How do I investigate if the solicitor carrying out my conveyancing in Hanslope is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Accord Mortgages Ltd thus spending £175.00 in another set of conveyancing costs.
Please do take advantage of the find a lender approved solicitor tool on this page. Please choose the mortgage company and type ‘Hanslope’ or your location and you will discover numerous conveyancers located in Hanslope or nearest you.
My partner and I are downsizing from our house in Hanslope and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any high street Hanslope conveyancer would know this is not the case. It does beg the question why the buyers are using a web based conveyancing outfit rather than a conveyancing solicitor in Hanslope. We have lived in Hanslope for many years we know that this is a non issue. Should we get in touch with our local Authority to seek confirmation that there is no issue.
It sounds as though you may have a conveyancing lawyer currently acting for you. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I'm buying my first flat in Hanslope benefiting from help to buy. The developers refused to budge the amount so I negotiated five thousand pounds worth of extras instead. The property agent suggested that I not to tell my lawyer about the deal as it would impact my loan with Barclays . Do I keep my lawyer in the dark?.
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 encouragement of my in-laws I had a survey completed on a house in Hanslope before appointing lawyers. I have been told that there is a flying freehold element to the house. My surveyor advised that some mortgage companies may not issue a loan on this type of home.
It depends who your proposed lender is. Bank of Scotland has different requirements from Birmingham Midshires. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Hanslope. Conveyancing will be smoother if you use a solicitor in Hanslope especially if they are familiar with such properties in Hanslope.
I have just appointed agents to market my garden apartment in Hanslope. Conveyancing has not commenced, but I have just had a half-yearly maintenance charge invoice – Do I pay up?
It best that you discharge the maintenance contribution as you normally would as all rents and maintenance payments should be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice 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 bought a studio flat in Hanslope, conveyancing having been completed in 2012. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Hanslope with a long lease are worth £176,000. The ground rent is £50 levied per year. The lease runs out on 21st October 2070
With just 50 years remaining on your lease the likely cost is going to range between £31,400 and £36,200 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more detailed investigations. You should not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before getting professional advice.