Can your site be used to find a Conveyancing solicitor in West Cross even where I’m not buying or selling a house, for instance if I intend to buy a shop in West Cross with a loan from Virgin Money?
Our comparison service is predominantly there to help choose domestic conveyancing solicitors in West Cross but we have recorded towards the end of this page a few West Cross commercial conveyancing firms. You should enquire with the firm directly to establish if they are also authorised to represent Virgin Money
I am buying my first flat in West Cross benefiting from help to buy. The sellers would not move on the price so I negotiated £7000 of fixtures and fittings instead. The house builders rep told me not reveal to my conveyancer about this deal as it will jeopardize my loan with HSBC Bank. Is this normal?.
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 leasehold apartment up to £195,000 and found one round the corner in West Cross I like with amenity areas and station nearby, the downside is that it's only got 61 years unexpired on the lease. I can't really find anything else in West Cross in this price bracket, so just wondered if I would be making a grave error buying a short lease?
Should you need a home loan that many years will be a potential deal breaker. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least 2 years you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
Taking into account that I will soon part with 450k on 3 bedroom house in West Cross I wish to talk to a lawyer concerning theconveyancing before appointing the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you speaking to the solicitor who will be conducting your conveyancing in West Cross.There is no ‘factory style conveyancing’ - every client is unique person, not a matter number. The law firms that we put you in touch with believe that the figure you are provided with for your conveyancing in West Cross should be the amount on the final invoice that you are charged.
We are 17 days into a residential purchase having been directed to solicitors by the estate agent to handle our conveyancing in West Cross. I am not happy. Could you help me find new lawyers?
A solicitor would have to be really poor to suggest changing them. Has the loan offer been issued? In the event that it has you will need to make them aware of the new conveyancer and have the mortgage documents are re-issued. The solicitor ideally needs to be on the lenders panel to avoid added expenses and delays. That should be your starting point. The find a solicitor tool should assist you in finding a lender approved solicitor for your conveyancing in West Cross
What are your top tips when it comes to finding a West Cross conveyancing practice to carry out our lease extension conveyancing?
When appointing a conveyancer for lease extension works (regardless if they are a West Cross conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you speak with several firms including non West Cross conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be useful:
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What are the legal fees for lease extension conveyancing? Can they put you in touch with clients in West Cross who can give a testimonial?
West Cross Conveyancing for Leasehold Flats - Examples of Questions you should ask before buying
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You should be aware that where the lease has no more than 80 years it will impact the salability of the flat. Check with your lender that they are willing to to proceed given the lease term. A short lease means that you will almost definitely require a lease extension sooner rather than later and you need to have some idea of how much this will be. For most West Crosslease extensions you will need to own the premises for two years before you are eligible to extend the lease. Who is in charge of the block? The best form of lease arrangement is where the freehold title is owned by the leaseholders. In this situation the leaseholders enjoy being in charge if their destiny and even though a managing agent is often retained where the building is larger than a house conversion, the managing agent retained by the leaseholders.