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The mortgage company home loan issued is subject to its terms and conditions, one of which will be that lawyers will on the lender's conveyancing panel. Until recently, most banks had open panels, including almost all conveyancing solicitors in Ripley : a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for your mortgage company.