We are aiming to move home in February. Should my conveyancing solicitor update the removal company on the day of completion. On a separate note, can you put forward a removal company in Priorslee. Conveyancing firm was found before I stumbled across your website.
On the day of completion you will need to collect the keys from your property agent but this should only happen once the sellers solicitors inform the agent that they have the completion monies and the keys can be released. You should tell the removal men that they can start moving you in. We are not in a position to recommend a specific removal organisation but can assist you in choosing a conveyancing in Priorslee or a firm that specialises in conveyancing in Priorslee.
We expect to receive a AIP from Kent Reliance this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Kent Reliance recommend any Priorslee solicitors on the Kent Reliance conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Priorslee solicitors independently although you'll need to choose one on the Kent Reliance conveyancing panel. The solicitor represents both you and Kent Reliance through the process.
I am currently in the process of buying my council flat in Priorslee. I have a mortgage offer with UBS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
What can a local search reveal regarding the property my wife and I buying in Priorslee?
Priorslee conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search company such as Searchflow The local search plays a central part in many a Priorslee conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your property. The search will provide data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic sections.
I am buying a new build house in Priorslee with the aid of help to buy. The sellers would not move on the amount so I negotiated £7000 of fixtures and fittings instead. The sale representative suggested that I not disclose to my lawyer about the side-deal as it may adversely affect my mortgage with the lender. 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.
I decided to have a survey carried out on a house in Priorslee ahead of instructing lawyers. I have been informed that there is a flying freehold element to the house. Our surveyor has said that some mortgage companies will refuse to grant a loan on such a property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Birmingham Midshires. Should you wish to call us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Priorslee. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Priorslee to see if the conveyancing costs will increase in light of this.
My business partner and I are wishing to take an assignment of a lease of a shop on the high street. Can you recommend conveyancers offering fixed costs for non-domestic conveyancing in Priorslee for below £2000?
We can recommend firms who have specialist knowledge of commercial conveyancing in Priorslee, including the disposal and acquisition of businesses as well as simply property. Whether you are hoping to buy or lease a shop, pub, restaurant, office, retail premises or a whole business we can find you the right lawyer. As for the charges this will depend on the structure and nuances of the proposed transaction. Please provide us with your contact information or phone us so that we may furnish you with comprehensive commercial conveyancing quote.
I am tempted by the attractive purchase price for a two flats in Priorslee both have about 50 years unexpired on the leases. Should I regard a short lease as a deal breaker?
There are plenty of short leases in Priorslee. The lease is a right to use the premises for a prescribed time frame. As the lease gets shorter the value of the lease deteriorates and it becomes more expensive to acquire a lease extension. For this reason it is advisable to extend the lease term. Sometimes it is difficult to sell a property with a short lease as mortgage companies may be reluctant to lend money on properties of this type. Lease extension can be a protracted process. We advise that you get professional help from a solicitor and surveyor with experience in this field.
Priorslee Leasehold Conveyancing - Examples of Queries Prior to Purchasing
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This question is important as a) areas could result in problems in the building as the common areas may begin to deteriorate if repairs are not paid for b) if the tenants have a dispute with the managing agents you will wish to know about it The majority of Priorslee leasehold apartments will have a service charge for the upkeep of the building set by the landlord. Where you purchase the flat you will have to pay this charge, normally periodically accross the year. This may differ from several hundred pounds to thousands of pounds for blocks with lifts and large common areas. In all probability there will be a rentcharge for you to pay annual, this is usually not a significant amount, say approximately £25-£75 but you need to enquire it because occasionally it can be surprisingly expensive. Is the freehold owned collectively by the tenants?