My relative suggested that where I am purchasing in Littleport I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes quoted for as part of the standard Littleport conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Littleport around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful information regarding Littleport.
I have justfound out that Arc property Solicitors have been shut down. They carried out my conveyancing in Littleport for a purchase of a freehold house 12 months ago. How can I be sure that the property is not still registered in the name of the former proprietor?
The easiest way to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Littleport conveyancing specialists.
I'm purchasing a new build house in Littleport with the aid of help to buy. The sellers would not move on the price so I negotiated 6k of additionals instead. The sale representative advised me not disclose to my lawyer about this extras as it would jeopardize my mortgage with the lender. Do I keep my lawyer in the dark?.
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 decided to have a survey completed on a house in Littleport in advance of retaining conveyancers. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some banks tend refuse to grant a mortgage on this type of premises.
It depends who your proposed lender is. Santander has different instructions for example to Nationwide. If you e-mail us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Littleport. Conveyancing may be slightly more expensive based on your lender's requirements.
As co-executor for the estate of my aunt I am selling a property in Newport but live in Littleport. My solicitor (who is 250 kilometers from merequires that I execute a statutory declaration prior to completion. Can you recommend a conveyancing practitioner in Littleport to attest and place their company stamp on the document?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are Littleport based
I am on look out for some leasehold conveyancing in Littleport. Before I set the wheels in motion I want to be sure as to the number of years remaining on the lease.
If the lease is registered - and most are in Littleport - then the leasehold title will always include the short particulars 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 purchased a split level flat in Littleport, conveyancing formalities finalised November 2012. Can you work out an approximate cost of a lease extension? Comparable properties in Littleport with a long lease are worth £191,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease runs out on 21st October 2078
You have 54 years unexpired we estimate the premium for your lease extension to be between £31,400 and £36,200 plus costs.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.