My relative advised me that where I am purchasing in Edge Hill I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually included in the estimate for your Edge Hill conveyancing searches. It is not a small document of about 40 pages, listing and detailing important information about Edge Hill around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Edge Hill Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Edge Hill Education with plans and statistics, Local Amenities and other useful data about Edge Hill.
I am buying a new build house in Edge Hill with a mortgage from Platform Home Loans Ltd. The builders would not reduce the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent advised me not reveal to my conveyancer about this deal as it could adversely affect my loan with the bank. Should I keep quiet?.
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.
I need to instruct a conveyancing solicitor for freehold conveyancing in Edge Hill. I've discover a site which looks to be the perfect answer If there is a chance to get all this stuff completed via phone that would be preferable. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Estate agents have just been given the go-ahead to market my basement flat in Edge Hill. Conveyancing has not commenced, however I have recently had a quarterly maintenance charge invoice – Do I pay up?
It best that you discharge the maintenance contribution as usual given that all ground rent and service invoices will be apportioned on completion, 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. Having a clear account will assist your cause and will leave you no worse off financially.
I am the registered owner of a studio flat in Edge Hill, conveyancing having been completed June 2000. How much will my lease extension cost? Corresponding properties in Edge Hill with over 90 years remaining are worth £201,000. The ground rent is £45 invoiced every year. The lease comes to an end on 21st October 2083
With 64 years left to run we estimate the premium for your lease extension to be between £14,300 and £16,400 as well as legals.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs 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 additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.
My step-mother purchased her house in Edge Hill eight years ago. She has since got married, divorced and has recently married again. She intends to sell the house in a few weeks. I believe she will simply be need to supply copies of her marriage certificates to the property lawyer but she is concerned it will hold up the house sale. Should she appoint a property lawyer to update the Land Registry information for the house?
The is no need to bring up to date the register providing you have the evidence required to show how the change of name has come about.
The buyer’s conveyancer will examine the registered information and ask for evidence to establish the name change e.g. marriage documentation.