At long last a mortgage agreement from Santander for the remortgage of my 4 room flat is expected within the next few days. Are you able to suggest a low cost conveyancing practitioner in Plymstock?
This site is not designed to help those in pursuit of a cheap conveyancing solicitors in Plymstock. Our intention is to offer value for money conveyancing but we do not aim to work with the cheapest lawyers. Resist the temptation to appoint organisations seducing you with £99 conveyancing in Plymstock. In your best case scenario, in being led by low cost conveyancing, you will receive what you pay for and at worst it will result in you invoiced for extras and still not get the service required.
We are looking to buy a house and require a conveyancing solicitor in Plymstock who is on the UBS approved panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for UBS . We don't recommend any particular firms conducting conveyancing in Plymstock.
3 months have elapsed following my purchase conveyancing in Plymstock concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm buying my first flat in Plymstock with a mortgage from Lloyds TSB Bank. The developers would not reduce the amount so I negotiated five thousand pounds worth of extras instead. The house builders rep suggested that I not reveal to my solicitor about the side-deal as it may affect my loan with Lloyds TSB Bank. Should I keep quiet?.
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've recently found out that there is a flying freehold element on a property I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. Plymstock is the location of the property. Can you offer any advice?
Flying freeholds in Plymstock are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Plymstock you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Plymstock may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
Having had my offer accepted I require leasehold conveyancing in Plymstock. Before diving in I require certainty as to the number of years remaining on the lease.
If the lease is registered - and almost all are in Plymstock - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I purchased a studio flat in Plymstock, conveyancing having been completed 6 years ago. Can you work out an approximate cost of a lease extension? Corresponding flats in Plymstock with an extended lease are worth £176,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease comes to an end on 21st October 2105
You have 80 years left to run the likely cost is going to be between £8,600 and £9,800 as well as professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.