How up to date is your search tool for Acocks Green conveyancing solicitors on the Nationwide conveyancing panel? Do Nationwide send you an updated list?
Acocks Green conveyancing firms themselves provide us confirmation that they are on the Nationwide conveyancing panel as opposed to being supplied with a list from Nationwide directly.
We're in Acocks Green, First time buyers buying with a mortgage (lender is Clydesdale , and our solicitor is on the Clydesdale conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Clydesdale conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I am purchasing my first flat in Acocks Green with the aid of help to buy. The sellers refused to move on the amount so I negotiated 6k of extras instead. The estate agent advised me not to tell my solicitor about this side-deal as it could impact my loan with the lender. Should I keep quiet?.
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 to sell my house. My past solicitors have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Acocks Green if that makes things easier.
Do use our search tool to help you choose a solicitor for your conveyancing in Acocks Green. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
My husband and I are a fortnight into a leasehold purchase having been referred to conveyancers by the selling agent to do our conveyancing in Acocks Green. We are not happy. Could you you assist me in finding new solicitors?
They would have to be very poor in order to consider diss instructing them. Has the loan offer been sent? If so you need to inform them of the new contact details and get the loan are re-issued. The conveyancer needs to be on the mortgage company panel to avoid escalating expenses and complications. That should be your starting point. Our search tool should help you find a lender approved lawyer for your home move in Acocks Green
In relation to leasehold conveyancing in Acocks Green what are the most frequent lease problems?
There is nothing unique about leasehold conveyancing in Acocks Green. Most leases are individual and drafting errors can sometimes mean that certain sections are not included. For example, if your lease is missing any of the following, it could be defective:
A provision to repair to or maintain parts of the building A duty to insure the building
A defective lease will likely cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. National Westminster Bank, Bank of Scotland, and Bank of Ireland all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to provide security, forcing the buyer to withdraw.
I inherited a 2 bed flat in Acocks Green, conveyancing having been completed January 1999. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable flats in Acocks Green with an extended lease are worth £185,000. The ground rent is £65 invoiced annually. The lease runs out on 21st October 2080
With just 60 years left to run we estimate the price of your lease extension to be between £20,000 and £23,000 as well as costs.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.