A friend advised me that in buying a property in Shirenewton there could be various restrictions prohibiting external changes to a property. Is this right?
We are aware of a number of properties in Shirenewton which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Shirenewton should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Can I be sure that the Shirenewton conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Shirenewton getting recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always suggest that you speak with the solicitor conducting your transaction.
My sealed bid on a house in Shirenewton has been agreed to, but there is a chain. The vendors have put an offer on a property, however it’s not been accepted yet, and are looking at other properties booked. I have selected a nearby conveyancing solicitor in Shirenewton. What do I do now? At what point should I apply for the mortgage with Santander?
It is understandable to have anxieties where there is a chain as you are unlikely to want to incur expenses too early (mortgage application is in the region of £1k, then valuation, Shirenewton conveyancing search costs, etc). First, you should ensure that your solicitor is on the Santander approved list. As to the next stages this very much depends on the circumstances of your transaction, motivation for this property and on the state of the market. In a rising market some buyers will apply for a home loan with Santander and arrange for the valuation and only if it comes back ok would they request their conveyancer to proceed with searches.
Should commercial conveyancing searches disclose impending roadworks that could impact a commercial property in Shirenewton?
Its becoming the norm that commercial conveyancing solicitors in Shirenewton will perform a SiteSolutions Highways report as it reduces the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Shirenewton. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Shirenewton.
For every commercial conveyancing transaction in Shirenewton it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can result in delays to Shirenewton commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Shirenewton.
It has been three months following my purchase conveyancing in Shirenewton completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. 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 am buying my first flat in Shirenewton with a loan from HSBC Bank. The developers would not budge the price so I negotiated 6k of additionals instead. The sale representative suggested that I not inform my solicitor about this side-deal as it may jeopardize my loan with the bank. Do I keep my lawyer in the dark?.
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.
Do I need to be concerned that brokers that I am dealing with are encouraging me to use a national conveyancing firm rather than a High Street Shirenewton conveyancing firm?
As is the case with many professional services, often recommendations from connections can be worth their weight in gold. But there are lots of players in a conveyancing matter; estate agents, mortgage brokers and banks might all recommend lawyers to choose. Sometimes the conveyancers might be known to one of the organisations as experts in their field, but sometimes there may be a commercial relationship behind the recommendation. You have the right to appoint your own conveyancer. You need to be aware that the majority of mortgage providers operate an approved list of lawyers you must use for the mortgage related work in your home move.