I am buying my first flat in Flint Mountain with a loan from Bank of Ireland. The sellers refused to budge the price so I negotiated 6k of fixtures and fittings instead. The estate agent told me not inform my lawyer about the side-deal as it may affect my mortgage 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.
Is there anything unique about your site and alternative web based conveyancing solicitors when it comes to conveyancing in Flint Mountain?
At this site secure an accurate costs illustration from a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Flint Mountain. Unlike many estate agents and many comparison sites we do not have commission deals with solicitors. A large number of agents and online brokers 'recommend' the firm paying the highest commission, not the best value conveyancing in Flint Mountain
I need to retain a conveyancing solicitor for some conveyancing in Flint Mountain. I happened to stumble across a web site which appears to be the perfect answer If there is a chance to get all formalities done via email that would be preferable. Do I need to be concerned? What are the potential pitfalls?
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?
I work for a busy estate agency in Flint Mountain where we have experienced a few flat sales derailed due to short leases. I have received contradictory information from local Flint Mountain conveyancing solicitors. Could you shed some light as to whether the vendor of a flat can instigate the lease extension process for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the sale.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Flint Mountain Leasehold Conveyancing - Examples of Questions you should ask before Purchasing
For many Flint Mountain leaseholds the outlay for major works tend not to be included within maintenance charges, albeit that a few managing agents in Flint Mountain ask tenants to pay into a reserve fund created for the specific purpose of building a fund for larger works. How long is the Lease? Is anyone aware of any major works on the horizon that will likely increase the service fees?
Are there any apps to help find a Flint Mountain conveyancing solicitor on the bank conveyancing panel? I have a car and am prepared to travel up to twentymiles to attend the conveyancer.
You can use the find a conveyancing panel tool on this website. Please choose the lender and your location, in this case Flint Mountain and you will see a number of lawyer located nearest Flint Mountain. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the bank solicitor panel.