My mortgage company has recommended solicitors on their panel based in Haslington but I would rather choose a conveyancing lawyer in Haslington local to me. Can you assist?

Not all Haslington conveyancing firms are listed all banks conveyancing panel. Use the above find an approved solicitor tool to locate a Haslington conveyancing solicitor on the on the lender panel.

I'm purchasing a new build house in Haslington with the aid of help to buy. The builders refused to budge the amount so I negotiated £7000 of extras instead. The estate agent suggested that I not reveal to my solicitor about this side-deal as it may impact my loan with Platform Home Loans Ltd. Should I keep quiet?.

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.

I am looking for a ground for flat up to £245,000 and found one close by in Haslington I like with amenity areas and railway links in the vicinity, the downside is that it only has 49 years unexpired on the lease. There is not much else in Haslington in this price bracket, so just wondered if I would be making a grave error buying a short lease?

Should you require a home loan that many years will be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.

I need to appoint a conveyancing solicitor for some conveyancing in Haslington. I've discover a site which looks to be the perfect answer If there is a chance to get all formalities done via web that would be preferable. Do I need to be wary? What should out be looking out for?

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?

What are the common problems that you encounter in leases for Haslington properties?

Leasehold conveyancing in Haslington is not unique. Most leases are unique and legal mistakes in the legal wording can sometimes mean that certain clauses are erroneous. For example, if your lease is missing any of the following, it could be defective:

A duty to insure the building Service charge per centages that don't add up correctly leaving a shortfall

You will have difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, Norwich and Peterborough Building Society, and Britannia all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to provide security, forcing the buyer to withdraw.

I invested in buying a 2 bed flat in Haslington, conveyancing having been completed November 2000. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Haslington with an extended lease are worth £222,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease runs out on 21st October 2095

With just 70 years remaining on your lease we estimate the price of your lease extension to range between £9,500 and £11,000 plus professional fees.

The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.