Are the Bucklesham conveyancing solicitors identified as being on the UBS conveyancing panel, together with their details provided by UBS?
Bucklesham conveyancing firms themselves provide us confirmation that they are on the UBS conveyancing panel as opposed to being supplied with a list from UBS directly.
The deeds to my property are lost. The lawyers who dealt with the conveyancing in Bucklesham 4 years ago are no longer around. What are my options?
Assuming you have a registered title the details of your proprietorship will be retained by the Land Registry under a Title Number. It is easy to conduct a search at the Land Registry, find your house and secure current copies of the Registered Entries for less than a fiver. Where the property is Leasehold then the Land Registry will in most cases retain a file duplicate of the Registered Lease and again, a copy can be retrieved for a small fee.
I'm buying a new build house in Bucklesham benefiting from help to buy. The developers refused to move on the price so I negotiated £7000 of fixtures and fittings instead. The property agent told me not inform my lawyer about the extras as it could impact my loan with Leeds Building Society. Do I keep my lawyer in the dark?.
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.
I opted to have a survey carried out on a house in Bucklesham before retaining lawyers. I have been advised that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies tend not issue a mortgage on a flying freehold home.
It varies from the lender to lender. HSBC has different requirements from Halifax. If you call us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Bucklesham. Conveyancing will be smoother if you use a solicitor in Bucklesham especially if they are acquainted with such properties in Bucklesham.
My step-father has encouraged me to use his conveyancers in Bucklesham. Should I choose my own solicitor?
Much as we are happy to recommend a Bucklesham conveyancing lawyer the ideal way to select a conveyancing lawyer is to have recommendations from friends or relatives who have actually used the firm that you are contemplating using.
In relation to leasehold conveyancing in Bucklesham what are the most frequent lease problems?
Leasehold conveyancing in Bucklesham is not unique. All leases are drafted differently and drafting errors can result in certain provisions are missing. For example, if your lease is missing any of the following, it could be defective:
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Clauses dealing with recovering service charges for expenditure on the building or common parts. Maintenance charge proportions which don’t add up to the correct percentage
You may encounter a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Barclays , Leeds Building Society, and Aldermore all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to provide security, forcing the purchaser to pull out.
I own a 1 bedroom flat in Bucklesham, conveyancing was carried out 3 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Bucklesham with a long lease are worth £192,000. The ground rent is £55 charged once a year. The lease ceases on 21st October 2079
With just 54 years unexpired we estimate the premium for your lease extension to be between £32,300 and £37,400 plus professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.