How up to date is your search tool for Northop Hall conveyancing solicitors on the Co-operative conveyancing panel? Do Co-operative send you an updated list?
Northop Hall conveyancing firms themselves provide us confirmation that they are on the Co-operative conveyancing panel as opposed to being supplied with a list from Co-operative directly.
We wanted to use a property lawyer in Northop Hall for our house move. Our financial adviser has since notified us that our bank Bank of Scotland won't deal with them. Why is this not regarded as unfair competition?
A bank will insist on an approved solicitor act for it. Borrowers are liable to bear the charges for this. Try using our directory service to get a quote from a solicitor to carry conveyancing in Northop Hall on the Bank of Scotland member panel.
I am purchasing a new build house in Northop Hall benefiting from help to buy. The developers refused to reduce the amount so I negotiated £7000 of additionals instead. The property agent advised me not to tell my solicitor about the deal as it would impact my loan with the lender. Should I keep quiet?.
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 - agreed a price, yet the estate agent told us that the vendor will only proceed if we use their chosen solicitors as they need a ‘quick sale’. My instinct tells me that we should use a high street solicitor with experience of conveyancing in Northop Hall
It is highly unlikely the vendors are behind this. If they desire ‘a quick sale', alienating a genuine purchaser is not the way to achieve this. Try to communicate with the owners directly and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are unencumbered (d) you wish to move quickly (e)however you will continue to appoint your preferred Northop Hall conveyancing lawyers - rather thanthe ones that will give the estate agent a kickback or hit his conveyancing thresholds set by senior management.
Back In 2003, I bought a leasehold flat in Northop Hall. Conveyancing and Barclays mortgage are in place. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1996. The conveyancing practitioner in Northop Hall who previously acted has now retired. Do I pay?
The first thing you should do is contact HMLR to be sure that this person is indeed the new freeholder. It is not necessary to instruct a Northop Hall conveyancing practitioner to do this as it can be done on-line for less than a fiver. You should note 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.
I own a split level flat in Northop Hall, conveyancing was carried out 3 years ago. How much will my lease extension cost? Corresponding properties in Northop Hall with a long lease are worth £260,000. The average or mid-range amount of ground rent is £45 yearly. The lease finishes on 21st October 2092
With 74 years left to run the likely cost is going to range between £8,600 and £9,800 as well as legals.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.