My relative suggested that if I am buying in Longhope I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Longhope conveyancing searches. It is not a small document of about 40 pages, listing and setting out important information about Longhope around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Longhope Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful information regarding Longhope.
Me and my brother own a semi-detached Edwardian house in Longhope. Conveyancing lawyer acted for me and Alliance & Leicester . I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, the second leasehold with the exact same address. Is it worth asking Alliance & Leicester to clarify?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Longhope and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with the conveyancing practitioner who conducted the work.
I'm purchasing a new build house in Longhope with a mortgage from Godiva Mortgages Ltd. The sellers refused to reduce the amount so I negotiated 6k of extras instead. The sale representative told me not to tell my solicitor about this extras as it may impact my mortgage with the bank. Is this normal?.
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.
Is it possible to transfer to a new solicitor as I have to retain a firm on the The Mortgage Works conveyancing list. I hired a family conveyancing solicitor in Longhope five minutes from me but the firm is not accepted by The Mortgage Works
It would be our pleasure to help you find a conveyancing solicitor in Longhope on the The Mortgage Works panel. Please note that the conveyancers that we list do not pay us fee if you instruct them and are regulated by the SRA who regulate all conveyancing solicitors in Longhope. In making use of the find a conveyancing solicitor tool on this page, you can scrutinise charges for conveyancing solicitors in Longhope and beyond.
I need to find a conveyancing solicitor for sale conveyancing in Longhope. I have chance upon a site which seems to have the ideal answer If it is possible to get all the legals done via email that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I today plan to offer on a house that seems to be perfect, at a reasonable price which is making it all the more appealing. I have subsequently been informed that the title is leasehold as opposed to freehold. I would have thought that there are particular concerns purchasing a house with a leasehold title in Longhope. Conveyancing lawyers have are about to be appointed. Will they explain the issues?
The majority of houses in Longhope are freehold and not leasehold. In this scenario it’s worth having a local solicitor who is familiar with the area who can help the conveyancing process. it is apparent that you are purchasing in Longhope so you should seriously consider looking for a Longhope conveyancing practitioner and check that they have experience in advising on leasehold houses. First you will need to check the number of years remaining. As a lessee you will not be entirely free to do whatever you want with the house. The lease comes with conditions for example requiring the landlord’spermission to conduct alterations. It may be necessary to pay a contribution towards the maintenance of the communal areas where the house is located on an estate. Your lawyer will report to you on the legal implications.
Longhope Leasehold Conveyancing - Examples of Questions you should consider Prior to buying
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In the main the cost for major works tend not to be included within maintenance charges, although some managing agents in Longhope obliged tenants to contribute towards a sinking fund and this is used to offset against major repairs or maintenance. Many Longhope leasehold flats will incur a service bill for maintenance of the building levied on behalf of the management company. Where you buy the property you will have to meet this contribution, usually in instalments during the year. This may differ from a couple of hundred pounds to thousands of pounds for buildings with lifts and large communal grounds. In all probability there will be a rentcharge to be met yearly, ordinarily this is not a exorbitant sum, say approximately £50-£100 but you should to check as occasionally it could be many hundreds of pounds. The best form of lease arrangement is a share of the freehold. In this situation the tenants have control and notwithstanding that a managing agent is often employed if it is bigger than a house conversion, the managing agent acts for the leaseholders themselves.