Me and my partner are about to complete buying a house in Little Burstead but as a result of wreckage from some water damage at the property I have was able negotiate compensation from the owner of £3k by way of a reduction in the price. I had intended this to be dealt with as part of amending the contract but RBS will not permit this. Should they have been involved?
Your property lawyer being on a RBS approved list is required to advise RBS of any amendments to the sale price. If you prohibit your solicitor to report the price change to RBS then they would have to discontinue acting for you. In addition, RBS and you would have to appoint a new solicitor for your conveyancing in Little Burstead.
We are selling our apartment in Little Burstead. Does my solicitor have to be required to be on the Bank of Ireland conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Bank of Ireland conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently currently.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and found one close by in Little Burstead I like with open areas and station nearby, however it only has 49 years on the lease. There is not much else in Little Burstead for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a mortgage the shortness of the lease will likely be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of twenty four months you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
I am downsizing from my property. My former lawyers has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Little Burstead if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Little Burstead. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I need to find a conveyancing solicitor for freehold conveyancing in Little Burstead. I happened to discover a site which looks to be the perfect answer If it is possible to get all formalities completed via email that would be preferable. Should I be concerned? 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?
My fiance is purchasing a leasehold flat in Little Burstead. He has received an estimate by the lawyer recommended by the selling agents totaling £1250 . It was fifteen years ago since I sold and purchased a property and the fee was £440. Have charges really gone up that much?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for instance Little Burstead searches, land registry fees, etc)