A friend pointed out to me me that in purchasing a property in Marlow there could be a number of restrictions affecting the ability to carry out external changes to a property. Is this right?
There are a number of properties in Marlow which have some sort of restriction or requirement of consent to perform external changes. Part of the conveyancing in Marlow should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
It is unclear whether my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Marlow building society branch on numerous occasions and was told they are content with the situation and they would lend. My Marlow conveyancing solicitor - who is on the bank conveyancing panel- called and was told they will not lend in accordance with their published requirements. Who do I believe?
The property lawyer must follow the CML Handbook Part 2 requirements for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I was told three weeks ago that my mortgage has been agreed to by Bank of Ireland. Is it usual for Bank of Ireland to only issue the offer once my solicitor in Marlow is approved on their conveyancing panel? Bank of Ireland have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Bank of Ireland to deal with your lawyer's application to be on the Bank of Ireland conveyancing panel. There's no guarantee that your solicitor will be accepted.
The deeds to our property are lost. The solicitors who dealt with the conveyancing in Marlow 5 years ago have long since closed. What are my options?
Assuming the title is registered the details of your proprietorship will be evidenced by HMLR with a Title Number. It is easy to execute a search at the Land Registry, identify your house and order current copies of the Registered Entries for a small fee. If the property is Leasehold then the Land Registry will in most cases retain a file copy of the Registered Lease and again, a copy can be obtained for a small fee.
About to purchase a new build apartment in Marlow. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Marlow
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are architect prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
My business partner and I are intending to lease a unit on a shopping parade. Can you recommend conveyancers offering no-sale-no costs for non-domestic conveyancing in Marlow for below 1500k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Marlow, including the sale and purchase of businesses as well as simply premises. Whether you are intending to acquire or dispose of a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right firm. As for the costs this will depend on the structure and terms of the proposed transaction. Let us have your details or phone so as to enable us to provide you with comprehensive commercial conveyancing calculation.
We're new to the buying process - had an offer accepted, but the selling agent informed us that the owners will only move forward if we instruct the agent's recommended lawyers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a local solicitor accustomed to conveyancing in Marlow
We suspect that the owner is not behind this demand. Should the seller require ‘a quick sale', alienating a serious purchaser is likely to cause more damage than good. Contact the vendors directly and make sure they understand (a)you are motivated purchasers (b)you are ready to go, with finances in place © you are chain free (d) you intend to proceed fast (e)however you intend to use your own,trusted Marlow conveyancing lawyers - not the ones that will give their negotiator at the agency a introducer fee or achieve conveyancing figures demanded by head office.
I previously told by my bank that their approved lawyers operate no completion no fee basis for conveyancing in Marlow. I had a purchase fall through and now the lawyers want search fees! They say the fees are independent!
in offering "no sale no fee" Marlow conveyancing firms are foregoing their fees for any work conducted. We should make it clear that this is NOT an insurance scheme. Disbursements aren’t covered – where the conveyancing practitioner have to pay money out to third parties, for example Marlow local search fees