Is it necessary to take out insurance to protect me from financial exposure to chancel repairs when buying a house in Selsey?
Unless a prior acquisition of the house completed after 12 October 2013 you could assume that solicitors delivering conveyancing in Selsey to continue to advocate a chancel search and or chancel repair liability policy.
I am purchasing a new build house in Selsey with a mortgage from Clydesdale. The developers refused to reduce the price so I negotiated £7000 of extras instead. The sale representative advised me not disclose to my conveyancer about the extras as it could affect my mortgage with Clydesdale. Should I keep quiet?.
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.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one near me in Selsey I like with open areas and station in the vicinity, however it's only got 51 remaining years left on the lease. There is not much else in Selsey in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a mortgage the remaining unexpired lease term will likely be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
What tools are available to identify a Selsey solicitor on the Bank of Scotland conveyancing panel? I am a keen cyclist and am willing to travel upto 25kilometers to meet the conveyancer.
You can use the search on this page. Please choose the bank and your location and you will see a number of Selsey conveyancing lawyers locally. We have listed some Selsey conveyancing firms towards the end of this page and you can contact them to see whether they are on the Bank of Scotland panel
As co-executor for the estate of my father I am selling a house in Newport but reside in Selsey. My solicitor (who is 235 kilometers awayneeds me to sign a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing practitioner in Selsey who can attest and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are based in Selsey