It is 10 years ago since I bought my home in Gorleston. Conveyancing lawyers have just been instructed on the sale but I can't locate my deeds. Will this cause complications?
You need not be too concerned. First there is a chance that the deeds will be kept by the mortgage company or they may be in the possession of the solicitor who acted in the purchase. Secondly the chances are that the property will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors procuring current official copies of the land registers. Almost all conveyancing in Gorleston relates to registered property but in the rare situation where your property is not registered it adds to the complexity but is resolvable.
We wanted to use a property lawyer in Gorleston for our house purchase. Our broker has since notified us that our mortgage lenders TSB won't deal with them. Surely this is unfair competition?
A mortgage company can insist on a panel conveyancer act for it. You would be expected to bear the charges for this. Please make use of our tool to locate a solicitor to conduct conveyancing in Gorleston on the TSB member panel.
The deeds to our home are lost. The conveyancers who dealt with the conveyancing in Gorleston 5 years ago have long since closed. Will I be able to sell the house?
As long as the title is registered the details of your proprietorship will be held by the Land Registry under a Title Number. It is possible to perform a search at the Land Registry, identify your property and get current copies of the property title for less than a fiver. If the property is Leasehold then the Land Registry will in most cases hold a certified duplicate of the Registered Lease and again, a copy can be retrieved for a small fee.
I'm buying a new build house in Gorleston with a mortgage from Britannia. The developers refused to budge the price so I negotiated 6k of fixtures and fittings instead. The house builders rep advised me not to tell my solicitor about this side-deal as it may jeopardize my loan with the lender. 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.
Completion is due on our sale of a £225,000 garden flat in Gorleston in 5 days. The landlords agents has quoted £396 for Landlord’s certificate, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Gorleston?
Gorleston conveyancing on leasehold flats normally results in administration charges levied by freeholders :
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Completing pre-contract questions
Where consent is required before sale in Gorleston
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I bought a split level flat in Gorleston, conveyancing having been completed February 2012. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Gorleston with an extended lease are worth £222,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease expires on 21st October 2095
With only 71 years left to run the likely cost is going to range between £9,500 and £11,000 plus professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.
Are you able recommend a good property lawyer to do the acquisition of a maisonette in Gorleston. With any luck we will secure the flat for £165000 with a mortgage from HSBC. We live in Gorleston but dont require the solicitors to be based in Gorleston.
LenderPanel.com is limited to being a directory service for solicitors who want to be listed as being on the approved conveyancing panel for HSBC in certain areas such as Gorleston . Our intention is not to recommend any specific lawyer.