Can I use your services to find a Conveyancing solicitor in Newbury even where I’m not purchasing or selling a house, for instance if I wish to acquire an office in Newbury with a mortgage from Alliance & Leicester ?
The service is primarily used to find domestic conveyancing solicitors in Newbury but we have set out at the end of this page a few Newbury commercial conveyancing firms. You should speak with the solicitors directly to check if they can also act for Alliance & Leicester
I require fast conveyancing in Newbury as I have an ultimatum to sign on the dotted line within 2 weeks. A mortgage is not required. Is it possible to avoid the conveyancing searches to save fees and time?
If.Given you are are a cash purchaser you have the choice not to have searches carried out although no law firm would recommend that you don't. Drawing on our experience of conveyancing in Newbury the following are instances of what can be revealed and adversely affect future saleability: Refused Planning Applications, Overdue Charges, Overdue Grants, Railway Schemes,...
I'm buying my first flat in Newbury benefiting from help to buy. The sellers refused to reduce the price so I negotiated £7000 of extras instead. The sale representative suggested that I not disclose to my lawyer about the deal as it would jeopardize my loan with the bank. 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.
I'm refinancing my existing home to a buy to let mortgage with Barclays and intend to use the remaining equity as a down payment on another property. The neighborhood we are looking at is Newbury. Will your conveyancers be able to act for the two banks and link together the transactions?
Make use of our comparison tool on this site to ensure that the lawyers are on the appropriate lender panels. Assuming that they are the solicitor should be able to connect the two deals but you should talk with you solicitor and make clear your expectations and needs.
I am thinking of appointing a conveyancing solicitor in Newbury for my house move. Is there any facility to review a firm’s complaints history with the legal regulator?
Members of the public may find published Solicitor Regulator Association (SRA) determinations stemming from inquisitions started on or after 1 January 2008. Visit Check a solicitor's record. To find information about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, call +44 (0)121 329 6800. The SRA could recorded call for training requirements.
I am a negotiator for a reputable estate agent office in Newbury where we have experienced a few flat sales derailed due to leases having less than 80 years remaining. I have been given conflicting advice from local Newbury conveyancing solicitors. Could you confirm whether the vendor of a flat can commence the lease extension process for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I am the registered owner of a split level flat in Newbury, conveyancing having been completed half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Newbury with over 90 years remaining are worth £192,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease terminates on 21st October 2080
With only 54 years left to run we estimate the price of your lease extension to span between £32,300 and £37,400 plus legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.