I am buying a new build house in Borth and Talybont benefiting from help to buy. The sellers would not move on the price so I negotiated 6k of fixtures and fittings instead. The property agent told me not to tell my conveyancer about this extras as it will adversely affect my loan with the lender. 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 to sell my house. My former solicitors have shut. I am in need of a recommendation of a conveyancing firm. Im based in Borth and Talybont if that makes a difference.
Do use our search tool to help you choose a solicitor for your conveyancing in Borth and Talybont. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
My partner has recommend that I instruct his lawyers for conveyancing in Borth and Talybont. Should I use them?
Much as we are happy to recommend a Borth and Talybont conveyancing lawyer the ideal way to select a conveyancing solicitor is to seek feedback from friends or family who have actually experience in using the firm that you are contemplating using.
Having checked my lease I have discovered that there are only 72 years left on my lease in Borth and Talybont. I am keen to get lease extension but my landlord is absent. What options are available to me?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be lengthened by the magistrate. You will be obliged to demonstrate that you have made all reasonable attempts to find the freeholder. For most situations a specialist would be useful to carry out a search and prepare an expert document which can be used as proof that the freeholder is indeed missing. It is wise to seek advice from a solicitor in relation to devolving into the landlord’s disappearance and the application to the County Court overseeing Borth and Talybont.
I invested in buying a basement flat in Borth and Talybont, conveyancing was carried out half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Similar properties in Borth and Talybont with a long lease are worth £195,000. The ground rent is £45 charged once a year. The lease expires on 21st October 2082
With 63 years unexpired we estimate the price of your lease extension to span between £16,200 and £18,600 plus legals.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.
Been looking for a property lawyer for freehold sale conveyancing in Borth and Talybont. We are selling, simple no mortgage to redeem, no hurry, currently empty. Received an estimate from a lawyer for £900 plus VAT which is a tad expensive considering its so straightforward. Can I pay less for conveyancing in Borth and Talybont?
Considering it’s a sale only, £425 + VAT is likely to be about the lowest for sale conveyancing in Borth and Talybont.