My partner’s dad is a conveyancing practitioner. I expect 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 Eaton Bray?
Do contrast pricing. Do use our search tool on this site. Whilst prices will vary but service levels do differ between conveyancers as is true with most professions.
Do the conveyancing practitioners listed on your site perform right to buy conveyancing in Eaton Bray?
We work with numerous conveyancing solicitors who can service right to buy transactions Do e-mail the solicitors listed in order to get a conveyancing quote.
When it comes to lenders such as Coventry BS, do Eaton Bray solicitors incur a yearly amount to be on the conveyancing panel?
We are not aware of any bank fees to register on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
I have a mortgage with TSB for my property in Eaton Bray. Conveyancing was finalised some time ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform TSB?
Your original mortgage agreement with TSB will provide that you need their approval before renting your property as this is likely to be a breach of TSB’s mortgage conditions. It may be that TSB will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact TSB directly. You need not do this via a TSB conveyancing panel firm.
I am selling my flat. I had a double glazing fitted in April 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, TSB are being difficult. The Eaton Bray solicitor who is on the TSB conveyancing panel is happy to accept ‘lack of building regulation’ insurance but TSB are insisting on a building regulation certificate. Why do TSB have a conveyancing panel if they don't accept advice from them?
It is probably the case that TSB have referred the matter to their valuer. The reason why TSB may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I am buying my first flat in Eaton Bray with a mortgage from Birmingham Midshires. The developers would not reduce the amount so I negotiated £7000 of extras instead. The house builders rep advised me not to tell my solicitor about the side-deal as it will adversely affect my loan with the 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.
I am looking into buying my first house which is in Eaton Bray and I am already nervous. I couldn't find anything specific about Eaton Bray. Conveyancing will be needed in due course but do you know about the Eaton Bray area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Eaton Bray. In the meantime here are some basic statistics that we found
I work for a reputable estate agency in Eaton Bray where we see a few flat sales derailed due to short leases. I have been given conflicting advice from local Eaton Bray conveyancing firms. Please can you clarify whether the seller of a flat can commence the lease extension formalities for the buyer?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I am the registered owner of a 2 bed flat in Eaton Bray, conveyancing having been completed June 2009. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Eaton Bray with over 90 years remaining are worth £201,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease ceases on 21st October 2090
With only 64 years unexpired the likely cost is going to be between £14,300 and £16,400 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action based on this information before seeking the advice of a professional.