We are buying a new build duplex in Brentwood and my conveyancer is informing me that she has to the lender to reveal incentives from the developer. I am on a tight deadline to exchange contracts and I have no desire to prolong matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Can your site be used to locate a Conveyancing solicitor in Brentwood even if I’m not buying or selling a house, for instance where I wish to buy a shop in Brentwood with a loan from Bank of Scotland?
Our search tool is primarily used to select residential conveyancing solicitors in Brentwood but we have listed at the end of this page some Brentwood commercial conveyancing firms. You will need to speak with the solicitors directly to check if they can also act for Bank of Scotland
I have been on the look out for a flat up to £235,500 and found one near me in Brentwood I like with amenity areas and railway links nearby, however it's only got 51 years on the lease. There is not much else in Brentwood in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a mortgage the shortness of the lease will likely be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.
How do I identify a Brentwood solicitor on the HSBC Bank conveyancing panel? I drive a motor bike and am prepared to travel upto 25kilometers to meet the conveyancer.
Feel free to make use of the tool on this website. Please choose the lender and your location and you will see a number of Brentwood conveyancing lawyers locally. We have listed some Brentwood conveyancing firms at the bottom of this page and you can telephone them to verify if they are on the HSBC Bank member panel
I am 18 days into a freehold purchase having been recommend to a firm by the selling agent to execute conveyancing in Brentwood. I am am extremely disappointed with the quality of service. Could you help me find new conveyancers?
A conveyancer would have to be very poor in order to consider diss instructing them. Has the mortgage been issued? If so you will need to advise them of the new contact details and ensure the loan are re-sent. Your new conveyancer needs to be on the lenders approved list to avoid added fees and complications. So that should be your starting point. Our search tool will help you find a lender approved solicitor for your conveyancing in Brentwood
Estate agents have just been given the go-ahead to market my ground floor apartment in Brentwood. Conveyancing has not commenced, but I have just had a yearly service charge demand – Do I pay up?
The sensible thing to do is discharge the maintenance contribution as you normally would because all ground rent and service charges should be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice 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.
I have attempted and failed to negotiate with my landlord for a lease extension without success. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Brentwood conveyancing firm to help?
Where there is a missing freeholder or if there is dispute about what the lease extension should cost, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to judgment on the sum to be paid.
An example of a Lease Extension decision for a Brentwood flat is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case related to 1 flat. The remaining number of years on the lease was 57.5 years.