My bank has suggested a law firm on their panel based in Hackbridge but I would rather choose a conveyancing lawyer in Hackbridge local to me. Are you able to assist?
Not all Hackbridge conveyancing firms are on all banks conveyancing panel. Do make use of the above search tool to locate a Hackbridge conveyancing solicitor on the on the bank panel.
I'm buying a new build house in Hackbridge with the aid of help to buy. The developers would not budge the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative advised me not to tell my lawyer about this side-deal as it may put at risk my loan with the bank. Is this normal?.
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've recently found out that there is a flying freehold element on a property I put an offer in last month in what was supposed to be a simple, no chain conveyancing. Hackbridge is the location of the property. Is there any advice you can impart?
Flying freeholds in Hackbridge are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hackbridge you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hackbridge may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
How do I search for a Hackbridge solicitor on the The Royal Bank of Scotland conveyancing panel? I have a car and am prepared to travel upto 25kilometers to meet the lawyer.
Feel free to make use of the tool on this page. Please choose the bank and your location and you will see a number of Hackbridge conveyancing lawyers located nearest you. We have detailed some Hackbridge conveyancing firms towards the end of this page and you can contact them to see if they are on the The Royal Bank of Scotland panel
I am tempted by the attractive purchase price for a two flats in Hackbridge which have approximately fifty years remaining on the lease term. Do I need to be concerned?
A lease is a legal document that entitles you to use the premises for a prescribed time frame. As a lease gets shorter the marketability of the lease decreases and results in it becoming more expensive to acquire a lease extension. For this reason it is often a good idea to extend the lease term. Sometimes it is difficult to sell a property with a short lease as mortgage lenders may be unwilling to lend money on properties of this type. Lease enfranchisement can be a difficult process. We recommend you get professional help from a conveyancer and surveyor with experience in this field.
I have tried to negotiate informally with with my landlord for a lease extension without success. Can a leaseholder make an application to the Leasehold Valuation Tribunal? Can you recommend a Hackbridge conveyancing firm to assist?
You certainly can. We can put you in touch with a Hackbridge conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Hackbridge residence is 21 & 23 Carshalton Grove in May 2009. the Tribunal adopted the figures presented as the premiums payable by the Applicant i.e. a total of £20,750. This case affected 2 flats. The unexpired residue of the current lease was 72 years.