Why is leasehold purchase conveyancing in Shenfield costs more?
Shenfield leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving appropriate notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
I am close to exchanging contracts on the sale of our home in Shenfield and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. Any local conveyancer would know this is not the case. It does beg the question why the purchasers are using an internet conveyancing practice rather than a conveyancing solicitor in Shenfield. Having lived in Shenfield for six years we know of no issue. Is it a good idea to contact our local Authority to seek confirmation that the buyers are looking for.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You must 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 buying my first flat in Shenfield with the aid of help to buy. The builders refused to reduce the price so I negotiated £7000 of extras instead. The sale representative suggested that I not inform my solicitor about the extras as it could affect my loan with the bank. Do I keep my lawyer in the dark?.
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 opted to have a survey carried out on a property in Shenfield in advance of instructing solicitors. I have been informed that there is a flying freehold element to the property. My surveyor has said that some banks will refuse to grant a mortgage on such a house.
It varies from the lender to lender. Santander has different instructions from Nationwide. If you contact us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Shenfield. Conveyancing may be slightly more expensive based on your lender's requirements.
I am using a search engine for the phrase on line conveyancing in Shenfield it reveals numerous property lawyersin the vicinity. With so much choice what is the best way to find the right property lawyer for me?
The best method of choosing the right conveyancer is via trusted testimonial, so enquire of colleagues and those you trust who have acquired a property in Shenfield or a local estate agent or financial adviser. Costs for conveyancing in Shenfield vary, so it's advisable to obtain a minimum of three costs illustrations from different companies. Dont forget to clarify that the fees are fixed.