We hope to to buy with Darlington Building Society. We have called around locally yet cant to find a Ashton conveyancing firm on the Darlington Building Society panel. Please you help?
You should make use of the search tool on this web page. Please choose the building society and type Ashton or your preferred area and you will be presented with numerous conveyancers based in Ashton or nearest you.
The deeds to our home can not be found. The conveyancers who did the conveyancing in Ashton 5 years ago have long since closed. What are my next steps?
Gone are the days when you need to have the physical official documentation to evidence that you are the owner of your registered land or premises, given that the Land Registry have everything they need in a digital format.
I am buying my first flat in Ashton benefiting from help to buy. The builders refused to reduce the price so I negotiated 6k of extras instead. The house builders rep advised me not to tell my solicitor about the deal as it would adversely affect my mortgage with the bank. Is this normal?.
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.
My company is planning to take over a lease of an office on a shopping parade. Can you recommend solicitors offering fixed fees for commercial conveyancing in Ashton for less than 2k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Ashton, including the disposal and purchase of businesses as well as simply premises. If you are looking to buy or lease a shop, pub, restaurant, office, retail premises or a complete business we will find you the right firm. As for the charges these will vary based on the structure and terms of the deal. Please provide us with your contact information or email so as to enable us to supply you with comprehensive commercial conveyancing calculation.
I work for a busy estate agency in Ashton where we see a few leasehold sales put at risk as a result of short leases. I have received conflicting advice from local Ashton conveyancing firms. Can you confirm whether the owner of a flat can start the lease extension process for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I own a leasehold flat in Ashton, conveyancing was carried out half a dozen years ago. How much will my lease extension cost? Similar properties in Ashton with over 90 years remaining are worth £190,000. The ground rent is £45 invoiced every year. The lease ends on 21st October 2085
With just 62 years remaining on your lease we estimate the price of your lease extension to be between £17,100 and £19,800 as well as costs.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.