My husband and I are purchasing a newly built duplex in Chesterton and my lawyer is telling me that she has to the bank to reveal incentives from the seller. The Estate Agents are hassling me to exchange contracts and I have no desire to prolong deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your solicitor. 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.
I have been recommended a conveyancing solicitor in Chesterton. I I would like to check whether they are on the Chelsea Building Society conveyancing panel. Could you or the lender confirm if they are on the panel?
The first thing to do is e-mail your conveyancer and ask them whether they are on the lender panel. Alternatively you should get in touch with Chelsea Building Society who may be able to confirm.
My relative recommended that where I am purchasing in Chesterton I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally included in the estimate for your Chesterton conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Chesterton around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Chesterton Education with plans and statistics, Local Amenities and other useful information concerning Chesterton.
I am looking to sell my home. My former conveyancers has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Chesterton if that affects matters.
Please use our search tool to help you find a solicitor for your conveyancing in Chesterton. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I am using a search engine for the term on line conveyancing in Chesterton it reveals numerous property lawyerslocally. With so much choice what is the best way to find the right property lawyer for the sale of my house?
The best way of choosing the right conveyancer is via trusted recommendation, so ask colleagues and family who have bought a property in Chesterton or a local estate agent or mortgage broker. Charges for conveyancing in Chesterton differ, so it's sensible to obtain at least three quotes from different property lawyers. Dont forget to clarify what costs in the quote includes.
I’m about to sell my 2 bed flat in Chesterton. Conveyancing solicitors are to be appointed soon, but I have recently received a quarterly maintenance charge invoice – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should pay the maintenance contribution as you normally would given that all rents and maintenance invoices should be apportioned on completion, 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 managing agents 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. This will smooth the conveyancing process.
I own a 2 bed flat in Chesterton, conveyancing was carried out in 2002. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Chesterton with a long lease are worth £186,000. The average or mid-range amount of ground rent is £55 yearly. The lease expires on 21st October 2078
With only 53 years remaining on your lease we estimate the price of your lease extension to span between £27,600 and £31,800 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.