I was told today by my lender that my Welling lawyer is not on the mortgage company Conveyancing panel. What can I do to check?
Your first step should be to contact your Welling lawyer directly. It is reasonable to expect your lawyer to inform you what has happened. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your lender.
AssumingI was to purchase a straightforward housein Welling mortgage fee and dispense with a survey and no conveyancing searches how much could I expect to have to pay for conveyancing in Welling?
Any savings you would gain would be isolated to the Welling conveyancing searches. A conveyancing practitioner is required to do the vast majority of work - money laundering, correspond with the sellers property lawyer, stamp duty return, register the property etc. You might save a bit for them not having to register a mortgage however it won't be meaningful.
We are buying a property and need a conveyancing solicitor in Welling who is on the Coventry BS approved panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Coventry BS . We don't recommend any particular firms conducting conveyancing in Welling.
A friend advised me that if I am purchasing in Welling I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally included in the estimate for your Welling conveyancing searches. It is a large document of more than thirty pages, listing and setting out important information about Welling around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Welling Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Welling Education with plans and statistics, Local Amenities and other useful information regarding Welling.
I am purchasing a new build house in Welling with the aid of help to buy. The sellers refused to reduce the price so I negotiated 6k of fixtures and fittings instead. The estate agent advised me not to tell my lawyer about the side-deal as it may impact 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've recently bought a leasehold flat in Welling. Am I liable to pay service charges for periods before my ownership?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
After months of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Welling. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We can put you in touch with a Welling conveyancing firm who can help.
An example of a Lease Extension decision for a Welling property is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case related to 1 flat.