Just contacted my conveyancing lawyer in Audenshaw who completed the legal work 18 months ago and wanted a conveyancing estimate based on the same type of house move (a leasehold property and a freehold property) of almost identical values with a mortgage from Nottingham Building Society. I am now being charged double. Should I look for a cheaper online property lawyer?
The costs illustration is fractionally on the high side. If you you were to look around you may be able to get the conveyancing a bit cheaper by as much as a hundred pounds. On the other hand, assuming were satisfied with the conveyancing the firm gave you maycome to rue choosing an an unknown solicitor. Don't forget to ensure the solicitor can represent Nottingham Building Society. Do make use of our search tool to get a quote a Audenshaw conveyancing firm on the Nottingham Building Society member panel, which can often include conveyancing solicitors in Audenshaw.
Do the Building Society Association intend to launch a online directory to list solicitors on the Melton Mowbray Building Society conveyancing panel for example in Audenshaw?
We would not expect to be advised of any plans on the part of the BSA to promote such a tool.
My wife and I are downsizing from our property in Audenshaw and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. A high street Audenshaw conveyancer would know this is not the case. It does beg the question why the buyers instructed an internet conveyancing practice as opposed to a conveyancing solicitor in Audenshaw. We have lived in Audenshaw for three years we know of no issue. Is it a good idea to contact our local Authority to seek clarification need.
It sounds as though you may have a conveyancing firm currently acting for you. Are they able to advise? 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 purchasing a new build house in Audenshaw with the aid of help to buy. The developers refused to reduce the price so I negotiated five thousand pounds worth of extras instead. The property agent suggested that I not to tell my solicitor about this deal as it will put at risk my mortgage with the bank. Is this normal?.
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.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one round the corner in Audenshaw I like with a park and transport links in the vicinity, the downside is that it's only got 61 years on the lease. I can't really find anything else in Audenshaw in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a home loan the remaining unexpired lease term will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
I have just started marketing my garden apartment in Audenshaw.Conveyancing is yet to be initiated but I have just received a half-yearly service charge invoice – should I leave it to the buyer to sort out?
It best that you clear the service charge as normal as all ground rent and maintenance charges should be allottedon completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially