We are a couple about to sign contracts for a ground floor flat in Denbighshire. We have hit a snag. Our mortgage offer with The Royal Bank of Scotland expires on 20/9/2021 but the vendors are suggesting a completion date of 22/9/2021. Can one prolong the loan offer?
The person best placed to deal with your concern is your conveyancer who will assess if he or she is should be discussing with the bank, seller’s representatives, estate agents or indeed all three given the history of your house move as of today.
Can you explain why leasehold purchase conveyancing in Denbighshire is more expensive?
Denbighshire leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving appropriate notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
My brother-in-law has suggested I instruct a conveyancing solicitor in Denbighshire. I I would like to check whether they are accepted on the Yorkshire Building Society conveyancing panel. Can you advise?
You should call the conveyancer and enquire if they are on the lender panel. Otherwise you can get in touch with Yorkshire Building Society who may be able to confirm.
I’m about to sell my 2 bed flat in Denbighshire. Conveyancing is yet to be initiated, however I have recently had a yearly service charge demand – should I leave it to the buyer to sort out?
The sensible thing to do is discharge the service charge as normal given that all ground rent and maintenance charges should be apportioned on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I purchased a leasehold flat in Denbighshire, conveyancing having been completed October 2010. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Denbighshire with an extended lease are worth £171,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease runs out on 21st October 2100
You have 79 years left to run we estimate the price of your lease extension to span between £8,600 and £9,800 plus plus your own and the landlord's "reasonable" professional fees.
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 in the absence of comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.
Me and mywife and I are searching for a trustworthy conveyancing solicitor in Denbighshire to buy a home. I am aware of the chance of getting ripped off and there's lots of Denbighshire conveyancing firms out there...how do I know which one is best to select?
To get quotes for your move via conveyancing firms that provide services in Denbighshire please make the most of our quote tool.