My wife and I are selling our property in Shaftesbury and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. A local lawyer would know this is not the case. It does beg the question why the purchasers instructed an online conveyancing practice as opposed to a conveyancing solicitor in Shaftesbury. Having lived in Shaftesbury for many years we know of no issue. Do we get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
Despite weeks of looking the Title Certificate and documents to my home are lost. The conveyancers who conducted the conveyancing in Shaftesbury 4 years ago no longer exist. What are my options?
In today’s world there are duplicates made of almost everything, and your lawyer should know exactly where to locate all the appropriate paperwork so you may buy or dispose of your house without any difficulty. Where duplicates are not available, your conveyancer may be able to put in place insurance or indemnities protecting you against future claims on the premises.
I am buying a new build house in Shaftesbury with a mortgage from Alliance & Leicester . The sellers refused to move on the price so I negotiated 6k of fixtures and fittings instead. The property agent told me not inform my lawyer about this side-deal as it would affect my loan with Alliance & Leicester . 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.
I am looking for a ground for flat up to £245,000 and found one round the corner in Shaftesbury I like with amenity areas and railway links nearby, the downside is that it only has 49 years on the lease. I can't really find anything else in Shaftesbury suitable, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a mortgage that many years will be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this.
Do online conveyancing companies cover everything a high street Shaftesbury solicitor does or do I still need to retain a solicitor for the final stages for my conveyancing in Shaftesbury?
Where you choose an online conveyancer they should cover all the things your Shaftesbury solicitor would cover.