The mortgage agreement from NatWest for the refinancing of my 3 room garden flat is to be issued imminently. Are you able to suggest a low cost conveyancing lawyer in Stoke Gifford?
You are on the wrong site if you are seeking the cheapest conveyancing in Stoke Gifford. Our aim is to provide excellent value conveyancing but our intention is not to work with the cheapest lawyers. Do not be swayed by companies offering the bait of low cost conveyancing in Stoke Gifford. Optimistically, in being led by cheap conveyancing, you will earn what you pay for and at worst it will result in you invoiced for additional fees and still not get the service expected.
Would the conveyancing practitioners listed on your site handle auction conveyancing in Stoke Gifford?
We know of a few auction practitioners we can connect you with those specialising in auction conveyancing. Stoke Gifford is just one of the many locations where our lawyers cover.
I am buying my first flat in Stoke Gifford with a loan from Coventry Building Society. The developers refused to budge the amount so I negotiated 6k of extras instead. The sale representative advised me not reveal to my conveyancer about the extras as it could 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.
As co-executor for the estate of my grandfather I am disposing of a residence in Cardiff but I am based in Stoke Gifford. My lawyer (who is 260 kilometers from mehas requested that I execute a stat dec prior to completion. Can you recommend a conveyancing solicitor in Stoke Gifford to attest and place their company stamp on the document?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are Stoke Gifford based
I work for a reputable estate agency in Stoke Gifford where we have witnessed a few leasehold sales derailed due to leases having less than 80 years remaining. I have received inconsistent advice from local Stoke Gifford conveyancing solicitors. Could you clarify whether the owner of a flat can instigate the lease extension process for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the disposal of the property.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I am the registered owner of a 1st floor flat in Stoke Gifford, conveyancing having been completed in 2010. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Stoke Gifford with over 90 years remaining are worth £201,000. The ground rent is £45 levied per year. The lease expires on 21st October 2089
With just 64 years remaining on your lease the likely cost is going to range between £14,300 and £16,400 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.
Are you able to set out the scope of conveyancing provided by Stoke Gifford conveyancing companies?
Generally most Stoke Gifford conveyancing practices manage to handle various assistance to home and land owners, vendors, investors, freeholders and leaseholders assistingwith some of the following:
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Domestic sale conveyancing in Stoke Gifford and nationally
Property purchase conveyancing in Stoke Gifford and beyond
Complex land law issues Helping tenants collectively buy their freehold (Collective Enfranchisement) including setting up the necessary companies Matrimonial conveyancing throughout England and Wales Boundary Disputes