We see that you have a search directory listing law firms on the Principality conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in Riddlesdown?
We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Riddlesdown.
My friend recommended that where I am buying in Riddlesdown I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes quoted for as part of the standard Riddlesdown conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about Riddlesdown around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Riddlesdown Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Riddlesdown Education with plans and statistics, Local Amenities and other useful information about Riddlesdown.
Have purchased a a detached house in Riddlesdown , What is the estimated time for the Land Registry to record the transfer to my name? My Riddlesdown conveyancing solicitor has been very slow, so I want to be sure that my purchase is recorded.
As far as conveyancing in Riddlesdown registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timeframes can vary depending on who lodges the application, whether there are errors and whether the Land registry communicate with any 3rd persons or bodies. At present approximately three quarters of such applications are fully dealt with in less than three weeks but some can be subject to extensive delays. Registration is effected after the new owner is living at the property thus 'speed' is not usually primary concern but where it is urgent that the the registration takes place urgently then you or your conveyancer can communicate with the Registry to express the reasoning for an expedited registration.
I am buying a new build house in Riddlesdown with a loan from Platform Home Loans Ltd. The builders would not reduce the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative advised me not disclose to my solicitor about the deal as it may affect my loan 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 am looking for a ground for flat up to £305k and found one close by in Riddlesdown I like with a park and railway links in the vicinity, the downside is that it only has 49 remaining years left on the lease. I can't really find anything else in Riddlesdown in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a mortgage the remaining unexpired lease term will be problematic. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
All being well we will complete the sale of our £475,000 garden flat in Riddlesdown next week. The landlords agents has quoted £420 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is the landlord entitled to charge such fees for a flat conveyance in Riddlesdown?
Riddlesdown conveyancing on leasehold maisonettes normally involves the buyer’s lawyer sending questions for the landlord to address. Although the landlord is under no legal obligation to answer these enquiries the majority will be willing to do so. They may invoice a reasonable administration fee for answering enquiries or supplying documentation. There is no upper cap for such fees. The average fee for the information that you are referring to is over three hundred pounds, in some cases it exceeds £800. The administration charge required by the landlord must be sent together with a summary of rights and obligations in relation to administration fees, without which the invoice is technically not due. Reality however dictates that you have little choice but to pay whatever is demanded if you want to sell the property.
I inherited a basement flat in Riddlesdown. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the sum due for the purchase of the freehold?
Most certainly. We can put you in touch with a Riddlesdown conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Riddlesdown property is The Woodlands 95 Purley Park Road in April 2009. The Tribunals own valuation produced the figure of £37,912. This case related to 6 flats. The unexpired residue of the current lease was 78.32 years.