Would the conveyancing practitioners listed on your site conduct right to buy conveyancing in Mousehole?
We do have a number of conveyancing firms who can conduct right to buy transactions Do get in touch with the solicitors listed to secure a costs illustration.
We are expecting a mortgage offer soon. The bank mentioned the home loan came with free conveyancing. Is the implication that I have to instruct their panel solicitor as I would much rather appoint a Mousehole based conveyancing firm?
Do check but the the likelihood is that appoint one of their panel solicitors where you want the "fee-free" offer. Contact the bank to ask if they offer you a monetary alternative. In the past a few lenders offered a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor near Mousehole.
I am helping my sister sell her house in Mousehole. Will the solicitor arrange the energy performance certificate or it is for the owner to coordinate?
After the demise of Home Packs, energy assessments was maintained a compulsory component of selling a property. An energy performance certificate should be commissioned in advance of the property being advertised. This is not a task that lawyers normally organise. If you are instructing a Mousehole conveyancing solicitor they may be willing to arrange energy performance certificates due to their relationships with reputable Mousehole energy assessors
When it comes to lenders such as Bank of Ireland, do Mousehole conveyancing practitioners incur an annual charge to be on the conveyancing panel?
We are not aware of any bank fees to be on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel application.
The mortgage over my property is with UBS for my property in Mousehole. Conveyancing has been completed some time ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform UBS?
You must advise UBS prior to renting your property as this is likely to be a breach of UBS’s mortgage conditions. It may be that UBS will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact UBS directly. It should not be necessary to do this via a UBS conveyancing panel solicitor.
five months have gone by following my purchase conveyancing in Mousehole concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. 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 premises 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 Mousehole with a mortgage from Leeds Building Society. The developers refused to reduce the price so I negotiated 6k of additionals instead. The sale representative told me not to tell my solicitor about this deal as it may affect my mortgage with the lender. Should I keep quiet?.
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.
Over the last few months I have been searching for a flat up to £305k and found one close by in Mousehole I like with open areas and transport links nearby, the downside is that it's only got 52 remaining years left on the lease. There is not much else in Mousehole suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a home loan the remaining unexpired lease term will be problematic. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of twenty four months you may ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.