My brother-in-law has suggested I instruct a conveyancing solicitor in Linslade. I need to find out if they are accepted on the Skipton Building Society conveyancing panel. Could you or the lender confirm if they are on the panel?
The first thing you should do is e-mail the lawyer and ask them whether they can act for the lender. Otherwise please call Skipton Building Society who may be able to confirm.
I am purchasing a new build house in Linslade benefiting from help to buy. The sellers would not budge the amount so I negotiated £7000 of additionals instead. The estate agent suggested that I not reveal to my conveyancer about this deal as it may impact my mortgage with Clydesdale. Do I keep my lawyer in the dark?.
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.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what should have been a straight forward, no chain conveyancing. Linslade is the location of the property. Can you offer any opinion?
Flying freeholds in Linslade are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Linslade you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Linslade may decide 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 property.
I am a sole trader hoping to take an assignment of a lease of an office on the high street. Can you recommend conveyancers offering competitive charges for non-domestic conveyancing in Linslade for below £2000?
We can recommend firms who host a wealth of experience of commercial conveyancing in Linslade, including the sale and acquisition of businesses as well as simply property. Whether you are hoping to buy or lease a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right solicitor. As for the charges these will vary based on the structure and terms of the proposed transaction. Please provide us with your details or telephone us so that we may supply you with a detailed commercial conveyancing quote.
My wife and I purchased a leasehold flat in Linslade. Conveyancing and Britannia mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1991. The conveyancing practitioner in Linslade who acted for me is not around. What should I do?
First make enquiries of the Land Registry to be sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. There is no need to instruct a Linslade conveyancing practitioner to do this as you can do this on the Land Registry website for a few pound. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Leasehold Conveyancing in Linslade - A selection of Queries Prior to buying
Are any of leasehold owners in arrears of their service charge payments? The majority of Linslade leasehold properties will have a service charge for maintenance of the block set on behalf of the freeholder. Where you buy the apartment you will have to pay this liability, usually in instalments accross the year. This can be anything from a few hundred pounds to thousands of pounds for buildings with lifts and large common grounds. There will also be a rentcharge for you to pay annual, this is usually not a significant amount, say about £25-£75 but you need to enquire as occasionally it can be many hundreds of pounds. The best form of lease structure is a share of the freehold. In this situation the leaseholders have being in charge if their destiny and although a managing agent is often retained where it is bigger than a house conversion, the managing agent acts for the leaseholders themselves.