We are planning on selling our property in Keynsham and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any high street Keynsham conveyancer would know that there is no such problem. For the life of me I don't know why the buyers are using a factory type conveyancing outfit as opposed to a conveyancing solicitor in Keynsham. We have lived in Keynsham for three years we know that this is a non issue. Should we get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
Despite weeks of looking the Title Certificate and documents to our home are lost. The solicitors who conducted the conveyancing in Keynsham 5 years ago no longer exist. Will I be able to sell the house?
You no longer need to hold title deeds to prove you own the land or premises, as the Land Registry have everything they need in a digital format.
I am buying my first flat in Keynsham with a loan from Skipton Building Society. The developers refused to move on the price so I negotiated five thousand pounds worth of additionals instead. The property agent told me not to tell my solicitor about the extras as it would impact my loan with Skipton Building Society. 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.
Over the last few months I have been searching for a flat up to £195,000 and identified one near me in Keynsham I like with a park and railway links in the vicinity, however it's only got 51 years unexpired on the lease. There is not much else in Keynsham for this price, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a home loan the shortness of the lease will likely be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
I’m about to sell my 2 bed flat in Keynsham. Conveyancing solicitors are to be appointed soon, but I have recently received a quarterly service charge demand – what should I do?
It best that you pay the maintenance contribution as normal given that all rents and service payments will be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless 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. This will smooth the conveyancing process.
I inherited a basement flat in Keynsham, conveyancing was carried out half a dozen years ago. How much will my lease extension cost? Corresponding flats in Keynsham with a long lease are worth £222,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease runs out on 21st October 2097
With just 71 years remaining on your lease 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 comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first getting professional advice.
Is it true that a Keynsham conveyancing firm got sued by clients for failing to conduct the appropriate conveyancing investigations?
We are not aware of such a Keynsham conveyancing matter but according to a recent report, a couple acquiring a property elsewhere in England successfully won a claim against their solicitor as a consequence of development permission to construct a wind farm failing to be identified in conveyancing searches.
If you are purchasing in Keynsham It is important that your lawyer purchase all Keynsham conveyancing searches required to ensure you have relevant and current information ahead of buying a home in Keynsham.