It has come to my attention via my mortgage broker that my Westcliff On Sea solicitor is not on the lender Solicitor panel. How can I be sure if this is correct?
The first thing you need to do is to contact your Westcliff On Sea lawyer directly. It is reasonable to expect your lawyer to notify you of the situation. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
I am purchasing a flat and require a conveyancing solicitor in Westcliff On Sea who is on the Platform Home Loans Ltd conveyancing. 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 listed as being on the approved conveyancing panel for Platform Home Loans Ltd in certain locations such as Westcliff On Sea. We dont recommend any particular firm.
four months have elapsed since my purchase conveyancing in Westcliff On Sea concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £215,000. 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 asset 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 am purchasing my first flat in Westcliff On Sea with a mortgage from National Westminster Bank. The sellers would not move on the amount so I negotiated £7000 of fixtures and fittings instead. The property agent told me not disclose to my solicitor about this deal as it will jeopardize my loan with National Westminster Bank. 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.
My father-in-law has suggested that I appoint his lawyers for conveyancing in Westcliff On Sea. Do I take his advice?
There are no two ways about it the best way to select a conveyancing lawyer is to seek feedback from friends or relatives who have previously instructed the solicitor that you are considering.
Back In 2001, I bought a leasehold house in Westcliff On Sea. Conveyancing and Santander mortgage went though with no issue. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1992. The conveyancing practitioner in Westcliff On Sea who acted for me is not around. Do I pay?
The first thing you should do is make enquiries of HMLR to be sure that this person is indeed the new freeholder. It is not necessary to instruct a Westcliff On Sea conveyancing practitioner to do this as you can do this on the Land Registry website for £3. You should note that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I bought a basement flat in Westcliff On Sea, conveyancing having been completed half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Westcliff On Sea with an extended lease are worth £201,000. The ground rent is £45 invoiced every year. The lease runs out on 21st October 2088
With only 64 years unexpired we estimate the price of your lease extension to span between £14,300 and £16,400 plus legals.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure in the absence of detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.