We are about to complete on the purchase of a house in Crofton Park but as a result of wreckage from some water damage at the property I have was able negotiate recompense from the vendor in the sum of £2k in the form of a reduction in the price. I had intended this to be dealt with as part of a side agreement however Clydesdale are not allowing this. Why were they involved?
Your property lawyer that is on a Clydesdale approved list is required to inform Clydesdale of any amendments to the purchase price. If you were to refuse your conveyancer to report the reduction to Clydesdale then they would have to discontinue acting for you. In addition, Clydesdale and you would have to appoint a new lawyer for your conveyancing in Crofton Park.
Can I use your services to recommend a Conveyancing solicitor in Crofton Park even if I’m not buying or selling a house, for example where I wish to acquire an office in Crofton Park with a loan from Birmingham Midshires?
Our search tool is mainly used to locate residential conveyancing solicitors in Crofton Park but we have set out at the end of this page some Crofton Park commercial conveyancing firms. You will need to make contact with the solicitors directly to establish if they are also authorised to represent Birmingham Midshires
Do I have to attend the offices of the solicitor to sign the mortgage deed? If so, I will instruct a firm who offer conveyancing in Crofton Park so that I can pop in to their offices when needed.
These days conveyancing panel lawyers for mortgage companies conduct the vast majority of communications through the post, e-mail or over phone calls. This enables them to undertake the conveyancing transaction no matter where you live in the country. However you should see if you can still book an appointment to visit conveyancing lawyer if you prefer.
I'm purchasing a new build house in Crofton Park with a mortgage from TSB. The builders refused to budge the amount so I negotiated £7000 of additionals instead. The property agent told me not disclose to my solicitor about this side-deal as it may 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 opted to have a survey done on a property in Crofton Park before retaining solicitors. I have been advised that there is a flying freehold overhang to the property. The surveyor advised that some mortgage companies may refuse to grant a mortgage on a flying freehold house.
It varies from the lender to lender. Santander has different instructions from Halifax. If you call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Crofton Park. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Crofton Park to see if the conveyancing costs will increase in light of this.
I have just appointed agents to market my 2 bed flat in Crofton Park. Conveyancing solicitors are to be appointed soon, but I have just had a quarterly maintenance charge invoice – what should I do?
The sensible thing to do is clear the invoice as you normally would because all rents and maintenance invoices will be apportioned on completion, so you should recover the relevant percentage by the buyer 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.
Having spent months of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Crofton Park. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a missing freeholder or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to make a decision on the price payable.
An example of a Lease Extension case for a Crofton Park residence is Flat b 14 Kemble Road in May 2014. The Tribunal assessed the value of the premium payable for the lease extension to be £9,761 This case affected 1 flat.