My father pointed out to me me that in buying a property in Mayfield there may be various restrictions prohibiting external alterations to the property. Is this right?
There are anumerous of properties in Mayfield which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Mayfield should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
My husband and I have organised a further advance on our home loan from Nottingham as we want to conduct alterations to our property in Mayfield. Do we need to choose a local Mayfield solicitor on the Nottingham conveyancing panel to handle the legals?
Nottingham do not ordinarily instruct firms on their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Nottingham panel.
Planning on purchasing a flat in Mayfield. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the UBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Mayfield conveyancer is on the UBS conveyancing panel.
Over the last few months I have been searching for a flat up to £305k and identified one close by in Mayfield I like with a park and railway links in the vicinity, the downside is that it's only got 51 years on the lease. There is not much else in Mayfield for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a home loan that many years will be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you can ask them to start the process of the extension and then assign 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 concerning this.
I was advised by numerous selling agents in Mayfield to find a property lawyer using your seach tool. Is there a financial advantage for Estate Agents to promote your services rather than another?
We don’t give any referral fee for pointing buyers and sellers our way. We found it would be just too difficult to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
I need to find a conveyancing solicitor for residential conveyancing in Mayfield. I have discover a web site which seems to have the perfect solution If there is a chance to get all the legals completed via web that would be ideal. Should I 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?
The lawyers handling our conveyancing in Mayfield has forwarded documents to review that show the land is unregistered with epitome documents. Is it not the case that all property in Mayfield should be registered?
Although most properties in Mayfield are now registered with the Land Registry there are still a few that are unregistered. Any property in Mayfield that has been purchased since the late 1980’s will have been registered at the HMLR under the compulsory ‘first registration’ scheme. However, if a Mayfield property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Many Mayfield conveyancing lawyers should be able to handle this type of conveyancing but where uncertainty exists the conventional advice presently is for the vendor’s solicitor to undertake the registration formalities first and subsequently deal with the dispose of the property to the purchaser - this will predictably result in a drawn-out transaction.