We are planning to acquire a flat and need a conveyancing solicitor in Shoeburyness who is on the Co-operative conveyancing panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Co-operative . We don't recommend any particular firms conducting conveyancing in Shoeburyness.
It has been four months following my purchase conveyancing in Shoeburyness completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £180,000. 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 property 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 my first flat in Shoeburyness with the aid of help to buy. The sellers would not budge the price so I negotiated £7000 of fixtures and fittings instead. The property agent advised me not reveal to my conveyancer about the deal as it could affect 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 flat up to £235,500 and identified one near me in Shoeburyness I like with a park and station nearby, however it only has 61 years unexpired on the lease. There is not much else in Shoeburyness suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a mortgage the remaining unexpired lease term will be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
My father has suggested that I appoint his lawyers for conveyancing in Shoeburyness. Do I take his recommendation?
Much as we are happy to recommend a Shoeburyness conveyancing lawyer the ideal way to select a conveyancing lawyer is to seek guidance from friends or relatives who have previously instructed the solicitor that you are considering.
I’m about to sell my garden apartment in Shoeburyness. Conveyancing has not commenced, but I have recently had a half-yearly maintenance charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should clear the invoice as usual given that all ground rent and maintenance payments will be apportioned on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I inherited a split level flat in Shoeburyness, conveyancing having been completed in 1999. Can you work out an approximate cost of a lease extension? Similar properties in Shoeburyness with an extended lease are worth £170,000. The average or mid-range amount of ground rent is £50 levied per year. The lease runs out on 21st October 2103
You have 78 years left to run we estimate the premium for your lease extension to range between £7,600 and £8,800 as well as legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.