I am in the market for a reasonably priced conveyancer. Do I opt for a web based conveyancer as opposed to a high street Leven conveyancing solicitor?
Existing third party relationships are another important factor to consider when choosing conveyancing solicitors. Leven conveyancers often have long term relationships with mortgage brokers and property, local authorities, valuers and other conveyancing firms meaning the whole process is going to be much smoother for you. Hosting a wealth of intelligence of the local area also helps too.
Can your site be used to recommend a Conveyancing solicitor in Leven even where I’m not purchasing or selling a house, for instance if I want to buy an office in Leven with a mortgage from The Mortgage Works?
Our search tool is primarily used to locate domestic conveyancing solicitors in Leven but we have listed at the bottom of this page a few Leven commercial conveyancing firms. You will need to speak with the solicitors directly to see if they are also authorised to represent The Mortgage Works
My grandfather passed away 10 months ago and as sole heir and executor I was left the house in Leven. The house had a relatively small loan remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to Skipton, pay off the mortgage. Is this allowed?
Given you intend to re-mortgage then Skipton will require that you use a conveyancer on the Skipton conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Skipton conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Skipton mortgage is registered as a charge at the Land Registry.
Despite weeks of looking the Title Certificate and documents to our property are lost. The conveyancers who handled the conveyancing in Leven 5 years ago no longer exist. What are my options?
In today’s world there are copies made of almost everything, and your lawyer should be aware exactly where to find all the relevant documentation so you may purchase or sell your house without a hitch. If duplicates are not available, your solicitor may be able to arrange cover in the form of insurance or indemnities against possible claims on your property.
I'm buying a new build house in Leven with a loan from Accord Mortgages Ltd. The sellers would not reduce the amount so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not disclose to my solicitor about the deal as it could 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 am a negotiator for a long established estate agency in Leven where we have witnessed a few flat sales jeopardised as a result of leases having less than 80 years remaining. I have been given contradictory information from local Leven conveyancing firms. Could you shed some light as to whether the seller of a flat can initiate the lease extension formalities for the buyer?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the sale.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I bought a basement flat in Leven, conveyancing was carried out August 1997. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Leven with an extended lease are worth £206,000. The ground rent is £45 yearly. The lease terminates on 21st October 2090
With only 66 years unexpired we estimate the premium for your lease extension to range between £12,400 and £14,200 plus legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.