I am looking to buy a house and require a conveyancing solicitor in Preston Park who is on the The Mortgage Works approved. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for The Mortgage Works in certain locations such as Preston Park. We dont recommend any particular firm.
I am buying a new build house in Preston Park with the aid of help to buy. The sellers refused to budge the amount so I negotiated 6k of extras instead. The property agent advised me not inform my conveyancer about the extras as it would put at risk 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.
I am looking for a leasehold apartment up to £195,000 and identified one round the corner in Preston Park I like with open areas and transport links nearby, the downside is that it's only got 51 years on the lease. There is not much else in Preston Park in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a home loan the remaining unexpired lease term will likely be problematic. Reduce the offer by the anticipated 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 can ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.
My business partner and I are intending to take an assignment of a lease of a shop on a shopping parade. Can you recommend solicitors offering fixed charges for commercial conveyancing in Preston Park for under £2000?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Preston Park, including the sale and acquisition of businesses as well as simply premises. Whether you are hoping to acquire or sell a shop, pub, restaurant, office, retail premises or a whole business we can find you the right firm. As for the costs this will depend on the structure and heads of terms of the proposed transaction. Please provide us with your details or email so as to enable us to provide you with a fixed commercial conveyancing calculation.
I have been sourcing a conveyancing practitioner in Preston Park for my home move. Can I see a firm’s complaints history with the legal regulator?
One may search for published Solicitor Regulator Association (SRA) determinations resulting from inquisitions started on or after Jan 2008. Go to Check a solicitor's record. To find details Pre 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, dial +44 (0)121 329 6800. The regulator sometimes recorded telephone calls for training purposes.
I acquired a property in Preston Park last 4/8/2020 and to date it is still not registered with HM Land Registry. It is part of a new estate and my solicitor told me that it can take one year to complete the registration formalities. I have called HM Land Registry directly and they say that the initial application was cancelled due to failure to reply to requisitions. Should I be concerned?
It is your conveyancer that you should turn to here in order to satisfy any questions which have been raised as part of the registration formalities for your Preston Park property. Normal Preston Park conveyancing practice includes an undertaking on the part of the vendor’s solicitor that they will help resolve any registration raised by HMLR so it may be a case of seeking to enforce that undertaking if necessary.