We are buying a brand new apartment in Pevensey and my lawyer is telling me that she has to the mortgage company to disclose incentives from the seller. I am nearing the developer’s deadline to sign contracts and I would rather not delay the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Can your site be used to locate a Conveyancing solicitor in Pevensey even if I’m not purchasing or disposing of a house, for example if I wish to acquire an office in Pevensey with a loan from Virgin Money?
The service is mainly utilised to help choose domestic conveyancing solicitors in Pevensey but we have set out towards the end of this page a few Pevensey commercial conveyancing firms. You will need to enquire with the company directly to establish if they are also authorised to represent Virgin Money
I have todaybecome aware that Wolstenholmes have been shut down. They conducted my conveyancing in Pevensey for a purchase of a freehold house 10 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The quickest method to check if the premises is in your name, you can make 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 Pevensey conveyancing specialists.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a straight forward, chain free conveyancing. Pevensey is the location of the property. What do you suggest?
Flying freeholds in Pevensey are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Pevensey you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Pevensey 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 property.
We're FTB’s - agreed a price, but the property agent advised that the seller will only proceed if we appoint their preferred lawyers as they want an ‘expedited deal’. We would rather use a local solicitor used to conveyancing in Pevensey
We suspect that the owner is not behind this request. If they desire ‘a quick sale', taking such a hostile approach to a genuine purchaser is counter productive. Try to communicate with the vendors directly and explain that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you intend to appoint your preferred Pevensey conveyancing firm - not the ones that will provide the negotiator at the agency a commission or hit his conveyancing targets demanded by senior management.