I am remortgaging my apartment in Carlisle, does my lawyer have to be on the Barclays Conveyancing panel?
In theory, you could use a solicitor that is not on the Barclays conveyancing panel, but Barclays would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
3 months have elapsed following my purchase conveyancing in Carlisle took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm buying my first flat in Carlisle with the aid of help to buy. The sellers would not budge the price so I negotiated £7000 of extras instead. The sale representative suggested that I not reveal to my conveyancer about the deal as it could affect my mortgage with the bank. Should I keep quiet?.
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.
How do I identify a Carlisle solicitor on the HSBC Bank conveyancing panel? I have wheels and am prepared to travel upto 10kilometers to meet the conveyancer.
You can use the tool on this website. Please choose the lender and your location and you will see a number of Carlisle conveyancing lawyers located nearest you. We have detailed some Carlisle conveyancing firms at the bottom of this page and you can call them to check if they are on the HSBC Bank member panel
My uncle has urged me to instruct his conveyancing solicitors in Carlisle. Should I use them?
Much as we are happy to recommend a Carlisle conveyancing lawyer the best way to select a conveyancing lawyer is to seek feedback from friends or relatives who have actually used the solicitor you're contemplating using.
Expecting to sign contracts shortly on a basement flat in Carlisle. Conveyancing solicitors have said that they are sending me a report next week. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Carlisle should include some of the following:
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You should receive a copy of the lease Rent payments - what is due and when is collected, and be on notice if this is subject to change Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? You should have a good understanding of the building insurance provisions Details of the parties to the lease, e.g. these could be the (you), superior lessor, freeholder
I invested in buying a leasehold flat in Carlisle, conveyancing having been completed half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Carlisle with over 90 years remaining are worth £186,000. The ground rent is £55 per annum. The lease ends on 21st October 2078
With only 53 years left to run we estimate the premium for your lease extension to range between £27,600 and £31,800 plus costs.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.