I am selling our home in Woodcote and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A local lawyer would know that there is no such problem. It does beg the question why the buyers instructed a national conveyancing practice as opposed to a conveyancing solicitor in Woodcote. We have lived in Woodcote for six years we know that this is a non issue. Is it a good idea to contact our local Authority to obtain confirmation need.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You must check with 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 illness)
I am buying my first flat in Woodcote with a mortgage from Clydesdale. The builders would not move on the amount so I negotiated 6k of fixtures and fittings instead. The house builders rep suggested that I not to tell my conveyancer about the side-deal as it will jeopardize my mortgage with the bank. 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.
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At this site receive an accurate costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in Woodcote. Unlike many estate agents and many comparison sites we are not in the business of charging firms a fee if you select them for your home move in Woodcote
Due to sign contracts shortly on a garden flat in Woodcote. Conveyancing solicitors inform me that they are sending me a report within the next couple of days. What should I be looking out for?
The report on title for your leasehold conveyancing in Woodcote should include some of the following:
Responsibility to repair and maintain the block. It is important for you to know who is duty bound to repair and maintenance of all parts of the block and communal areas Repair and maintenance of the flat The landlord’s rights to access the flat. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Information concerning the obligations in the lease to pay service charges - with regard to both the building, and the more general rights a tenant has Do you need to have carpet in the flat or are you allowed wood flooring?
I own a 2 bed flat in Woodcote, conveyancing was carried out half a dozen years ago. How much will my lease extension cost? Equivalent flats in Woodcote with an extended lease are worth £201,000. The ground rent is £45 levied per year. The lease comes to an end on 21st October 2083
With only 64 years remaining on your lease we estimate the premium for your lease extension to range between £14,300 and £16,400 as well as costs.
The figure above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. 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 take any other action based on this information before getting professional advice.
I am looking for Woodcote competitive conveyancing fees. Can I be assured that all the Woodcote firms that are listed on your website are on the lender conveyancing panel?
The law firms on our directory have advised us that they are on the lender panel and agreed to advise us to take down their listing in the event of removal off of the bank panel. To date we have not been informed by either a bank or a member of the public that the data about a specific Woodcote conveyancing solicitor being on the mortgage company conveyancing panel is not accurate.