My grandson is buying a newly built flat in Attleborough with a home loan from TSB. His solicitor has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the TSB conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the TSB conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I have justfound out that Wolstenholmes have been shut down. They carried out my conveyancing in Attleborough for a purchase of a leasehold flat 18 months ago. How can I establish that my home is registered correctly in the name of the previous owner?
The easiest method to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Attleborough conveyancing specialists.
I decided to have a survey carried out on a property in Attleborough before retaining solicitors. I have been informed that there is a flying freehold element to the property. My surveyor advised that some mortgage companies may refuse to grant a mortgage on a flying freehold home.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Attleborough. Conveyancing may be slightly more expensive based on your lender's requirements.
What makes your site different to alternative internet conveyancing brokers for conveyancing in Attleborough?
At this site receive a fixed fee costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Attleborough. 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 conveyancing in Attleborough
Our conveyancer has advised that he intends to complete and exchange simultaneously on the disposal of our £325,000 flat in Attleborough in nine days. The freeholder has quoted £348 for Certificate of Compliance, insurance certificate and 3 years statements of service charge. Is the landlord entitled to charge exorbitant fees for a leasehold conveyance in Attleborough?
Attleborough conveyancing on leasehold flats nine out of ten times results in administration charges raised by managing agents :
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Answering pre-exchange enquiries
Where consent is required before sale in Attleborough
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I inherited a ground floor flat in Attleborough, conveyancing formalities finalised in 2001. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Attleborough with a long lease are worth £185,000. The average or mid-range amount of ground rent is £65 yearly. The lease comes to an end on 21st October 2085
With 60 years remaining on your lease we estimate the premium for your lease extension to be between £20,000 and £23,000 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. Do 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. Neither should you move forward placing reliance on this information before getting professional advice.
I have read on a number of consumer advice websites that when selecting a conveyancing lawyer they need approved by your lender. This is my first home move but I have an AIP with HSBC and I already have a family conveyancing solicitor in Attleborough in place. Does Virgin Money insist on an approved lawyer to be selected? Does a list of approved firms even exist so I can pick a conveyancing solicitor in Attleborough?
You need to use a solicitor that is on the Virgin Money panel. Just ring your chosen Attleborough conveyancing solicitor to check if they are on the Virgin Money panel. If they are not on the panel you have numerous choices available to you here:
- Carry on with your existing Attleborough solicitor but Virgin Money will no doubt appoint a lawyer from their approved panel. The net impact is additional charges and potential frustration.
- Appoint a new conveyancer to conduct the conveyancing, ensuring that they are on the Virgin Money conveyancing panel.
- Convince your property lawyer to do everything within their powers to get listed on the Virgin Money panel of solicitors.