Can you recommend a Bank of Ireland approved Dronfield conveyancing practice finish our home move within a very limited time frame? Am I best advised to choose a high street Dronfield solicitor or a nationwide comparison site?
We would be happy to suggest some excellent Dronfield conveyancing firms. Another option is to visit the high street in Dronfield. Visit two or three firms and request to see a conveyancing solicitor for a fee estimate. Explain your requirements together with your reasons and get an assurance on your deadline. Select the one that genuine.
Do conveyancers ask for money on account for my conveyancing in Dronfield?
Where you are retaining lawyers for conveyancing in Dronfield your solicitor will ask you to provide them with monies to cover the search fees. This will be the total of the cost of the conveyancing searches. When the deposit is as part of the sale price then this will be needed shortly before exchange of contracts. Any further balance that is due should be transferred a couple of days prior to the completion date.
I have 70 years unexpired on my lease and require a lease extension for my flat in Dronfield. Conveyancing solicitors on the Tesco Bank panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 1/5/2025 the requirements read as follows :
Will commercial conveyancing searches reveal planned roadworks that could affect a commercial estate in Dronfield?
Its becoming the norm that commercial conveyancing solicitors in Dronfield will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Dronfield. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Dronfield.
For every commercial conveyancing transaction in Dronfield it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately could result in delays to Dronfield commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not ordered for residential conveyancing in Dronfield.
I am purchasing my first flat in Dronfield with a loan from Bank of Ireland. The sellers refused to move on the price so I negotiated five thousand pounds worth of additionals instead. The sale representative advised me not reveal to my solicitor about this extras as it could adversely affect my mortgage with Bank of Ireland. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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.
My husband and I may need to rent out our Dronfield 1st floor flat temporarily due to a career opportunity. We used a Dronfield conveyancing practice in 2004 but they have closed and we did not have the foresight to get any advice as to whether the lease allows us to sublet. How do we find out?
Your lease dictates relations between the landlord and you the leaseholder; in particular, it will say if subletting is not allowed, or permitted but only subject to certain conditions. The rule is that if the lease contains no specific ban or restriction, subletting is permitted. Most leases in Dronfield do not prevent subletting altogether – such a provision would undoubtedly devalue the property. In most cases there is a basic requirement that the owner notifies the freeholder, possibly sending a copy of the tenancy agreement.
I bought a 1 bedroom flat in Dronfield, conveyancing having been completed October 2011. How much will my lease extension cost? Equivalent properties in Dronfield with an extended lease are worth £181,000. The ground rent is £55 charged once a year. The lease ends on 21st October 2075
With just 50 years left to run the likely cost is going to be between £32,300 and £37,400 plus professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you 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.