AssumingI were to purchase a simple residential homein Seaton mortgage fee and have no survey and no local authority searches how much would I expect to have to pay for conveyancing in Seaton?
Any savings you would make would be isolated to the costs for searches. The conveyancing practitioner is required to do the vast majority of work - money laundering, liaising with the vendors conveyancer, SDLT return, register the title etc. A slight saving might be made by not having to register a charge however it won't be significant.
My lender has suggested solicitors on their panel based in Seaton but I would rather use a conveyancing lawyer in Seaton or nearer to where I live. Are you able to help?
The minority of Seaton conveyancing solicitors are listed all banks conveyancing panel. Please make the most of the above find an approved solicitor tool to choose a Seaton conveyancing conveyancer on the on the mortgage company panel.
I am buying a new build house in Seaton with a loan from Yorkshire Building Society. The builders refused to move on the amount so I negotiated £7000 of extras instead. The sale representative advised me not reveal to my solicitor about the extras as it may jeopardize my mortgage with Yorkshire Building Society. Is this normal?.
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.
Over the last few months I have been searching for a ground for flat up to £235,500 and found one close by in Seaton I like with amenity areas and railway links in the vicinity, the downside is that it's only got 49 years unexpired on the lease. I can't really find anything else in Seaton suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a home loan that many years will likely be problematic. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
In what way can the Landlord & Tenant Act 1954 affect my commercial premises in Seaton and how can you help?
The 1954 Act gives protection to business lessees, giving them the a statutory right to apply to court for a continuation of occupancy when the lease comes to an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and help with commercial conveyancing in Seaton