My Solicitor in Woburn Sands is not listed on the Yorkshire Building Society Conveyancing Panel. Is it possible for me to continue with my family solicitor even though they are not on the Yorkshire Building Society approved list?
The limited options open to you here include:
- Carry on with your preferred Woburn Sands lawyers but Yorkshire Building Society will need to retain a solicitor on their list of acceptable firms. This will inevitably rack up the overall conveyancing charges as well as result in frustration.
- Choose an alternative solicitor to to deal with the conveyancing, not forgetting to check they are Yorkshire Building Society approved.
- Persuade your Yorkshire Building Society based solicitor to try to join the Yorkshire Building Society panel
My stepmother informed me that in buying a property in Woburn Sands there could be a number of restrictions preventing external changes to the property. Is this right?
We are aware of anumerous of properties in Woburn Sands which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Woburn Sands should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We were going to get a DIP from Bank of Ireland this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Bank of Ireland recommend any Woburn Sands solicitors on the Bank of Ireland conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Woburn Sands solicitors independently although you'll need to choose one on the Bank of Ireland conveyancing panel. The solicitor represents both you and Bank of Ireland through the process.
I had an offer accepted on a property in Woburn Sands on 14/3/2024, valuation was booked 3 days later, received a clean bill of health. Solicitor instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Nottingham and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nottingham conveyancing panel. Can the lender hold off the offer?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Nottingham to deal with your lawyer's application to be on the Nottingham conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have todaybecome aware that Arc property Solicitors have been shut down. They carried out my conveyancing in Woburn Sands for a purchase of a leasehold flat 10 months ago. How can I establish that the property is in my name in the name of the former proprietor?
The easiest way to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Woburn Sands conveyancing specialists.
I'm purchasing a new build house in Woburn Sands with a loan from Nationwide Building Society. The developers would not move on the price so I negotiated 6k of fixtures and fittings instead. The sale representative told me not inform my lawyer about the deal as it would adversely affect my mortgage with the 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.
Is there anything unique about your site and alternative online quote calculators when it comes to conveyancing in Woburn Sands?
At this site secure a fixed fee quote via a Solicitor or Licensed Conveyancer that appreciates the nuances of your conveyancing in Woburn Sands. Unlike many estate agents and brokerage sites we do not have referral arrangements with solicitors. A large number of agents and online brokers 'recommend' solicitors that pays the highest commission, as opposed to the best value conveyancing in Woburn Sands
I own a leasehold house in Woburn Sands. Conveyancing and The Royal Bank of Scotland mortgage went though with no issue. A letter has just been received from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1995. The conveyancing practitioner in Woburn Sands who previously acted has long since retired. Any advice?
First make enquiries of HMLR to make sure that the individual purporting to own the freehold is in fact the new freeholder. You do not need to incur the fees of a Woburn Sands conveyancing solicitor to do this as it can be done on-line for less than a fiver. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I own a garden flat in Woburn Sands, conveyancing formalities finalised half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Woburn Sands with an extended lease are worth £222,000. The ground rent is £50 per annum. The lease runs out on 21st October 2094
With only 70 years remaining on your lease we estimate the premium for your lease extension to span between £9,500 and £11,000 as well as professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.