My wife and I are soon to complete on the purchase of a property in Cottenham but as a result of wreckage from a small fire at the property I have managed to agree reparation from the vendor of three thousand pounds in the form of a reduction in the price. I had intended this to be addressed as part of amending the contract yet UBS will not permit this. Should they have been notified?
The conveyancing practitioner that is on the UBS conveyancing panel is required to advise UBS of any changes to the purchase price. If you prohibit your property lawyer to notify the reduction to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new solicitor for your conveyancing in Cottenham.
My relative advised me that where I am purchasing in Cottenham I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually quoted for as part of the standard Cottenham conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Cottenham around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Cottenham Education with maps and statistics, Local Amenities and other useful data concerning Cottenham.
I have recentlydiscovered that Wolstenholmes have closed. They conducted my conveyancing in Cottenham for a purchase of a freehold house 18 months ago. How can I check that my home is not still registered in the name of the former proprietor?
The quickest method to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Cottenham conveyancing specialists.
How simple is it to swap solicitor as I have to instruct one who is on the Bank of Scotland conveyancing panel. I hired a local conveyancing solicitor in Cottenham round the corner but he is not accepted by Bank of Scotland
It would be our pleasure to help you select a conveyancing solicitor in Cottenham on the Bank of Scotland panel. Please note that the solicitors that we list do not pay us a referral fee if you instruct them and are regulated by the SRA who regulate all conveyancing solicitors in Cottenham. In utilising the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Cottenham.
If all goes to plan we aim to complete our sale of a £275,000 apartment in Cottenham in nine days. The freeholder has quoted £300 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is it legal for a freeholder to charge an administration fee for a leasehold conveyance in Cottenham?
For most leasehold sales in Cottenham conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Answering pre-exchange enquiries
Where consent is required before sale in Cottenham
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I purchased a leasehold flat in Cottenham, conveyancing having been completed 10 years ago. Can you work out an approximate cost of a lease extension? Equivalent flats in Cottenham with an extended lease are worth £186,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease expires on 21st October 2077
You have 52 years unexpired we estimate the premium for your lease extension to be between £29,500 and £34,000 as well as 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 investigations. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.
Is it true that a Cottenham conveyancing practice got sued by a client for failing to conduct comprehensive conveyancing investigations?
We are not aware of such a Cottenham conveyancing claim but according to a recent report, a couple purchasing a home in Cumbria successfully won a claim against their conveyancer as a consequence of development permission to construct a wind farm failing to be identified in conveyancing searches.
If you are purchasing in Cottenham It is important that your conveyancing practitioner carry out all Cottenham conveyancing searches necessary to ensure you have relevant and current information before acquiring a property.