My house in Avonmouth is up for sale and I have a buyer. Does my conveyancer need to be required to be on the TSB conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the TSB conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
A friend suggested that if I am purchasing in Avonmouth I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes quoted for as part of the standard Avonmouth conveyancing searches. It is a large report of about 40 pages, listing and detailing significant information about Avonmouth around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information concerning Avonmouth.
I'm purchasing a new build house in Avonmouth with a loan from Barclays Direct. The developers would not budge the price so I negotiated £7000 of fixtures and fittings instead. The house builders rep suggested that I not reveal to my conveyancer about the extras as it would jeopardize 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 opted to have a survey carried out on a property in Avonmouth before instructing conveyancers. I have been told that there is a flying freehold element to the house. The surveyor has said that some mortgage companies tend refuse to give a mortgage on such a home.
It varies from the lender to lender. Santander has different requirements from Nationwide. Should you wish to call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Avonmouth. Conveyancing will be smoother if you use a solicitor in Avonmouth especially if they are familiar with such properties in Avonmouth.
My business partner and I are hoping to lease a unit on a shopping parade. Can you recommend solicitors offering no-move-no costs for commercial conveyancing in Avonmouth for below £1,200?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Avonmouth, including the sale and acquisition of businesses as well as simply premises. Whether you are intending to buy or sell a shop, pub, restaurant, office, retail premises or a whole business we will find you the right lawyer. As for the fees this will depend on the structure and terms of the deal. Please provide us with your contact information or call us so that we can furnish you with a fixed commercial conveyancing calculation.
Back In 2005, I bought a leasehold house in Avonmouth. Conveyancing and Halifax mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1991. The conveyancing practitioner in Avonmouth who previously acted has long since retired. Do I pay?
First contact HMLR to be sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. There is no need to instruct a Avonmouth conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Avonmouth Leasehold Conveyancing - A selection of Questions you should consider before buying
Generally speaking the outlay for major works tend not to be incorporated into the maintenance charges, albeit that there some managing agents in Avonmouth obliged leasehold owners to pay into a sinking fund created for the specific intention of building a fund for larger repairs or maintenance. How is the lease structured? You should be aware if it is no more than eighty years it will impact the salability of the flat. It is worth checking with your lender that they are happy with the length of the lease. A short lease means that you will probably require a lease extension sooner rather than later and it is worth finding out what this would cost. For most Avonmouthlease extensions you will need to own the residence for 24 months before you are entitled to extend the lease.