Despite weeks of looking the Title Certificate and documents to our home are lost. The conveyancers who conducted the conveyancing in West Dulwich 5 years ago are no longer around. What do I do?
In today’s world there are copies made of almost everything, and your conveyancer should be aware precisely where to find all the suitable paperwork so you can purchase or sell your property without any difficulty. If duplicates are not available, your solicitor can put in place insurance or indemnities against possible claims on the property.
I am purchasing my first flat in West Dulwich with a mortgage from Accord Mortgages Ltd. The developers refused to reduce the amount so I negotiated 6k of additionals instead. The estate agent suggested that I not disclose to my lawyer about this deal as it may put at risk my loan with Accord Mortgages Ltd. 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.
I decided to have a survey completed on a property in West Dulwich in advance of retaining solicitors. I have been told that there is a flying freehold aspect to the house. My surveyor has said that some banks tend refuse to grant a loan on this type of house.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Halifax. Should you wish to telephone us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in West Dulwich. Conveyancing may be slightly more expensive based on your lender's requirements.
I am thinking of appointing a conveyancing practitioner in West Dulwich for my home move. Is there any facility to check a firm’s complaints history with the profession’s regulator?
One can search for documented Solicitor Regulator Association (SRA) determinations stemming from inquisitions started on or after Jan 2008. Go to Check a solicitor's record. To find information about the period before 1 January 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The SRA could recorded telephone calls for training purposes.
I am hoping to put an offer on a small detached house that seems to meet my requirements, at a great figure which is making it all the more appealing. I have since found out that the title is leasehold rather than freehold. I am assuming that there are issues purchasing a leasehold house in West Dulwich. Conveyancing solicitors have are soon to be appointed. Will my lawyers set out the implications of buying a leasehold house in West Dulwich ?
The majority of houses in West Dulwich are freehold and not leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can assist with the conveyancing process. it is apparent that you are buying in West Dulwich in which case you should be looking for a West Dulwich conveyancing solicitor and check that they are used to advising on leasehold houses. First you will need to check the number of years remaining. As a tenant you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example requiring the freeholder’spermission to conduct changes to the property. You may also be required to pay a contribution towards the maintenance of the estate where the property is located on an estate. Your conveyancer will advise you fully on all the issues.