I am purchasing a flat and need a conveyancing solicitor in Falconwood who is on the Bank of Ireland solicitor. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Bank of Ireland in certain locations such as Falconwood. We dont recommend any particular firm.
I am buying my first flat in Falconwood with a loan from The Mortgage Works. The developers would not reduce the price so I negotiated £7000 of extras instead. The sale representative suggested that I not inform my lawyer about the deal as it would adversely affect my loan with the lender. Is this normal?.
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.
Due to the guidance of my in-laws I had a survey completed on a house in Falconwood ahead of instructing conveyancers. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some mortgage companies tend not issue a loan on this type of premises.
It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. If you contact us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Falconwood. Conveyancing may be slightly more expensive based on your lender's requirements.
I am downsizing from my home. My former conveyancers have shut. It would be helpful to have a recommendation of a conveyancing firm. Im based in Falconwood if that affects matters.
Do use our search tool to help you find a solicitor for your conveyancing in Falconwood. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I today plan to offer on a house that seems to meet my requirements, at a reasonable price which is making it all the more appealing. I have just discovered that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns purchasing a leasehold house in Falconwood. Conveyancing lawyers have are soon to be instructed. Will my lawyers set out the implications of buying a leasehold house in Falconwood ?
The majority of houses in Falconwood are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can assist with the conveyancing process. it is apparent that you are buying in Falconwood in which case you should be shopping around for a Falconwood conveyancing practitioner and be sure that they have experience in transacting on leasehold houses. First you will need to check the unexpired lease term. As a tenant you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as obtaining the freeholder’sconsent to conduct changes to the property. You may also be required to pay a contribution towards the upkeep of the communal areas where the house is part of an estate. Your solicitor will appraise you on the various issues.
I am the proprietor of a ground-floor 1950’s flat in Falconwood. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the sum due for a lease extension?
Where there is a missing landlord or where there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the LVT to make a decision on the premium.
An example of a Lease Extension case for a Falconwood flat is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case affected 1 flat.