Do the conveyancing practitioners indexed on your site handle right to buy conveyancing in Purfleet?
We do have numerous conveyancing practitioners who can service right to buy transactions Do get in touch with us in order to obtain a costs calculation.
In what way does my ID and proof of funds have anything to do with my conveyancing in Purfleet? Why is this being asked of me?
It is indeed that case that these requests have nothing to do with conveyancing in Purfleet. However these days you will not be able to proceed with any conveyancing deal without first handing over proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a utility bill. Remember if you are supplying your driving licence as evidence of ID it must be both the paper element as well as the photo card part, one is not acceptable in the absence of the other.
Evidence of your source of monies is required in accordance with the Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancer will need to have this information on record. Your Purfleet conveyancing lawyer will need to see evidence of proof of funds before they are able to accept any money from you into their client account and they may also ask further queries regarding the origin of funds.
I'm purchasing a new build house in Purfleet with a mortgage from Britannia. The sellers would not budge the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep told me not inform my conveyancer about the extras as it would jeopardize my loan with the lender. 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.
Due to the advice of my in-laws I had a survey completed on a house in Purfleet ahead of appointing lawyers. I have been told that there is a flying freehold overhang to the house. My surveyor advised that some banks tend refuse to issue a mortgage on a flying freehold premises.
It varies from the lender to lender. HSBC has different requirements from Birmingham Midshires. Should you wish to call us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Purfleet. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Purfleet to see if the conveyancing will be more expensive.
I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Purfleet conveyancing firm to help?
Most definitely. We are happy to put you in touch with a Purfleet conveyancing firm who can help.
An example of a Lease Extension case for a Purfleet property is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case was in relation to 13 flats. The unexpired lease term was 76 years.
What are the frequently found defects that you witness in leases for Purfleet properties?
There is nothing unique about leasehold conveyancing in Purfleet. All leases are individual and legal mistakes in the legal wording can sometimes mean that certain clauses are missing. The following missing provisions could result in a defective lease:
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Clauses dealing with recovering service charges for expenditure on the building or common parts. Repairing obligations to or maintain elements of the premises
A defective lease can cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Accord Mortgages Ltd, Virgin Money, and Barclays Direct all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to grant the mortgage, forcing the buyer to pull out.
As a tenant I am on the hook for a maintenance fee for my property in Purfleet. Due to redundancy and personal issues I fell into arrears with payments. I negotiated a clearance plan but there remains approximately £2000 currently due.
I now wish to sell and I am concerned this can jeopardize the sale if I have to discharge the arrears now. I'd like to sell up and subsequently discharge the debt from the proceeds - is this practicable?
Your solicitor will hopefully be in a position to negotiate with the appropriate parties, and agree with them whether or not they would accept payment out of the completion monies. Here is an example of why it is sensible to choose a solicitor in Purfleet as they may well enjoy an open line of communication with the management company.