If you had a top tip for choosing a conveyancing solicitor in Saltdean what would it be?
Do not opt for the lowest Saltdean conveyancing costs illustration. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
I had a mortgage agreed in principle with HSBC. Saltdean conveyancing practitioners were appointed. How long does it take for HSBC to issue the offer to the property lawyer?
Some lenders take longer than others. Have HSBC conducted the valuation? Have you advised HSBC as to your lawyers' details and checked that your lawyers are on the HSBC conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Our offer on a house in Saltdean has been accepted, but there is a chain. The vendors have offered on on an apartment, but it’s not yet tied up, and are looking at other flats booked. I have chosen a high street conveyancing solicitor in Saltdean. What do I do now? When do I get the mortgage application with Nationwide going?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of one thousand pounds, then survey, Saltdean conveyancing search fees, etc). The first course of action is to ensure that your property lawyer is on the Nationwide conveyancing panel. Concerning the next phase this very much dictated by the specifics of your transaction, attraction to the property and on the state of the market. During a buoyant market some home buyers would apply for the mortgage with Nationwide and pay for the valuation and only if it comes back ok would they request their property lawyer to press on with searches.
My partner and I are selling our home in Saltdean and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. Any local lawyer would know that there is no such problem. It does beg the question why the buyers instructed a national conveyancing firm as opposed to a conveyancing solicitor in Saltdean. Having lived in Saltdean for 4 years we know that this is a non issue. Is it a good idea to contact our local Authority to obtain clarification that there is no issue.
It sounds as though you may have a conveyancing solicitor already. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
It has been four months following my purchase conveyancing in Saltdean completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm purchasing a new build house in Saltdean with the aid of help to buy. The builders would not move on the price so I negotiated 6k of fixtures and fittings instead. The sale representative told me not reveal to my solicitor about the side-deal as it would impact my loan with the lender. 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.
Over the last few months I have been searching for a ground for flat up to £235,500 and found one close by in Saltdean I like with a park and railway links in the vicinity, however it's only got 52 years unexpired on the lease. There is not much else in Saltdean suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a home loan the shortness of the lease may be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
My company is hoping to take an assignment of a lease of a shop on a shopping parade. Can you recommend lawyers offering fixed fees for non-domestic conveyancing in Saltdean for under £1,200?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Saltdean, including the disposal and purchase of businesses as well as simply property. Whether you are hoping to acquire or sell a shop, pub, restaurant, office, retail unit or a whole business we can put you in touch with the right lawyer. Regarding the fees these will vary based on the structure and terms of the proposed transaction. Let us have your contact information or phone us so that we can furnish you with a detailed commercial conveyancing calculation.