My partner’s dad is a conveyancer. I hope that I'll be able to get preferential rates for conveyancing, but if not, what kind of costs would I typically be looking at for conveyancing in De Beauvoir Town?
It’s advisable to request two or three conveyancing estimates. Make use of our comparison tool on this site. You will notice that charges do be different but the service one can expect differ between conveyancers as is the case with the vast majority of professional services.
About to place a bid on a leasehold apartment in De Beauvoir Town. The selling agents tell me that it is the norm for flats in De Beauvoir Town to have less than 75 years unexpired on the lease. I am obtaining a loan with Virgin. Is this going to be acceptable if the lease has 69 years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 27/6/2025 the requirements read as follows :
What can a local search tell me about the property we're buying in De Beauvoir Town?
De Beauvoir Town conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search organisations such as Xpress Legal The local search is essential in every De Beauvoir Town conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your new home. The search will supply information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject headings.
I'm purchasing a new build house in De Beauvoir Town benefiting from help to buy. The builders would not reduce the amount so I negotiated 6k of additionals instead. The estate agent told me not inform my conveyancer about the extras as it will impact my loan with Lloyds TSB Bank. Do I keep my lawyer in the dark?.
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.
We're novice buyers - agreed a price, yet the estate agent told us that the owners will only go ahead if we instruct the agent's recommended conveyancers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a family conveyancer used to conveyancing in De Beauvoir Town
We suspect that the seller is not behind this demand. If they want ‘a quick sale', alienating a motivated buyer is is going to put the whole deal at risk. Speak to the vendors direct and make the point that (a)you are serious purchasers (b)you are excited to move forward, with finances in place © you are chain free (d) you wish to move quickly (e)but you are going to instruct your preferred De Beauvoir Town conveyancing lawyers - as opposed tothose that will earn their negotiator at the agency a introducer fee or achieve conveyancing figures demanded by corporate headquarters.
We own a leasehold flat in De Beauvoir Town. Conveyancing was completed in 2011. I have been told that I should not let the the remaining lease term to fall too low. Why is that a problem?
De Beauvoir Town residential long term leases are for a set term - normally ninety nine years when they started. However a significant flats in De Beauvoir Town were built or converted in the 70’s80’s and so such leases now have under eighty years unexpired. This may seem like plenty of time however Banks, Building Societies and other mortgage companies tend to require leases to have at least 75 years remaining to adequate security. Accordingly when you come to sell the property you will need a lease extension if you are getting close to seventy five years. To enhance your property value you should be considering whether to extend your lease long before you come to sell it. You should note that there are advantages to taking action before the lease reaches even 80 years as when the lease falls below 80 years the premium you have to pay to extend starts to escalate.