Me and my partner are soon to exchange on the purchase of a house in Long Hanborough but as a consequence of wreckage from the recent storms I have managed to agree compensation from the vendor of three thousand pounds by way of a adjustment in the price. This was going to be dealt with as part of the conveyancing process but Coventry BS will not permit this. Should they have been notified?
Any lawyer being on a Coventry BS approved list is obliged to inform Coventry BS of any changes to the purchase price. If you were to refuse your conveyancing practitioner to disclose the price change to Coventry BS then they would have to discontinue acting for you. In addition, Coventry BS and you would have to appoint a new property lawyer for your conveyancing in Long Hanborough.
We note that you have a post code search directory identifying solicitors on the Aldermore conveyancing panel. Do firms pay you a referral fee if I instruct them for our conveyancing in Long Hanborough?
We are a listing service only for law firms wishing to communicate if they are on the Aldermore conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Long Hanborough.
How does conveyancing in Long Hanborough differ for new build properties?
Most buyers of new build residence in Long Hanborough approach us having been asked by the builder to exchange contracts and commit to the purchase even before the property is constructed. This is because house builders in Long Hanborough usually purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Long Hanborough or who has acted in the same development.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one near me in Long Hanborough I like with amenity areas and station nearby, however it's only got 51 years on the lease. There is not much else in Long Hanborough in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
If you require a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
I am looking into buying my first house which is in Long Hanborough and I am already nervous. I couldn't find anything specific about Long Hanborough. Conveyancing will be needed in due course but do you know about the Long Hanborough area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Long Hanborough. In the meantime here are some basic statistics that we found