Recently been in touch with my conveyancing solicitor in Southend who acted for me 18 months ago requesting a conveyancing costs illustration based on an identical type of home move (a leasehold residence and a freehold property) of almost identical values with a home loan from Accord Mortgages Ltd. It looks as though am now being quoted double. Should I look for an alternative conveyancer?
The estimate fees are a bit high. Where you are content to spend time comparing prices you could trim some of the expense by say £100 plus VAT. On the other hand, if you were content with the legal work the firm gave you couldcome to regret choosing an an untested conveyancer. Remember to be sure that the conveyancer can act for Accord Mortgages Ltd. You can use our search tool to get a quote a Southend conveyancing firm on the Accord Mortgages Ltd approved list of lawyers, which can often include conveyancing solicitors in Southend.
I am purchasing a new build house in Southend benefiting from help to buy. The developers refused to reduce the amount so I negotiated £7000 of extras instead. The sale representative advised me not disclose to my solicitor about this extras as it may adversely affect my loan with the lender. 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.
I have been on the look out for a leasehold apartment up to £305k and identified one round the corner in Southend I like with a park and railway links nearby, however it's only got 49 years on the lease. There is not much else in Southend suitable, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a mortgage the shortness of the lease will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
I was recommended by a number of selling agents in Southend to get a quote from a conveyancer using your seach tool. Is there a financial upside for Estate Agents to market your site over and above alternative conveyancing organisations?
We refuse to make any referral fee for pointing buyers and sellers to this site. We found it would be just too difficult a fee as members of the public would think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
We expect to complete the sale of our £225,000 garden flat in Southend next Monday. The landlords agents has quoted £408 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Southend?
Southend conveyancing on leasehold maisonettes ordinarily necessitates fees being invoiced by landlords agents :
Addressing pre-exchange questions
Where consent is required before sale in Southend
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I am the registered owner of a ground flat in Southend. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the sum payable for a lease extension?
Where there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to arrive at the price payable.
An example of a Freehold Enfranchisement matter before the tribunal for a Southend property is 75 Woolstone Road in February 2012. the decision of the Tribunal was that the appropriate amount to be paid to purchase the freehold was the sum of £17,711 . This case related to 2 flats. The unexpired residue of the current lease was 68.28 and 158.
I am searching for Southend competitive conveyancing fees. Can I be assured that all the Southend firms that are identified on your website are on the lender conveyancing panel?
The solicitor and licensed conveyancing practices on our directory have assured us via an online form that they are on the mortgage company panel and agreed to advise us to take down their listing in the event of removal off of the mortgage company panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific Southend firm being on the bank conveyancing panel is not accurate.