Our bank has recommended a law firm on their panel based in Bordon but I would rather instruct a conveyancing lawyer in Bordon or nearer to where I live. Can you help?
It is by no means the case that all Bordon conveyancing firms are listed all banks conveyancing panel. Use our find an approved solicitor tool to find a Bordon conveyancing solicitor on the on the mortgage company panel.
Should commercial conveyancing searches reveal planned roadworks that may affect a commercial estate in Bordon?
Many commercial conveyancing solicitors in Bordon will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Bordon. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Bordon.
For each commercial conveyancing transaction in Bordon it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could cause delays to Bordon commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Bordon.
I am purchasing a new build house in Bordon benefiting from help to buy. The sellers would not move on the amount so I negotiated 6k of fixtures and fittings instead. The property agent suggested that I not disclose to my solicitor about the side-deal as it may impact my mortgage with the bank. Is this normal?.
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.
Due to the encouragement of my in-laws I had a survey completed on a house in Bordon before appointing conveyancers. I have been advised that there is a flying freehold aspect to the property. Our surveyor has said that some banks may refuse to grant a mortgage on a flying freehold house.
It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. Should you wish to call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Bordon. Conveyancing may be slightly more expensive based on your lender's requirements.
Harry (my fiance) and I may need to rent out our Bordon garden flat temporarily due to a new job. We instructed a Bordon conveyancing firm in 2001 but they have since shut and we did not have the foresight to seek any guidance as to whether the lease allows us to sublet. How do we find out?
Your lease dictates the relationship between the freeholder and you the flat owner; specifically, it will set out if subletting is prohibited, or permitted but only subject to certain caveats. The accepted inference is that if the lease contains no expres ban or restriction, subletting is allowed. The majority of leases in Bordon do not contain an absolute prevention of subletting – such a clause would adversely affect the market value the flat. Instead, there is usually a basic requirement that the owner notifies the freeholder, possibly supplying a duplicate of the sublease.
I am the registered owner of a split level flat in Bordon, conveyancing formalities finalised May 2009. How much will my lease extension cost? Corresponding flats in Bordon with an extended lease are worth £186,000. The ground rent is £55 per annum. The lease finishes on 21st October 2071
With just 52 years remaining on your lease we estimate the price of your lease extension to range between £29,500 and £34,000 as well as legals.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.