We note that you have a search directory listing solicitors on the Co-operative conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Bamber Bridge?
We are a listing service only for law firms wishing to communicate if they are on the Co-operative conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Bamber Bridge.
What will a local search tell me about the property I am purchasing in Bamber Bridge?
Bamber Bridge conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search organisations for instance Searches UK The local search plays an important role in many a Bamber Bridge conveyancing purchase; that is if you don’t want any nasty once you have moved into your property. The search will supply data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
I own a terraced Edwardian house in Bamber Bridge. Conveyancing practitioner represented me and Aldermore. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold under the exact same address. Is it worth asking Aldermore to clarify?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bamber Bridge and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with your conveyancing solicitor who conducted the purchase.
I'm purchasing a new build house in Bamber Bridge with a loan from Virgin Money. The builders would not reduce the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep advised me not inform my conveyancer about this extras as it would jeopardize my loan with the lender. Is this normal?.
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.
Taking into account that I will soon part with £400,000 on a garden flat in Bamber Bridge I wish to talk to a conveyancer concerning thehouse move ahead of instructing the firm. Can this be arranged?
This is something that we recommend - it is our preference to talk to you we do not take any clients on without you liaising with the solicitor due to be conducting your conveyancing in Bamber Bridge.There is no ‘factory style conveyancing’ - each client is an important person, not a matter number. The law firms that we put you in touch with believe that the figure you are provided with for your conveyancing in Bamber Bridge should be the amount on the final invoice that you are charged.
I have just started marketing my ground floor flat in Bamber Bridge. Conveyancing solicitors are to be appointed soon, but I have recently received a yearly maintenance charge demand – what should I do?
Your conveyancing lawyer is likely to suggest that you should clear the service charge as usual given that all ground rent and maintenance payments should be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I purchased a 1st floor flat in Bamber Bridge, conveyancing having been completed in 1998. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Bamber Bridge with an extended lease are worth £191,000. The ground rent is £55 invoiced annually. The lease runs out on 21st October 2079
With just 54 years remaining on your lease we estimate the premium for your lease extension to be between £31,400 and £36,200 plus legals.
The figure above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed due diligence. Do not use this information in tribunal or court proceedings. There may be additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.