I am purchasing a property and require a conveyancing solicitor in Northamptonshire who is on the Coventry Building Society conveyancing. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Coventry Building Society in certain locations such as Northamptonshire. We dont recommend any particular firm.
My relative advised me that if I am purchasing in Northamptonshire I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally included in the estimate for your Northamptonshire conveyancing searches. It is a large report of more than thirty pages, listing and setting out important information about Northamptonshire around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Northamptonshire Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful data concerning Northamptonshire.
I'm purchasing a new build house in Northamptonshire with a loan from Yorkshire Building Society. The sellers would not budge the price so I negotiated 6k of fixtures and fittings instead. The house builders rep suggested that I not reveal to my solicitor about this deal as it could put at risk my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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 am looking for a ground for flat up to £195,000 and found one close by in Northamptonshire I like with amenity areas and transport links nearby, the downside is that it only has 52 years on the lease. There is not much else in Northamptonshire suitable, so just wondered if I would be making a mistake acquiring a short lease?
If you require a mortgage the remaining unexpired lease term will be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
My wife and I may need to rent out our Northamptonshire 1st floor flat for a while due to a new job. We used a Northamptonshire conveyancing practice in 2003 but they have closed and we did not think at the time seek any advice as to whether the lease permits subletting. How do we find out?
Some leases for properties in Northamptonshire do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to unreasonably withhold but, in such cases, they would need to see references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
Northamptonshire Leasehold Conveyancing - A selection of Questions you should ask Prior to buying
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The majority of Northamptonshire leasehold flats will incur a service charge for the upkeep of the block set on behalf of the landlord. Where you buy the property you will have to pay this liability, usually periodically accross the year. This could vary from a few hundred pounds to thousands of pounds for bigger purpose-built blocks. There will also be a ground rent to be met yearly, this is usually not a large sum, say approximately £25-£75 but you need to check it because occasionally it can be prohibitively expensive. How many years remain on the lease? It would be sensible to investigate if the the lease includes any adverse restrictions in the lease. For instance it is fairly common in Northamptonshire leases that pets are not allowed in certain buildings in Northamptonshire. If you love the propertyin Northamptonshire yet your dog can’t move with you then you will be presented with a hard decision.
What type of premises does your Northamptonshire conveyancing quotes apply to?
The quotes provided are only applicable to standard domestic property in England & Wales. If you have any different requirements for example industrial or agricultural property or commercial conveyancing in Northamptonshire do contact us to discuss this further .