Is it the case that all Alvechurch conveyancing solicitors on the Kent Reliance conveyancing panel are overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Kent Reliance conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Some mortgage companies do list licenced conveyancers on their panel and in such a situation the firms would be overseen by the CLC.
I am selling my house. I had a double glazing fitted in June 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Bank of Ireland are being pedantic. The Alvechurch solicitor who is on the Bank of Ireland conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Bank of Ireland are insisting on a building regulation certificate. Why do Bank of Ireland have a conveyancing panel if they don't accept advice from them?
It is probably the case that Bank of Ireland have referred the matter to their valuer. The reason why Bank of Ireland may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Aldermore have agreed my home loan in principle, my offer on a flat in Alvechurch has been accepted, what are the next steps?
The property agent will wish to know who your solicitors are (make sure the lawyers are on the bank’s approved list). Contact Aldermore or your financial adviser and finalise any relevant paperwork. Aldermore will appoint a valuer who will get in touch with the estate agent or vendor to book an appointment. Once conducted (assuming no problems) it takes about ten days to receive the mortgage offer. Aldermore will issue the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Alvechurch.
I need some expedited conveyancing in Alvechurch as I have a deadline to sign on the dotted line inside one month. A mortgage is not required. Can I escape the need for conveyancing searches to save fees and time?
If.Given you are not getting a home loan you have the choice not to have searches conducted although no law firm would suggest that you don't. With lots of history conveyancing in Alvechurch the following are instances of issues that can appear and adversely impact future saleability: Enforcement Actions, Overdue Fees, Outstanding Grants, Road Schemes,...
I'm purchasing my first flat in Alvechurch with a mortgage from Santander. The sellers would not reduce the amount so I negotiated £7000 of additionals instead. The house builders rep told me not to tell my solicitor about the extras as it will adversely affect my loan 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.
I am looking for a ground for flat up to £245,000 and found one round the corner in Alvechurch I like with amenity areas and station nearby, however it only has 49 years unexpired on the lease. I can't really find anything else in Alvechurch for this price, so just wondered if I would be making a mistake buying a short lease?
Should you require a home loan the remaining unexpired lease term will likely be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor about this matter.
We expect to complete the disposal of our £475,000 garden flat in Alvechurch in seven days. The managing agents has quoted £420 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is the landlord entitled to charge such fees for a flat conveyance in Alvechurch?
Alvechurch conveyancing on leasehold apartments normally necessitates administration charges raised by landlords agents :
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Completing pre-contract questions
Where consent is required before sale in Alvechurch
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I am the registered owner of a garden flat in Alvechurch, conveyancing having been completed in 2008. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Alvechurch with an extended lease are worth £222,000. The ground rent is £50 per annum. The lease comes to an end on 21st October 2096
With 71 years remaining on your lease we estimate the price of your lease extension to range between £9,500 and £11,000 plus professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.
I note that you have a search directory listing solicitors on the lender conveyancing panel. Do Alvechurch conveyancing companies pay you a referral fee if I retain them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the mortgage company conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Alvechurch.