My IFA says he needs my Saltdean solicitor’s panel reference for the Santander conveyancing panel. Can you suggest how I find this out. I have called my local Saltdean office but they cant find it on their system.
You are best placed to get this information from your Saltdean conveyancing practitioner . Most Saltdean conveyancing practices will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
I am close to exchanging contracts on the sale of our property in Saltdean and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any high street Saltdean conveyancer would know this is not the case. For the life of me I don't know why the buyers instructed a web based conveyancing firm rather than a conveyancing solicitor in Saltdean. We have lived in Saltdean for three years we know that this is a non issue. Do we contact our local Authority to seek confirmation that there is no issue.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I'm purchasing a new build house in Saltdean with a loan from Clydesdale. The sellers would not budge the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent suggested that I not to tell my conveyancer about the extras as it may jeopardize my mortgage with Clydesdale. Do I keep my lawyer in the dark?.
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.
In sourcing the internet for the words cheap conveyancing in Saltdean it shows results of numerous conveyancersin the vicinity. With so much choice what is the best way to find the right property lawyer for purchase transaction?
The best way of finding a suitable conveyancer is via trusted referral, so enquire of colleagues and relatives who have purchased a property in Saltdean or a respected estate agent or financial adviser. Fees for conveyancing in Saltdean differ, so it's a good idea to request a minimum of three quotes from varying types of conveyancers. Be sure to secure confirmation what costs in the quote includes.
What are the frequently found defects that you witness in leases for Saltdean properties?
There is nothing unique about leasehold conveyancing in Saltdean. Most leases are drafted differently and legal mistakes in the legal wording can result in certain sections are not included. The following missing provisions could result in a defective lease:
Clauses dealing with recovering service charges for expenditure on the building or common parts. Insurance obligations
You could have a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Accord Mortgages Ltd, Coventry Building Society, and Nottingham Building Society all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to provide security, forcing the buyer to withdraw.
I acquired a ground floor flat in Saltdean, conveyancing was carried out half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Saltdean with a long lease are worth £195,000. The ground rent is £45 invoiced every year. The lease expires on 21st October 2084
You have 63 years left to run we estimate the premium for your lease extension to be between £16,200 and £18,600 as well as costs.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed investigations. Do not use this information in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.