We note that you have a search directory listing firms on the Bank of Ireland conveyancing panel. Do companies pay you a commission if I instruct them for our conveyancing in Audenshaw?
We are a listing service only for law firms wishing to communicate if they are on the Bank of Ireland conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Audenshaw.
I am considering refinancing my flat in Audenshaw, does my lawyer need to be on the Nottingham Solicitor panel?
There is nothing to stop you using your solicitor, but Nottingham will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
I'm purchasing my first flat in Audenshaw with the aid of help to buy. The developers would not budge the amount so I negotiated 6k of extras instead. The house builders rep suggested that I not disclose to my solicitor about the side-deal as it would adversely affect my mortgage with the lender. Do I keep my lawyer in the dark?.
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.
My husband and I are FTB’s - had an offer accepted, but the property agent has warned us that the seller will only issue a contract if we appoint their chosen solicitors as they need an ‘expedited deal’. My instinct tells me that we should use a high street conveyancer with experience of conveyancing in Audenshaw
It is unlikely the sellers are driving this. If they require ‘a quick sale', turning down a motivated purchaser is is going to put the whole deal at risk. Avoid the agents and go straight to the sellers and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you will continue to appoint your preferred Audenshaw conveyancing lawyers - as opposed tothe ones that will give their negotiator at the agency a referral fee or meet his conveyancing figures pre-set by HQ.
Having had my offer accepted I require leasehold conveyancing in Audenshaw. Before I get started I require certainty as to the number of years remaining on the lease.
Assuming the lease is registered - and 99.9% are in Audenshaw - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I own a basement flat in Audenshaw, conveyancing formalities finalised in 2007. How much will my lease extension cost? Equivalent properties in Audenshaw with an extended lease are worth £186,000. The ground rent is £55 per annum. The lease expires on 21st October 2078
With only 53 years remaining on your lease the likely cost is going to range between £27,600 and £31,800 as well as professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.
We are in the middle of buying a property in Audenshaw. Conveyancing lawyer has told us the property is "Leasehold". Will this likely impact our Santander valuation?
Audenshaw conveyancing does not ordinarily involve leasehold houses. The crucial consideration here is the length of lease and the ground rent. If it's 999 years with a peppercorn rent, it's almost the same as freehold, so it shouldn't impact the value too much.
At the other extreme, if it's, say, fifty five years it will have a material impact on the value, and most likely wouldn't be mortgageable. The length of lease and ground rent will be set out in the lease which should be made available to your solicitor.