It is is a decade since I bought my property in Winton. Conveyancing lawyers have now been retained on the sale but I can't locate my title documents. Is this a major issue?
You need not be too concerned. Firstly there is a possibility that the deeds will be with the lender or they could be archived with the solicitor who acted in your purchase. Secondly the chances are that the land will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors obtaining current official copies of the land registers. Almost all conveyancing in Winton involves registered property but in the unlikely event that your home is unregistered it adds to the complexity but is not insurmountable.
It has been 4 months following my purchase conveyancing in Winton completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. 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 property 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'm buying my first flat in Winton benefiting from help to buy. The builders refused to reduce the price so I negotiated 6k of fixtures and fittings instead. The property agent suggested that I not to tell my solicitor about the side-deal as it would put at risk my loan with the bank. 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.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what should have been a straight forward, chain free conveyancing. Winton is the location of the property. Can you shed any light on this issue?
Flying freeholds in Winton are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Winton you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Winton may decide 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 premises.
My company is hoping to lease a unit on a shopping parade. Can you recommend conveyancers offering no-move-no fees for commercial conveyancing in Winton for below £1,200?
We can recommend firms who host a wealth of experience of commercial conveyancing in Winton, including the disposal and purchase of businesses as well as simply premises. If you are hoping to buy or dispose of a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right lawyer. As for the costs this will depend on the structure and complexity of the proposed transaction. Let us have your contact information or email so as to enable us to furnish you with a detailed commercial conveyancing quote.