We see that you have a search directory identifying law firms on the Kent Reliance conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Ardwick?
We are a listing service only for law firms wishing to communicate if they are on the Kent Reliance conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Ardwick.
A relative advised me that if I am purchasing in Ardwick I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally included in the estimate for your Ardwick conveyancing searches. It is not a small report of about 40 pages, listing and detailing significant information about Ardwick around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful information regarding Ardwick.
3 months have gone by following my purchase conveyancing in Ardwick concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. 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 purchasing a new build house in Ardwick with a loan from Halifax. The sellers would not move on the amount so I negotiated £7000 of extras instead. The property agent told me not reveal to my conveyancer about the side-deal as it would affect my loan with the lender. 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.
I have been on the look out for a leasehold apartment up to £245,000 and found one round the corner in Ardwick I like with amenity areas and railway links in the vicinity, however it only has 61 years unexpired on the lease. There is not much else in Ardwick in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a home loan that many years will be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.
I pay a service charge for my property in Ardwick. As a result of flawed financial planning I fell into arrears with remittance. The freeholders agreed a payment plan but there is still about £3000 outstanding as of today.
I want to dispose of the property and I am panicking this may threaten to derail the sale if I have to pay off the amount due in advance. I'd like to sell up and subsequently repay the arrears from the proceeds - is this possible?
You should check with the solicitor conducting your Ardwick conveyancing but it may be possible to arrange for the debt to be attributed to the buyers. The contractual price due would be adjusted to reflect the amount of debt they take on. They could then pay the fees once they are the owners.