We are buying a flat and require a conveyancing solicitor in Great Baddow who is on the Co-operative approved panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Co-operative . We don't recommend any particular firms conducting conveyancing in Great Baddow.
My bid for a property was accepted at auction in Great Baddow. Conveyancing is needed. What are my next steps?
Given that you have now for in every practical sense signed on the dotted line you should appoint a conveyancing lawyer quickly as you are facing a tight a drop dead date to complete the deal. Every auction property will ordinarily have a corresponding auction set of papers. This will likely include evidence of title and search results. In the case of leasehold property the legal pack should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to leasehold premises. You need to pass this on to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that that you have the requisite funding in place to complete on the on the contractual date .
A colleague advised me that in buying a property in Great Baddow there could be various restrictions prohibiting external alterations to the property. Is this right?
There are a number of properties in Great Baddow which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Great Baddow should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Are all Great Baddow Conveyancing Quality Solicitors on the Leeds Building Society conveyancing panel?
It is true that some banks and building societies now utilise the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their panels.
Will commercial conveyancing searches reveal proposed roadworks that may affect a commercial property in Great Baddow?
Its becoming the norm that commercial conveyancing solicitors in Great Baddow will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Great Baddow. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Great Baddow.
For every commercial conveyancing transaction in Great Baddow it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could result in delays to Great Baddow commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not conducted for residential conveyancing in Great Baddow.
I am purchasing a new build house in Great Baddow with the aid of help to buy. The builders would not budge the price so I negotiated 6k of extras instead. The sale representative advised me not to tell my solicitor about this side-deal as it could affect my mortgage with the lender. Should I keep quiet?.
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.
Having had my offer accepted I require leasehold conveyancing in Great Baddow. Before diving in I would like to find out the number of years remaining on the lease.
Assuming the lease is registered - and 99.9% are in Great Baddow - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the registered owner of a 2 bed flat in Great Baddow, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable properties in Great Baddow with over 90 years remaining are worth £227,000. The average or mid-range amount of ground rent is £50 levied per year. The lease ceases on 21st October 2097
You have 72 years left to run we estimate the premium for your lease extension to range between £9,500 and £11,000 plus costs.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.
We are in the middle of purchasing a residence in Great Baddow. Conveyancing solicitor has called to say the property is "Leasehold". Does this impact our Natwest valuation?
Great Baddow conveyancing does not normally involve leasehold houses. The main consideration here is the length of lease and the ground rent. If it's 999 years with a peppercorn rent, it's virtually freehold, so it’s unlikely to affect the saleability too much.
At the other extreme, if it's, say, fifty five years it is bound to have a material impact on the saleability, and most likely wouldn't be acceptable to the mortgage company. The remaining lease term and ground rent will be specified in the lease provided to your solicitor.