Me and my partner are due to complete on the purchase of a house in East Boldon but as a consequence of wreckage from the recent storms I have managed to agree recompense from the current proprietors of £3k taking the form of a reduction in the price. This was going to be dealt with as part of amending the contract yet Skipton are not allowing this. Should they have been involved?
Any conveyancer that is on a Skipton conveyancing panel is required to advise Skipton of any amendments to the sale price. If you were to refuse your conveyancing practitioner to disclose the reduction to Skipton then they would have to discontinue acting for you. In addition, Skipton and you would have to appoint a new solicitor for your conveyancing in East Boldon.
We wanted to use a property lawyer in East Boldon for our home move. Our financial adviser informed us that our mortgage company Bank of Ireland won't deal with them. Surely this is unfair competition?
A lender will insist on an approved conveyancer act for it. You would be liable to bear the cost of this. Do use our search facility to find a solicitor to carry conveyancing in East Boldon on the Bank of Ireland approved list of solicitors.
Due to the encouragement of my in-laws I had a survey completed on a house in East Boldon prior to appointing conveyancers. I have been advised that there is a flying freehold overhang to the property. Our surveyor advised that some banks tend refuse to grant a mortgage on such a house.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Nationwide. If you call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in East Boldon. Conveyancing will be smoother if you use a solicitor in East Boldon especially if they are accustomed to such properties in East Boldon.
How do I search for a East Boldon solicitor on the Nationwide Building Society conveyancing panel? I have a car and am willing to travel upto 10kilometers to meet the solicitor.
Feel free to make use of the tool on this website. Please choose the bank and your location and you will see a number of East Boldon conveyancing lawyers located nearest you. We have listed some East Boldon conveyancing firms towards the end of this page and you can ring them to see if they are on the Nationwide Building Society approved list
I’m about to sell my basement flat in East Boldon. Conveyancing has not commenced, but I have just had a half-yearly maintenance charge invoice – what should I do?
The sensible thing to do is clear the invoice as usual given that all ground rent and service invoices will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most management companies 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.
Leasehold Conveyancing in East Boldon - Sample of Questions you should consider Prior to buying
What is the length of the lease? Are any of leasehold owners in dispute over their service charge payments? The answer will be useful as a) areas can cause problems in the building as the communal areas may begin to deteriorate if maintenance are not paid for b) if the leaseholders have a dispute with the running of the building you will want to have complete disclosure