Is there a reason why leasehold purchase conveyancing in Hook Norton is more expensive?
The conveyancing costs for a leasehold property in Hook Norton is inevitably higher when contrasted to a freehold acquisition or disposal. This is because there is an amount of supplemental investigations required in liaising with the freeholder and managing agents to obtain evidence about whether the rent and service charges have been discharged and whether there are any major works due in the near future on repairs or maintenance of the building.
My wife and I are close to exchanging contracts on the sale of our house in Hook Norton and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. Any local lawyer would know that there is no such problem. For the life of me I don't know why the buyers are using an internet conveyancing practice as opposed to a conveyancing solicitor in Hook Norton. Having lived in Hook Norton for three years we know of no issue. Should we get in touch with our local Authority to obtain clarification that there is no issue.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I'm buying my first flat in Hook Norton with a mortgage from Barclays . The sellers would not reduce the price so I negotiated £7000 of additionals instead. The house builders rep suggested that I not to tell my lawyer about this deal as it will jeopardize 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.
I opted to have a survey done on a house in Hook Norton prior to retaining conveyancers. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some lenders tend not issue a loan on this type of home.
It depends who your proposed lender is. Lloyds has different instructions for example to Birmingham Midshires. If you call us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Hook Norton. Conveyancing will be smoother if you use a solicitor in Hook Norton especially if they regularly deal with such properties in Hook Norton.
I am looking into buying my first house which is in Hook Norton and I am already nervous. I couldn't find anything specific about Hook Norton. Conveyancing will be needed in due course but do you know about the Hook Norton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Hook Norton. In the meantime here are some basic statistics that we found
My father-in-law has suggested that I instruct his conveyancing solicitors in Hook Norton. Do I take his advice?
There are no two ways about it the best way to choose a conveyancing lawyer is to get recommendations from friends or family who have actually previously instructed the solicitor that you are considering.