I am planning to move house in May. Will my conveyancing solicitor communicate with the removal company on the completion day. On a separate note, can you recommend a removal company in Lickey End. Conveyancing solicitor was found before I stumbled across your page.
On the afternoon of completion you will need to pick up the house keys from your property agent but this should only occur once the sellers conveyancers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be handed over. After that you should tell the removal company that they can start moving you in. We do not suggest a particular removal organisation but can help you choose a conveyancing in Lickey End or a firm that specialises in conveyancing in Lickey End.
Last month we had a mortgage agreed in principle with Nottingham. Lickey End conveyancing solicitors are appointed. What is the average time that one could expect to receive a mortgage offer from Nottingham?
Some lenders take longer than others. Have Nottingham completed the valuation? Have you informed Nottingham as to your lawyers' details and checked that your lawyers are on the Nottingham conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I can not fathom if my mortgage offer requires a lease extension. I have telephoned my Lickey End building society branch on various occasions and was told they are content with the situation and they will lend. My Lickey End conveyancing solicitor - who is on the lender conveyancing panel- telephoned and was told they would not lend based on their published requirements. I have no idea who is right.
Provided that the property lawyer is on the bank panel, they must adhere to the CML Handbook requirements for the bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I'm buying a new build house in Lickey End with the aid of help to buy. The developers would not budge the price so I negotiated 6k of fixtures and fittings instead. The property agent suggested that I not disclose to my solicitor about this side-deal as it will jeopardize my mortgage 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.
I am looking for a leasehold apartment up to £235,500 and found one close by in Lickey End I like with open areas and railway links nearby, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in Lickey End in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
If you require a mortgage the shortness of the lease will be problematic. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
My company is planning to take over a lease of a shop on the high street. Can you recommend solicitors offering fixed charges for commercial conveyancing in Lickey End for less than £1,200?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Lickey End, including the sale and acquisition of businesses as well as simply premises. If you are hoping to acquire or lease a shop, pub, restaurant, office, retail premises or a complete business we will find you the right solicitor. As for the costs this will depend on the structure and complexity of the proposed transaction. Let us have your contact information or phone so as to enable us to furnish you with a fixed commercial conveyancing calculation.
Last October I purchased a leasehold house in Lickey End. Am I liable to pay service charges relating to a period prior to completion of my purchase?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Lickey End Leasehold Conveyancing - A selection of Questions you should ask Prior to Purchasing
-
It would be sensible to find out as much as you can regarding the company managing the block as they can either make your life much simpler or much more difficult. Being a leasehold owner you will be in the clutches of the managing agents from a financial perspective and when it comes to practical issues such as the upkeep of the communal areas. You should not be afraid to ask other people if they are happy with their management. On a final note, investigate as to the dates that the service fees are due to the relevant party and specifically what you get for your money. Be sure to find out if the the lease contains any adverse restrictions in the lease. By way of example it is reasonably common in Lickey End leases that pets are not allowed in in a block in Lickey End. If you like the apartmentin Lickey End however your dog is not allowed to live with you then you will be faced hard determination. This information is helpful as a) areas could result in problems for the building as the communal areas may begin to deteriorate if maintenance are not paid for b) if the leasehold owners have a dispute with the running of the building you will want to have full disclosure
Can a conveyancer remove someone from the title of my home in Lickey End ?
Extracting or adding someone to the title of your property is relatively straightforward. You’ll need to appoint a conveyancer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a property lawyer