I need some quick conveyancing in Iver as I have a deadline to exchange contracts inside one month. A mortgage is not required. Is it possible to decline from having conveyancing searches to save money and time?
As you are not taking a home loan you have the choice not to have searches carried out although no law firm would recommend that you don't. With plenty of history conveyancing in Iver the following are examples of what can arise and adversely impact future mortgageability: Enforcement Notices, Outstanding Charges, Outstanding Grants, Unadopted Roads,...
The deeds to our house are lost. The lawyers who handled the conveyancing in Iver 10 years ago no longer exist. Will I be able to sell the house?
In today’s world there are copies made of almost everything, and your lawyer should be aware exactly where to look for all the appropriate documentation so you can buy or sell your house without any difficulty. If duplicates are not available, your conveyancer can put in place insurance or indemnities protecting you against future claims on your premises.
I am buying a new build house in Iver with a loan from Aldermore. The builders would not reduce the price so I negotiated 6k of extras instead. The property agent told me not to tell my solicitor about the extras as it will jeopardize my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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 carried out on a house in Iver before appointing lawyers. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some banks tend refuse to grant a mortgage on such a premises.
It depends who your proposed lender is. HSBC has different requirements from Birmingham Midshires. If you call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Iver. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Iver to see if the conveyancing costs will increase in light of this.
I need to retain a conveyancing solicitor for some conveyancing in Iver. I have discover a web site which looks to be the perfect offering If there is a chance to get all formalities done via phone that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Can you provide any advice for leasehold conveyancing in Iver with the purpose of expediting the sale process?
- A significant proportion of the delay in leasehold conveyancing in Iver can be avoided where you get in touch lawyers as soon as you market your property and request that they start to put together the leasehold documentation which will be required by the purchasers’ solicitors. A minority of Iver leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, it would be prudent to place the estate agents on notice to make sure that the purchasers obtain financial (bank) and professional references. The bank reference will need to confirm that the buyers are financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their solicitors. If you have the benefit of shareholding in the freehold, you should ensure that you hold the original share document. Organising a duplicate share certificate is often a time consuming formality and slows down many a Iver home move. If a new share certificate is required, you should approach the company officers or managing agents (if relevant) for this at the earliest opportunity. If you have carried out any alterations to the residence would they have required Landlord’s consent? In particular have you laid down wooden flooring? Most leases in Iver state that internal structural alterations or installing wooden flooring necessitate a licence issued by the Landlord consenting to such works. If you dont have the consents in place you should not communicate with the landlord without checking with your lawyer in the first instance. If you have had conflict with your landlord or managing agents it is essential that these are resolved before the property is marketed. The purchasers and their solicitors will be nervous about purchasing a property where there is a current dispute. You may have to bite the bullet and discharge any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the purchasers, but it is clearly preferable to reveal the dispute as over rather than unresolved.
I own a two-bedroom flat in Iver. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the sum due for a lease extension?
Absolutely. We can put you in touch with a Iver conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Iver residence is 164 Nestles Avenue in October 2013. The tribunal agreed with the proposed price of £20,158 for the freehold and determined that that sum is the amount to be paid into court This case related to 2 flats. The unexpired term was 69 years.