After what seems like an age a mortgage offer from Nationwide for the remortgage of my 2 room flat is due within the next few days. Are you able to propose a low cost conveyancing lawyer in Merriott?
You are on the wrong site if you are in need of a cheap conveyancing in Merriott. Our aim is to provide excellent value conveyancing but we do not aim to advertise as being the cheapest. Do not be seduced by companies offering £100 conveyancing in Merriott. In your best case scenario, in deciding on cheap conveyancing, you will end up with what you pay for and at worst you will end up spending a lot in additional fees and still not get the service expected.
Can your site be used to find a Conveyancing solicitor in Merriott even where I’m not buying or disposing of a house, for example where I wish to acquire a shop in Merriott with a loan from The Royal Bank of Scotland?
The service is primarily used to get a quote from residential conveyancing solicitors in Merriott but we have set out at the bottom of this page a selection of Merriott commercial conveyancing firms. You should speak with the solicitors directly to check if they can also act for The Royal Bank of Scotland
Is it correct that all Merriott CQS (Conveyancing Quality Scheme) solicitors are on the Bank of Ireland conveyancing list of approved solicitors?
A selection of lenders now utilise CQS as the starting point for Panel membership such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of firms.
I have today made my last payment due on my mortgage with Bank of Ireland. I assume I don't need a Merriott property lawyer on the Bank of Ireland panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Bank of Ireland mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Bank of Ireland mortgage from the register. Bank of Ireland, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Bank of Ireland has sent the Land Registry the discharge electronically, and
- Bank of Ireland has instructed the Land Registry to do so
After what feels like an age I have had an offer on an apartment in Merriott agreed to, the owners do however have a dependent purchase. The vendors have placed an offer on on an apartment, but it’s not yet agreed to, and have viewings of other flats in the pipeline. I have chosen a bricks and mortar conveyancing solicitor in Merriott. What do I do now? At what point should I apply for the mortgage with Leeds Building Society?
It is normal to have concerns where there is a chain as you are unlikely to want to incur expenses prematurely (home loan application is in the region of £1k, then survey, Merriott conveyancing search costs, etc). First, you should ensure that your conveyancer is on the Leeds Building Society conveyancing panel. Concerning the next steps this very much depends on the uniqueness of your transaction, motivation for this property and on the state of the market. In a rising market some home buyers would apply for the mortgage with Leeds Building Society and pay for the valuation and only if it comes back ok would they pay their lawyer to proceed with the conveyancing in Merriott.
Me and my brother own a semi-detached Georgian house in Merriott. Conveyancing solicitor acted for me and Santander. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, another for leasehold under the exact same property. Is it worth asking Santander to clarify?
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Merriott and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with the conveyancing lawyer who completed the work.
I am buying a new build house in Merriott with a mortgage from Bank of Ireland. The sellers refused to budge the price so I negotiated 6k of fixtures and fittings instead. The house builders rep suggested that I not reveal to my lawyer about this deal as it could affect my mortgage with the bank. 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.
Due to sign contracts shortly on a leasehold property in Merriott. Conveyancing solicitors assured me that they are sending me a report next week. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Merriott should include some of the following:
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specifics of the parties to the lease, for instance these could be the lessee, head lessor, freeholder You should know if the lease allows you to change or upgrade anything in the premises- you should know whether any restrictions applies to all alterations or limited to structural alteration, and whether consent is required An explanation as to the provision in the lease to pay service charges - in respect of the block, and the more general rights a leaseholder enjoys Alterations to the flat Does the lease prevent you from renting out the flat, or having a home office for business
I am the registered owner of a basement flat in Merriott, conveyancing having been completed in 1996. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Merriott with over 90 years remaining are worth £211,000. The ground rent is £50 levied per year. The lease ends on 21st October 2092
With only 68 years unexpired we estimate the premium for your lease extension to be between £9,500 and £11,000 plus costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.