four months have gone by following my purchase conveyancing in Goodmayes took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. 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 Goodmayes benefiting from help to buy. The developers refused to reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent told me not disclose to my conveyancer about the extras as it would jeopardize my mortgage with Bank of Scotland. Should I keep quiet?.
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.
Due to the encouragement of my in-laws I had a survey completed on a house in Goodmayes in advance of appointing conveyancers. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some mortgage companies may not give a loan on this type of house.
It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. If you contact us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Goodmayes. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Goodmayes to see if the conveyancing will be more expensive.
I'm converting the mortgage on my current property to a BTL mortgage with Virgin Money and I will use the ballance of the raised equity towards another property. The area we are looking at is Goodmayes. Will your lawyers be able to act for both sets of mortgage companies and link together the conveyances?
Make use of our search tool on this page to check that the lawyers are on the relevant lender panels. Having checked that they are your lawyer will be able to connect the two conveyancing matters but you should have a chat with you solicitor and make clear your expectations and needs.
I need to instruct a conveyancing solicitor for some conveyancing in Goodmayes. I have stumble upon a web site which seems to have the ideal solution If it is possible to get all this stuff done via web that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?