Having been told to check out your site we were about to go ahead with a conveyancing solicitor in Botley recommended using your search tool but have come across alternative costs illustrations via the web look less pricey – how come?
There are many firms of conveyancers marketing at first sight what seems to be cut price. You should think twice as to how much you respect your own move to you are willing to be penny wise pound foolish in relation to the standard of the legal work. Many of them highlight a low fee as a headline but plant extra costs in the small print..
My partner and I are buying a new build duplex in Botley and my solicitor is advising me that she is duty bound to the lender to reveal incentives from the builder. The Estate Agents are hassling me to exchange and I have no desire to prolong matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I purchased a renovated Georgian house in Botley. Conveyancing lawyer acted for me and Norwich and Peterborough Building Society. I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold with the exact same property. Is it worth asking Norwich and Peterborough Building Society to clarify?
You should review 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Botley and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing solicitor who conducted the conveyancing.
I am buying a new build house in Botley benefiting from help to buy. The builders refused to budge the price so I negotiated £7000 of additionals instead. The property agent suggested that I not disclose to my lawyer about this deal as it could put at risk my loan with the bank. 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.
As co-executor for the will of my uncle I am disposing of a property in Swansea but live in Botley. My solicitor (approximately 235 kilometers awayhas requested that I sign a stat dec ahead of completion. Could you suggest a conveyancing solicitor in Botley to witness this legal document for me?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are Botley based
I wish to sublet my leasehold apartment in Botley. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for permission?
A lease governs relations between the freeholder and you the leaseholder; in particular, it will set out if subletting is prohibited, or permitted but only subject to certain caveats. The accepted inference is that if the lease contains no expres ban or restriction, subletting is allowed. The majority of leases in Botley do not contain subletting altogether – such a clause would undoubtedly devalue the property. Instead, there is usually a basic requirement that the owner notifies the freeholder, possibly sending a duplicate of the sublease.
Leasehold Conveyancing in Botley - Examples of Questions you should ask Prior to Purchasing
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Best to be warned whether window replacement or some other significant cost is coming up that will be shared amongst the tenants and will dramatically increase the the service fees or necessitate a specific invoice. Is the freehold owned collectively by the leaseholders?