IfI was to buy a freehold homein Hook Norton for cash and dispense with a survey and no conveyancing searches how much could I expect to have to pay for conveyancing in Hook Norton?
The only reduction in fees you would achieve is the Hook Norton conveyancing searches. A conveyancing practitioner is required to do the vast majority of work - money laundering, liaising with your sellers solicitor, SDLT submission, register the title etc. You might save a bit for them not having to register a charge however it will not be meaningful.
Can your site be used to recommend a Conveyancing solicitor in Hook Norton even where I’m not buying or selling a house, for example if I wish to acquire a shop in Hook Norton with a loan from Skipton Building Society?
Our comparison service is predominantly utilised to find residential conveyancing solicitors in Hook Norton but we have recorded towards the end of this page a selection of Hook Norton commercial conveyancing firms. You should enquire with the company directly to see if they can also act for Skipton Building Society
I'm buying my first flat in Hook Norton with a loan from Alliance & Leicester . The sellers refused to reduce the price so I negotiated five thousand pounds worth of extras instead. The house builders rep told me not disclose to my lawyer about the extras as it will affect my loan with Alliance & Leicester . 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.
My partner has suggested that I instruct his conveyancing solicitors in Hook Norton. Should I find my own solicitor?
Much as we are happy to recommend a Hook Norton conveyancing lawyer it’s preferable to select a conveyancing solicitor is to seek guidance from friends or relatives who have used the conveyancer that you are are thinking of instructing.
I am on look out for some leasehold conveyancing in Hook Norton. Before I set the wheels in motion I require certainty as to the remaining lease term.
If the lease is registered - and 99.9% are in Hook Norton - 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 acquired a 2 bed flat in Hook Norton, conveyancing having been completed half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Hook Norton with over 90 years remaining are worth £227,000. The ground rent is £50 levied per year. The lease expires on 21st October 2096
With only 71 years left to run we estimate the premium for your lease extension to span between £9,500 and £11,000 plus professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There are no doubt other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.
Myself and my wife have recently had an offer agreed on a property and had meeting on Wednesday with Nationwide for the mortgage. They advised me that when it comes to selecting a conveyancer that unless they are on their approved panel of property lawyers then we will be subject to an an extra fee of £200. This is is due to the fact that they would then have to select a conveyancer to act on their behalf in addition to the one we select for ourselves and we will be on the hook for their fees. I have requested Nationwide to furnish me with a list so I can seek quotes only from their approved conveyancers but was told that I need to check with each individual conveyancer to see if they are on the panel. Is there a list online?
You should ask Nationwide what their panel criteria is for a conveyancer.Thereafter ask the conveyancer of your choice whether they fit that criteria and have they acted on mortgages for Nationwide before. If the answer to those is yes, then just double check with Nationwide. Another option is to use our search facility and we may be able to identify a conveyancing practitioner in Hook Norton on the approved list for Nationwide.