What does a local search reveal regarding the house I am buying in Gidea Park?
Gidea Park conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search organisations for instance PSG The local search is essential in every Gidea Park conveyancing purchase; that is if you don’t want any unpleasant surprises after you move into your property. The search should reveal data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.
I am buying my first flat in Gidea Park with a mortgage from Skipton Building Society. The sellers refused to reduce the price so I negotiated 6k of additionals instead. The property agent suggested that I not disclose to my solicitor about the extras as it may adversely affect my loan with the lender. Do I keep my lawyer in the dark?.
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've recently found out that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a quick, chain free conveyancing. Gidea Park is the location of the property. Can you offer any advice?
Flying freeholds in Gidea Park are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Gidea Park you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Gidea Park may determine 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.
My father has recommend that I appoint his conveyancing solicitors in Gidea Park. Do I take his recommendation?
No doubt the best way to choose a conveyancing lawyer is to have recommendations from friends or family who have actually previously instructed the solicitor that you are are thinking of instructing.
A conveyancing company acted on my conveyancing in Gidea Park seven years past having archived my deeds but has since been shut down – What can I do to retreive these?
Title deeds, as such, no longer exist as most homes in Gidea Park are registered electronically at Land Registry. Where you need to prove evidence of proprietorship or are disposing of or refinancing your conveyancing practitioner should obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned with reasonable haste.