My best friend’s sister is a conveyancer. I anticipate that I'll be able to get preferential pricing for conveyancing, but if not, what kind of costs would I typically be looking at for conveyancing in Grays?
It’s prudent to get 3 or more like-for-like conveyancing quotes. Do use our search tool on this page. The amounts may be different but the service one can expect are distinct between conveyancers as is the case with most professions.
My partner and I are purchasing a newly constructed flat in Grays and my solicitor is telling me that she has to the bank to disclose incentives from the builder. I am nearing the developer’s deadline to exchange contracts and I don't want to prolong deal. Is my lawyer right?
You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
When does exchange of contracts take place for purchase conveyancing in Grays and am I required to be at the solicitors office?
Where you are in close proximity to one of the conveyancing solicitors in Grays you are welcome to attend to sign contracts. That being said, the lender approved solicitors we work with offer a countrywide conveyancing service and give as equally diligent and professional a job for you when dealing with you by post or email. The executing of the contract is not the point of no return. A signed contract simply enables the conveyancer to exchange contracts when the time is right, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Grays)to be in the office at the appropriate time.
I need some expedited conveyancing in Grays as I am under an ultimatum to exchange contracts within 4 weeks. Thankfully I do not require a mortgage. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are are a cash buyer you have the choice not to have searches carried out although no conveyancer would recommend that you don't. Drawing on years of experience of conveyancing in Grays the following are instances of issues that can appear and therefore impact the marketability of the property: Refused Planning Applications, Overdue Charges, Outstanding Grants, Railway Schemes,...
I'm buying a new build house in Grays with the aid of help to buy. The developers refused to reduce the amount so I negotiated 6k of extras instead. The property agent told me not to tell my lawyer about this extras as it may adversely 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 have just appointed agents to market my basement apartment in Grays. Conveyancing lawyers have not yet been instructed, however I have recently received a half-yearly service charge demand – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should discharge the invoice as you normally would given that all ground rent and maintenance invoices should be allotted 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 until 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. Having a clear account will assist your cause and will leave you no worse off financially.
Despite our best endeavours, we have been unsuccessful in trying to purchase the freehold in Grays. Can the Leasehold Valuation Tribunal adjudicate on premiums?
if there is a missing freeholder or if there is dispute about the premium for a lease extension, under the relevant statutes you can apply to the LVT to judgment on the sum to be paid.
An example of a Lease Extension case for a Grays residence is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case related to 13 flats. The unexpired lease term was 76 years.