Can the conveyancing solicitors listed on your site conduct right to buy conveyancing in Gerrards Cross and Chalfont?

We have identified a variety of conveyancing solicitors who can service right to buy conveyancing work Please get in touch with the conveyancers listed with a view to obtain a costs illustration.

We are expecting a mortgage offer soon. The lender mentioned the mortgage came with free conveyancing. Does this mean I have to instruct their panel conveyancer as I would prefer to use a Gerrards Cross and Chalfont based conveyancing firm?

Do check but the chances are that appoint one of their panel solicitors should you accept the "fee-free" offer. Call the bank to check if they make available a cash alternative. Some lenders have previously offered a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor in Gerrards Cross and Chalfont.

I'm purchasing my first flat in Gerrards Cross and Chalfont with a mortgage from National Westminster Bank. The sellers refused to budge the amount so I negotiated 6k of fixtures and fittings instead. The property agent suggested that I not inform my lawyer about the side-deal as it would 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.

Over the last few months I have been searching for a leasehold apartment up to £305k and identified one close by in Gerrards Cross and Chalfont I like with amenity areas and station in the vicinity, the downside is that it only has 61 remaining years left on the lease. I can't really find anything else in Gerrards Cross and Chalfont suitable, so just wondered if I would be making a mistake buying a short lease?

If you require a home loan that many years may be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.

I own a a ground floor purpose built flat in Gerrards Cross and Chalfont. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the premium due for a lease extension?

in cases where there is a absentee freeholder or if there is disagreement about the premium for a lease extension, under the relevant statutes you can apply to the First-tier Tribunal (Property Chamber) to determine the amount due.

An example of a Lease Extension decision for a Gerrards Cross and Chalfont flat is Flats 8, 11 and 15 Craigmore Court 46 Murray Road in December 2013. The tribunal held that the price payable by the Applicant tenant of Flat 8 to acquire an extended lease shall be £26,438 plus £1 to the intermediate lessee . The tribunal held that the price payable by the Applicant tenants of Flat 11 to acquire an extended lease shall be £26,791 plus £1 to the intermediate lessee. The tribunal held that the price payable by the Applicant tenant of Flat 15 to acquire an extended lease shall be £26,638 plus £1 to the intermediate lessee . This case affected 3 flats. The unexpired residue of the current lease was 71 years.

When it comes to leasehold conveyancing in Gerrards Cross and Chalfont what are the most frequent lease problems?

There is nothing unique about leasehold conveyancing in Gerrards Cross and Chalfont. All leases are individual and drafting errors can sometimes mean that certain provisions are not included. The following missing provisions could result in a defective lease:

Maintenance charge proportions which don’t add up to the correct percentage Insurance obligations

A defective lease can cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Birmingham Midshires, The Royal Bank of Scotland, and Platform Home Loans Ltd all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to grant the mortgage, forcing the buyer to withdraw.