Me and my partner are soon to complete on the purchase of a house in Cottesmore but as a consequence of wreckage from the recent storms I have managed to agree reparation from the vendor in the sum of £2k taking the form of a reduction in the price. I had intended this to be dealt with as part of amending the contract however RBS are not allowing this. Why were they informed?
Your conveyancer being on the RBS approved list is duty bound to disclose to RBS of any amendments to the sale price. If you prohibit your conveyancer to disclose the price change to RBS then they would have to discontinue acting for you. In addition, RBS and you would have to appoint a new conveyancer for your conveyancing in Cottesmore.
My brother-in-law has suggested I instruct a conveyancing solicitor in Cottesmore. I need to find out whether they are accepted on the Barnsley Building Society approved list of lawyers. Can you or the lender confirm if they are on the panel?
The first thing you should do is contact your lawyer and ask them if they can act for the lender. Otherwise you should call Barnsley Building Society who may be able to help.
How does conveyancing in Cottesmore differ for new build properties?
Most buyers of new build property in Cottesmore come to us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is finished. This is because developers in Cottesmore typically acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Cottesmore or who has acted in the same development.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and found one near me in Cottesmore I like with open areas and station in the vicinity, the downside is that it only has 51 years on the lease. There is not much else in Cottesmore for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a home loan that many years will likely be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.
What tools are available to locate a Cottesmore solicitor on the TSB conveyancing panel? I have a car and am prepared to travel upto 20miles to meet the conveyancer.
Feel free to make use of the facility on this website. Please select a mortgage company and your location and you will see a number of Cottesmore conveyancing lawyers based on proximity. We have listed some Cottesmore conveyancing firms at the bottom of this page and you can telephone them to check whether they are on the TSB member panel
My cousin has recommend that I instruct his conveyancing solicitors in Cottesmore. Should I use them?
There are no two ways about it the ideal way to find a conveyancing lawyer is to seek recommendations from friends or family who have actually used the firm you're contemplating using.