Would the conveyancing solicitors listed on your site carry out conveyancing in Ebbw Vale by way of an attended exchange?
We do have a number of conveyancing experts who can conduct one day exchanges. You should call us to obtain a conveyancing quote and details as to availability.
My uncle passed away 10 months ago and as sole heir and executor I was left the house in Ebbw Vale. The house had a relatively small loan left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Kent Reliance, pay off the mortgage. Is this allowed?
If you intend to re-mortgage then Kent Reliance will insist on your using a conveyancer on the Kent Reliance conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Kent Reliance conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Kent Reliance mortgage is registered as a charge at the Land Registry.
I am purchasing my first flat in Ebbw Vale with a mortgage from Clydesdale. The developers would not budge the amount so I negotiated 6k of fixtures and fittings instead. The property agent suggested that I not reveal to my solicitor about this deal as it may affect my loan with Clydesdale. 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 am looking for a leasehold apartment up to £235,500 and found one close by in Ebbw Vale I like with amenity areas and station nearby, the downside is that it's only got 61 remaining years left on the lease. There is not much else in Ebbw Vale for this price, so just wondered if I would be making a mistake acquiring a short lease?
If you require a home loan that many years will likely be problematic. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
In searching the world wide web for the phrase conveyancing in Ebbw Vale it reveals numerous property lawyersin the vicinity. With so much choice what is the best way to find the suitable property lawyer for my move?
The ideal way of seeking the right conveyancer is through a personal referral, so seek the opinion of friends and those you trust who have bought a property in Ebbw Vale or the reputable estate agent or financial adviser. Charges for conveyancing in Ebbw Vale differ, so it's sensible to request a minimum of four fee estimates from varying types of conveyancers. Make sure that you know what costs in the quote includes.
Having had my offer accepted I require leasehold conveyancing in Ebbw Vale. Before diving in I would like to find out the number of years remaining on the lease.
If the lease is recorded at the land registry - and most are in Ebbw Vale - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I invested in buying a 2 bed flat in Ebbw Vale, conveyancing formalities finalised October 2005. How much will my lease extension cost? Equivalent properties in Ebbw Vale with over 90 years remaining are worth £175,000. The ground rent is £65 invoiced annually. The lease ceases on 21st October 2080
You have 58 years remaining on your lease we estimate the price of your lease extension to span between £23,800 and £27,400 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.