My friend recommended that if I am purchasing in Wick I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your Wick conveyancing searches. It is not a small report of about 40 pages, listing and detailing important information about Wick around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Wick Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Wick Education with maps and statistics, Local Amenities and other useful data regarding Wick.
I have todaydiscovered that Arc property Solicitors have been shut down. They carried out my conveyancing in Wick for a purchase of a leasehold flat 12 months ago. How can I be sure that my home is registered correctly in the name of the previous owner?
The quickest way to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Wick conveyancing specialists.
I am purchasing my first flat in Wick with a mortgage from TSB. The builders would not move on the amount so I negotiated £7000 of additionals instead. The estate agent advised me not reveal to my lawyer about this deal as it will jeopardize my mortgage with the lender. 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 opted to have a survey completed on a property in Wick ahead of appointing conveyancers. I have been told that there is a flying freehold overhang to the property. My surveyor has said that some banks may not give a loan on such a home.
It depends who your proposed lender is. Lloyds has different requirements from Nationwide. Should you wish to telephone us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Wick. Conveyancing will be smoother if you use a solicitor in Wick especially if they are familiar with such properties in Wick.
In what way can the Landlord & Tenant Act 1954 affect my business offices in Wick and how can your lawyers assist?
The 1954 Act provides a safeguard to commercial lessees, granting the a statutory right to apply to court for a renewal tenancy and remain in occupation at the end of the lease term. There are limited grounds where a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Wick is one of the many locations in which our lawyers have offices