I am acquiring a property for cash in Cudworth. I have been residing for the last 20 years in Cudworth. Conveyancing searches are a lot of money. As I know the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a home loan, then the vast majority of the Cudworth conveyancing searches are optional. Your solicitor will 'advise', perhaps strongly, that you should have searches completed, but he has a professional duty to do this. Do take into account; if you are likely to sell the house one day, it may be of importance to your future purchaser what the searches contain. On occasion premises with day to day issues can still reveal negative search results. A competent conveyancing solicitor in Cudworth will be able to give you some constructive guidance here.
Having sold my house in Cudworth last May yet the purchaser is texting every few hours complaining that their solicitor is waiting to hear from mylawyer. What should have happened following completion?
After completion of your sale your conveyancer should deliver the transfer documentation and all supplemental paperwork to the buyer’s solicitors. Where relevant, your conveyancer must also evidence that the legal charge in favour of the lender has been repaid to the purchasers conveyancers. There is unlikely to be post completion requirements just for conveyancing in Cudworth.
I'm buying my first flat in Cudworth with the aid of help to buy. The sellers refused to reduce the amount so I negotiated £7000 of fixtures and fittings instead. The property agent suggested that I not inform my conveyancer about this deal as it would impact my mortgage with the bank. Do I keep my lawyer in the dark?.
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.
Hoping to buy a property located in Cudworth and I am already nervous. I couldn't find anything specific about Cudworth. Conveyancing will be needed in due course but do you know about the Cudworth area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Cudworth. In the meantime here are some basic statistics that we found
I own a leasehold flat in Cudworth. Conveyancing and Britannia mortgage went though with no issue. A letter has just been received from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1995. The conveyancing practitioner in Cudworth who acted for me is not around. Do I pay?
First make enquiries of the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Cudworth conveyancing practitioner to do this as you can do this on the Land Registry website for £3. You should note 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.
I own a leasehold flat in Cudworth, conveyancing was carried out September 2011. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Cudworth with a long lease are worth £201,000. The ground rent is £45 charged once a year. The lease ceases on 21st October 2088
With only 64 years unexpired we estimate the premium for your lease extension to span between £14,300 and £16,400 plus legals.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first getting professional advice.
Being a tenant I am on the hook for a service charge for my appartment in Cudworth. As a result of poor financial planning I fell into arrears with payments. The management company agreed a payment schedule but there remains about £3000 outstanding as of today.
I want to sell and I am worried this can hold me back if I have to settle the arrears first. I'd like to sell up and then pay them back with the completion monies - is this practicable?
The lawyer undertaking your Cudworth sale will hopefully be able to negotiate with the appropriate parties, with a new to seeing if they would accept payment from completion monies. This is an example of why it might be good to choose a lawyer in Cudworth as they may well enjoy an open line of communication with the management company.