Willusing a Robertsbridge conveyancing solicitor make the legal process smoother?
Existing third party relationships are another important factor to consider when appointing conveyancing solicitors. Robertsbridge law firms benefit from long term relationships with financial advisers and agents, local authorities, surveyors and other conveyancing firms meaning the whole process is going to be much more straightforward for you. Possessing a sound insight into the local area also helps too.
What happens if my lawyer’s firm is suspended from the Skipton Solicitor panel ahead of completing my conveyancing in Robertsbridge?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
I am buying a property and the solicitor has identified Chancel Repair to which the house could be liable because it falls into the area of such a church. She has suggested insurance. Is this really necessary for conveyancing in Robertsbridge
Unless a prior acquisition of the property took place after 12 October 2013 you could take it that conveyancing practitioners delivering conveyancing in Robertsbridge to remain recommending a chancel search and or insurance against a claim.
Me and my brother have a terraced Edwardian property in Robertsbridge. Conveyancing practitioner acted for me and Accord Mortgages Ltd. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold with the matching address. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register for 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 Robertsbridge and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with the conveyancing practitioner who conducted the conveyancing.
I'm buying my first flat in Robertsbridge with a mortgage from Bank of Scotland. The builders refused to move on the price so I negotiated £7000 of fixtures and fittings instead. The sale representative advised me not reveal to my conveyancer about the side-deal as it will jeopardize my loan with the bank. Is this normal?.
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 am looking at a couple of maisonettes in Robertsbridge which have approximately 50 years left on the lease term. Should I regard a short lease as a deal breaker?
A lease is a legal document that entitles you to use the premises for a prescribed time frame. As a lease shortens the value of the lease decreases and it becomes more expensive to extend the lease. For this reason it is advisable to increase the term of the lease. Sometimes it is difficulties arise selling premises with a short lease because mortgage lenders less inclined to grant a loan on properties of this type. Lease enfranchisement can be a protracted process. We advise that you get professional help from a solicitor and surveyor with experience in this arena.
I purchased a 1st floor flat in Robertsbridge, conveyancing having been completed July 2011. Can you work out an approximate cost of a lease extension? Corresponding flats in Robertsbridge with an extended lease are worth £211,000. The ground rent is £50 invoiced every year. The lease comes to an end on 21st October 2089
You have 68 years remaining on your lease we estimate the premium for your lease extension to span between £9,500 and £11,000 as well as professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.