We are purchasing a newly built duplex in Walton on the Hill and my solicitor is advising me that she is duty bound to the mortgage company to reveal incentives from the seller. I am on a tight deadline to exchange and I don't want to delay matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I have 71 years remaining on my lease and require a lease extension for my flat in Walton on the Hill. Conveyancing solicitors on the Platform panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 24/1/2025 the requirements read as follows :
I require quick conveyancing in Walton on the Hill as I am faced with an ultimatum to exchange contracts within one month. A home loan is not required. Is it possible to decline from having conveyancing searches to save money and time?
If.Given you are not getting a home loan you are at free not to do searches although no lawyer would advise that you don't. Drawing on our experience of conveyancing in Walton on the Hill the following are examples of issues that can be revealed and therefore impact market value: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Railway Schemes,...
Are there restrictive covenants that are commonly picked up during conveyancing in Walton on the Hill?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Walton on the Hill. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
My cousin has suggested that I appoint his conveyancers in Walton on the Hill. Should I choose my own property lawyer?
No doubt it’s preferable to select a conveyancing solicitor is to get feedback from friends or family who have actually previously instructed the conveyancer you're considering.