I am the single beneficiary of my late mum's estate with all property in now in my sole name, including the house in Dollis Hill. The Dollis Hill property was put into my name in December. I now wish to sell up. I understand that there is a Mortgage Lenders 6 month 'rule', which means that my property ownership will be considered the same way as if I'd bought the property in December. Is the property unsalable for six months?
The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be affected by that. Some lenders would take a sensible view as this clause primarily exists to capture the purchase and immediately sell or the quick reselling of property.
Can I be sure that the Dollis Hill conveyancing solicitor on the UBS panel is any good?
When it comes to conveyancing in Dollis Hill seeking recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the lawyer conducting your transaction.
I have decided to exercise my right to buy my property in Dollis Hill off the council. I have a mortgage offer with Barclays. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Barclays, you will need to appoint a solicitor on the Barclays conveyancing panel.
I am buying a new build house in Dollis Hill with a mortgage from Aldermore. The sellers refused to move on the amount so I negotiated £7000 of extras instead. The estate agent suggested that I not inform my solicitor about the extras as it will jeopardize my mortgage with the bank. 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.
What does commercial conveyancing in Dollis Hill cover?
Commercial conveyancing in Dollis Hill incorporates a wide array of guidance, given by regulated solicitors, relating to business premises. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
We're FTB’s - agreed a price, but the property agent advised that the vendor will only go ahead if we instruct their preferred solicitors as they need an ‘expedited deal’. Our preferred option is to instruct a family conveyancer accustomed to conveyancing in Dollis Hill
It is improbable the vendors are driving this. Should the owner desire ‘a quick sale', taking such a hostile approach to a motivated purchaser is is going to put the whole deal at risk. Bypass the agents and go straight to the sellers and make the point that (a)you are motivated purchasers (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)however you will continue to use your own,trusted Dollis Hill conveyancing solicitors - as opposed tothose that will provide the negotiator at the agency a kickback or achieve conveyancing targets pre-set by corporate headquarters.
Is there a distinction between surveying and conveyancing in Dollis Hill?
Conveyancing - in Dollis Hill or elsewhere - is the legal term given to transferring legal title of property from one person to another. It involves the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you are buying and will help you find out about the condition of the building and, if there are problems, give you leverage for negotiating the buying price down or asking the vendor to fix the problems before you move in.