I have been told that property searches are the number one cause of obstruction in Saltburn By The Sea house deals. Is this right?

The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays during the legal transfer of property. Local searches are unlikely to feature in any delay in conveyancing in Saltburn By The Sea.

2 months have elapsed since my purchase conveyancing in Saltburn By The Sea took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £215,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I am buying a new build house in Saltburn By The Sea with the aid of help to buy. The sellers refused to move on the amount so I negotiated five thousand pounds worth of additionals instead. The house builders rep advised me not inform my solicitor about the extras as it may jeopardize my loan with TSB. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer 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 property I put an offer in last month in what was supposed to be a simple, chain free conveyancing. Saltburn By The Sea is where the house is located. Can you shed any light on this issue?

Flying freeholds in Saltburn By The Sea are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Saltburn By The Sea you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Saltburn By The Sea 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 premises.

22 days into a sale of a flat in Saltburn By The Sea. Conveyancing lawyers are doing their job but we have been asked to pay an extortionate amount by the landlord. To date we have issued a cheque for £225 for a leasehold management pack and then another £118 for additional questions supplied by the buyers conveyancer.

Neither you or your conveyancing practitioner will have any sway over the level of the fee for this information but the average fee for the information for Saltburn By The Sea leasehold premises is £360. For Saltburn By The Sea conveyancing transactions it is usual for the seller to cover the costs. The landlord or their agents are under no legal obligation to address these questions most will agree to do so - albeit often at exorbitant prices disproportionate to the work involved. Regretfully there is no law that mandates fixed charges for administrative tasks. Neither is there any statutory time limit by which they are duty bound to provide the information.