I am purchasing a new build flat in Sturminster Newton. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?

Leaving aside the complexities and merits of DIY conveyancing in Sturminster Newton you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Sturminster Newton.

I am buying my first flat in Sturminster Newton benefiting from help to buy. The builders would not reduce the price so I negotiated £7000 of extras instead. The sale representative suggested that I not to tell my lawyer about the extras as it may put at risk my mortgage with Birmingham Midshires. 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.

I've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a simple, no chain conveyancing. Sturminster Newton is the location of the property. Is there any guidance you can give?

Flying freeholds in Sturminster Newton are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sturminster Newton you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sturminster Newton may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

What does commercial conveyancing in Sturminster Newton cover?

Non domestic conveyancing in Sturminster Newton covers a wide range of services, offered by regulated solicitors, relating to business premises. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.

Planning to complete next month on a ground floor flat in Sturminster Newton. Conveyancing solicitors have said that they are sending me a report on Monday. Are there areas in the report that I should be focusing on?

The report on title for your leasehold conveyancing in Sturminster Newton should include some of the following:

It needs to be made clear to you whether the lease permits you to change or improve anything in the premises- you should know whether it applies to all alterations or limited to structural alteration, and whether consent is required You need to be advised what is to be regarded as a Nuisance as far as the lease is concerned Are you allowed to have a pet in the flat? Whether the lease restricts you from subletting the property, or having a home office for business Who has the liability for repairing the window frames

Sturminster Newton Leasehold Conveyancing - Sample of Questions you should ask before buying

Are any of leasehold owners in dispute over their service charge liability? For most Sturminster Newton leaseholds the cost for major works are not included within maintenance charges, albeit that some managing agents in Sturminster Newton ask leasehold owners to contribute towards a reserve fund created for the specific intention of building a fund for larger repairs or maintenance. What is the maintenance charge and ground rent on the flat?