I am soon to exchange on the purchase of a house in Crossness but as a result of damage from the recent storms I have managed to agree recompense from the seller of £3k by way of a deduction in the price. I had intended this to be addressed as part of amending the contract but UBS are not allowing this. Should they have been involved?
Any conveyancer being on the UBS approved list is obliged to disclose to UBS of any variations to the sale price. If you were to refuse your conveyancer to report the reduction to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new conveyancing practitioner for your conveyancing in Crossness.
My brother-in-law has suggested I instruct a conveyancing solicitor in Crossness. I I am struggling to find out whether they are on the Barclays conveyancing panel. Can you or the lender confirm if they are on the panel?
The first thing you should do is e-mail your solicitor and enquire if they are on the lender panel. Alternatively you can call Barclays who may be able to confirm.
Have purchased a a terraced house in Crossness , how long should it take for the Land Registry to deal with the formalities evidencing my ownership? My Crossness conveyancing solicitor works at snail pace, so I want to be sure the registration is dealt with.
As far as conveyancing in Crossness is concerned, registration is no quicker or slower than the rest of England and Wales. Rather than based on location, timeframes can adjust according to who lodges the application, whether it is in order and if the Land registry need to notify any third parties. Currently approximately three quarters of submission are fully addressed in less than three weeks but occasionally there can be protracted delays. Registration is effected once the purchaser has moved in to the property therefore an expedited registration is not always top priority yet if it is urgent that the the registration takes place urgently then you or your lawyers can contact the land registry and explain the circumstances.
I am purchasing a new build house in Crossness with a loan from Aldermore. The builders would not reduce the amount so I negotiated 6k of additionals instead. The property agent suggested that I not disclose to my lawyer about the deal as it would adversely affect my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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 need to instruct a conveyancing solicitor for remortgage conveyancing in Crossness. I have chance upon a site which looks to be the perfect answer If it is possible to get all the legals done via email that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am tempted by the attractive purchase price for a couple of maisonettes in Crossness both have about forty five years left on the leases. Will this present a problem?
A lease is a legal document that entitles you to use the premises for a prescribed time frame. As a lease shortens the marketability of the lease reduces and it becomes more costly to acquire a lease extension. This is why it is generally wise to extend the lease term. It is often difficult to sell a property with a short lease because mortgage companies less inclined to grant a loan on properties of this type. Lease enfranchisement can be a difficult process. We advise that you seek professional help from a solicitor and surveyor with experience in this arena.
Following months of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Crossness. Can we issue an application to the Residential Property Tribunal Service?
Absolutely. We can put you in touch with a Crossness conveyancing firm who can help.
An example of a Lease Extension case for a Crossness residence is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case related to 13 flats. The unexpired residue of the current lease was 76 years.