We are about to complete buying a property in Litherland but as a consequence of wreckage from some water damage at the property I have was able negotiate compensation from the owner in the sum of £3k in the form of a deduction in the price. This was going to be dealt with as part of amending the contract yet will not agree to this. Why were they approached?

The being on a approved list is duty bound to inform of any amendments to the sale price. If you prohibit your to notify the price change to then they would have to discontinue acting for you. In addition, and you would have to appoint a new for your conveyancing in Litherland.

I am buying a new build house in Litherland with a loan from . The developers would not reduce the price so I negotiated £7000 of additionals instead. The sale representative advised me not disclose to my conveyancer about the deal as it will impact my loan with . 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.

My husband and I are new to the buying process - had an offer accepted, but the agent informed us that the vendor will only issue a contract if we instruct their recommended solicitors as they are insisting on a ‘quick sale’. We would rather use a local solicitor who is familiar with conveyancing in Litherland

We suspect that the seller is unaware of this ultimatum. Should the owner desire ‘a quick sale', taking such a hostile approach to a genuine buyer is not the way to achieve this. Speak to the owners direct and make the point that (a)you are keen to buy (b)you are ready to progress, with finances in place © you have nothing to sell (d) you intend to proceed fast (e)but you are going to use your own,trusted Litherland conveyancing lawyers - rather thanthe ones that will provide their negotiator at the agency a commission or achieve conveyancing thresholds demanded by corporate headquarters.

I have just started marketing my ground floor apartment in Litherland. Conveyancing is yet to be initiated, but I have just had a yearly service charge invoice – what should I do?

It best that you clear the maintenance contribution as usual as all rents and service charges will be apportioned 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 next payment 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 leasehold flat in Litherland, conveyancing formalities finalised 1995. How much will my lease extension cost? Equivalent flats in Litherland with over 90 years remaining are worth £165,000. The ground rent is £45 invoiced annually. The lease expires on 21st October 50

With 50 years unexpired we estimate the price of your lease extension to be between £36,100 and £41,800 as well as legals.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.

I am buying a house and require a conveyancing solicitor in Litherland who is on the lender solicitor panel. Can you recommend a Litherland or local Litherland solicitor?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the lender who carry out conveyancing in Litherland. We dont recommend any particular solicitor.