Just contacted my conveyancing lawyer in Silverton who acted for me 18 months ago and wanted a conveyancing estimate based on an identical type of house sale & purchase (a leasehold property and a freehold premises) of almost identical values with a mortgage from Chelsea Building Society. I am now being quoted double. Am I right to be tempted to shop around for an alternative firm of conveyancing solicitor?
The estimate does seem a tad overpriced. If you shop around you could reduce the fees marginally by perhaps a hundred pounds. On the other hand, providing that you were satisfied with the assistance the firm offered you couldcome to regret opting for an an untested conveyancer. If is important to be sure that the conveyancer can act for Chelsea Building Society. Do utilise our search tool to locate a Silverton conveyancing firm on the Chelsea Building Society member panel, which can often include conveyancing solicitors in Silverton.
We hope to to purchase with Darlington Building Society. We have called around locally yet am unable to find a Silverton conveyancing firm on the Darlington Building Society approved list. Could you assist?
Please do make the most of the find a lender approved solicitor tool on this page. Please choose the mortgage company and type Silverton or your preferred area and you will see numerous solicitors located in Silverton or by proximity to you.
A colleague recommended that where I am buying in Silverton I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally included in the estimate for your Silverton conveyancing searches. It is a large document of more than thirty pages, listing and detailing significant information about Silverton around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Silverton Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Silverton Education with maps and statistics, Local Amenities and other useful data about Silverton.
I'm buying my first flat in Silverton with a mortgage from Coventry Building Society. The developers would not move on the amount so I negotiated £7000 of extras instead. The house builders rep advised me not inform my lawyer about the deal as it could jeopardize my loan with Coventry Building Society. Do I keep my lawyer in the dark?.
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.
In my capacity as executor for the estate of my grandmother I am selling a house in Newport but reside in Silverton. My solicitor (based 300 kilometers from merequires that I sign a stat dec ahead of the transaction finalising. Could you suggest a conveyancing lawyer in Silverton who can attest and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will be fine regardless of whether they are Silverton based
I only have 62 years remaining on my lease in Silverton. I now wish to get lease extension but my freeholder is can not be found. What are my options?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. You will be obliged to demonstrate that you have done all that could be expected to track down the landlord. On the whole an enquiry agent may be helpful to conduct investigations and prepare an expert document which can be accepted by the court as proof that the freeholder can not be located. It is advisable to get professional help from a property lawyer in relation to investigating the landlord’s disappearance and the vesting order request to the County Court overseeing Silverton.
I am the registered owner of a studio flat in Silverton, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Silverton with a long lease are worth £265,000. The average or mid-range amount of ground rent is £50 per annum. The lease ends on 21st October 2097
With just 76 years unexpired we estimate the premium for your lease extension to range between £8,600 and £9,800 as well as legals.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.