I am about to exchange buying a house in Kesgrave but as a consequence of wreckage from the recent storms I have was able negotiate compensation from the seller in the sum of £3k taking the form of a deduction in the price. I had intended this to be addressed as part of the conveyancing process yet Coventry BS will not permit this. Why were they involved?
The conveyancing practitioner that is on the Coventry BS conveyancing panel is required to advise Coventry BS of any variations to the sale price. If you were to refuse your conveyancer to notify the reduction to Coventry BS then they would have to discontinue acting for you. In addition, Coventry BS and you would have to appoint a new conveyancing practitioner for your conveyancing in Kesgrave.
A relative pointed out to me me that in purchasing a property in Kesgrave there could be a number of restrictions limiting what one can do in terms of external changes to the property. Is this right?
There are a number of properties in Kesgrave which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Kesgrave should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We are purchasing a 4 bedroom semi-detached house in Kesgrave. Our aim is to convert the garage to an office at the house.Will legal conveyancing on the property involve checks to determine if these alterations are prohibited?
Your conveyancer will review the deeds as conveyancing in Kesgrave will on occasion reveal restrictions in the title documents which prohibit certain alterations or necessitated the consent of a 3rd party. Some works require local authority planning consent and approval in accordance building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.
I had an offer accepted on a house in Kesgrave on 7/1/2025, valuation was booked five days later, all came back fine. Solicitor appointed, so all that was missing was my mortgage offer. Having made daily calls to Yorkshire BS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Yorkshire BS conveyancing panel. Are Yorkshire BS entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire BS to deal with your lawyer's application to be on the Yorkshire BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
I'm buying my first flat in Kesgrave with a loan from Nottingham Building Society. The developers would not budge the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep told me not inform my conveyancer about the side-deal as it will put at risk my mortgage with Nottingham Building Society. Should I keep quiet?.
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.
What makes your site different to alternative online quote calculators for conveyancing in Kesgrave?
At this site secure a fixed fee quote via a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Kesgrave. As opposed to estate agents and brokerage sites we do not operate kick-back deals with solicitors. A large number of agents and online brokers 'recommend' solicitors that pays the highest commission, as opposed to the best value conveyancing in Kesgrave
Having checked my lease I have discovered that there are only 68 years remaining on my lease in Kesgrave. I now wish to extend my lease but my freeholder is absent. What should I do?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. However, you will be required to demonstrate that you have done all that could be expected to track down the lessor. In some cases a specialist would be helpful to carry out a search and to produce a report to be used as proof that the landlord is indeed missing. It is wise to seek advice from a solicitor both on devolving into the landlord’s absence and the application to the County Court overseeing Kesgrave.
I am the registered owner of a studio flat in Kesgrave, conveyancing formalities finalised half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Similar flats in Kesgrave with an extended lease are worth £265,000. The ground rent is £50 yearly. The lease runs out on 21st October 2101
With 76 years left to run the likely cost is going to span between £8,600 and £9,800 plus legals.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.
I have been Googling for Kesgrave online conveyancing estimates. Can I be confident that all the Kesgrave firms that are listed on your directory are on the mortgage company conveyancing panel?
The solicitor and licensed conveyancing practices on our directory have assured us via an online form that they are on the bank panel and agreed to advise us to take down their listing in the event of removal off of the lender panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific Kesgrave firm being on the bank conveyancing panel is not accurate.