My god-son is in the process of securing a newly built flat in Bookham with a mortgage from Kent Reliance. His lawyer has advised him of a delay in completing the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The form is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Kent Reliance conveyancing panel as a standard part of the process, and to the valuer when asked. 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 Kent Reliance conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Can I use your services to locate a Conveyancing solicitor in Bookham even if I’m not buying or selling a house, for example if I wish to buy a shop in Bookham with a mortgage from Alliance & Leicester ?
The service is primarily there to find residential conveyancing solicitors in Bookham but we have set out at the bottom of this page a few Bookham commercial conveyancing firms. You will need to enquire with the solicitors directly to check if they are also authorised to represent Alliance & Leicester
What is the difference between a licensed conveyancer and conveyancing solicitor in Bookham
There are two types of lawyers who can execute conveyancing in Bookham namely licenced conveyancers or solicitors. Both professionals administer conveyancing services that required to complete the disposal or purchase of property. They are both required to conduct Bookham conveyancing to the same standards and guidelines so you may be safe in the knowledge that your conveyancing will be properly carried out and that the requisite procedures will be accurately adhered to.
We are due to move property in June. Will my conveyancing solicitor update the removal company on the day of completion. On a separate note, can you suggest a removal company in Bookham. Conveyancing lawyer was found before I stumbled across this page.
On the afternoon of completion you will need to pick up the house keys from your selling agent but this can only be done after the vendors solicitors confirm to the agent that the monies to complete are in and the keys can be passed over. After that you can advise the removal company that they can start moving you in. As a matter of policy we do not recommend a particular removal organisation but can help you find a conveyancing in Bookham or a firm that specialises in conveyancing in Bookham.
I am currently in the process of buying my council flat in Bookham. I have a mortgage offer with Nottingham. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Nottingham, you will need to appoint a solicitor on the Nottingham conveyancing panel.
Me and my brother own a terraced Edwardian house in Bookham. Conveyancing solicitor acted for me and Nottingham Building Society. I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold under the matching property. Is it worth asking Nottingham Building Society to clarify?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bookham and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with the conveyancing solicitor who conducted the conveyancing.
How does conveyancing in Bookham differ for new build properties?
Most buyers of new build or newly converted property in Bookham approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is completed. This is because new home sellers in Bookham typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Bookham or who has acted in the same development.
I want to let out my leasehold flat in Bookham. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?
A lease governs relations between the landlord and you the leaseholder; specifically, it will indicate if subletting is prohibited, or permitted but only subject to certain conditions. The rule is that if the lease contains no specific ban or restriction, subletting is permitted. The majority of leases in Bookham do not prevent strict prohibition on subletting – such a provision would adversely affect the market value the flat. Instead, there is usually a basic requirement that the owner notifies the freeholder, possibly supplying a duplicate of the sublease.
I bought a 1 bedroom flat in Bookham, conveyancing having been completed half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Bookham with an extended lease are worth £171,000. The ground rent is £50 per annum. The lease runs out on 21st October 2105
With only 79 years unexpired we estimate the premium for your lease extension to range between £8,600 and £9,800 plus professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.