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Find a Moss Nook Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Moss Nook? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Moss Nook transaction at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Moss Nook conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Moss Nook

Recently been in touch with my conveyancing lawyer in Moss Nook who conducted the legals two years ago asking for a conveyancing costs illustration based on the same type of home move (a leasehold residence and a freehold property) of similar values with a mortgage from Platform Home Loans Ltd. It looks as though am now being charged twice the amount. Should I look for an alternative firm of conveyancing solicitor?

The estimate fees appear a tad high. If you you were to look around you may be able to reduce the fees slightly by perhaps £125. On the other hand, if you were happy with the conveyancing the firm offered you maycome to regret opting for an an unknown conveyancer. Remember to be sure that the conveyancer can represent Platform Home Loans Ltd. Do use our search tool to get a quote a Moss Nook conveyancing firm on the Platform Home Loans Ltd conveyancing panel, which can often include conveyancing solicitors in Moss Nook.

I am the registered owner of a freehold premises in Moss Nook yet pay rent, why is this and what is this?

It is rare for properties in Moss Nook and has limited impact for conveyancing in Moss Nook but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges post 1977.

Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.

I need some fast conveyancing in Moss Nook as I am faced with a deadline to sign on the dotted line within 4 weeks. A home loan is not required. Is it possible to escape the need for conveyancing searches to save fees and time?

If.Given you are are a mortgage free buyer you have the choice not to have searches conducted although no conveyancer would advise that you don't. Drawing on our experience of conveyancing in Moss Nook the following are examples of issues that can be revealed and therefore affect the marketability of the property: Refused Planning Applications, Outstanding Fees, Overdue Grants, Unadopted Roads,...

I'm buying my first flat in Moss Nook with a loan from Norwich and Peterborough Building Society. The sellers would not move on the price so I negotiated £7000 of extras instead. The house builders rep advised me not inform my conveyancer about the side-deal as it would affect my mortgage with Norwich and Peterborough Building Society. 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've recently bought a leasehold house in Moss Nook. Am I liable to pay service charges relating to a period prior to completion of my purchase?

In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Moss Nook Conveyancing for Leasehold Flats - Sample of Questions you should ask Prior to Purchasing

    The prefered form of lease arrangement is if the freehold interest is in the ownership of the leaseholders. In this arrangement the tenants benefit from control and although a managing agent is usually employed where the building is bigger than a house conversion, the managing agent acts for the leaseholders themselves. Who manages the building? How much is the annual maintenance fee and ground rent?

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