Our nephew is purchasing a newly built flat in Long Ashton with a home loan from Nationwide. His conveyancer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The document is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Nationwide conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Nationwide conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Do the Building Society Association intend to launch a online directory to list law firms on the Coventry BS conveyancing panel for example in Long Ashton?
We have not been informed any plans on the part of the BSA to promote such a tool.
The deeds to our house can not be found. The conveyancers who did the conveyancing in Long Ashton 5 years ago no longer exist. What do I do?
These day there are copies made of almost everything, and your conveyancer should know precisely where to find all the relevant paperwork so you can buy or dispose of your property without any difficulty. Where copies are not available, your solicitor may be able to arrange cover in the form of insurance or indemnities protecting you against future claims on your property.
Taking into account that I will soon part with £400,000 on a garden flat in Long Ashton I wish to talk to a solicitor about mytransaction before appointing the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you speaking to the solicitor who will be conducting your conveyancing in Long Ashton.There is no ‘factory style conveyancing’ - every client is an important person, not a file number. The solicitors that we put you in touch with believe that the figure you are provided with for your conveyancing in Long Ashton should be the amount on the final invoice that you end up paying.
I’m about to sell my basement apartment in Long Ashton. Conveyancing solicitors are to be appointed soon, but I have just received a half-yearly maintenance charge demand – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should pay the service charge as normal because all rents and maintenance invoices should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment 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. Having a clear account will assist your cause and will leave you no worse off financially.
I purchased a studio flat in Long Ashton, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Similar flats in Long Ashton with a long lease are worth £216,000. The average or mid-range amount of ground rent is £50 yearly. The lease ends on 21st October 2093
With just 68 years left to run we estimate the price of your lease extension to range between £9,500 and £11,000 as well as professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first getting professional advice.
Been searching for a conveyancer for leasehold sale conveyancing in Long Ashton. I'm selling, simple no mortgage to redeem, no hurry, currently vacant. Had a quote from a conveyancer for £900 including VAT which is a tad steep given that its so straightforward. Is it possible to find less expensive fees for conveyancing in Long Ashton?
Given that it’s a sale only, £450 + VAT is likely to be about the cheapest for a Long Ashton solicitor firm.