We are looking to buy a house and need a conveyancing solicitor in Yaxley who is on the Aldermore approved panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Yaxley.
Our mortgage company has suggested solicitors on their panel based in Yaxley but I would rather instruct a conveyancing lawyer in Yaxley or nearer to where I live. Can you help?
The minority of Yaxley conveyancing practitioners are approved and listed on all lender’s conveyancing panel. Please make the most of the above find an approved solicitor tool to find a Yaxley conveyancing solicitor on the on the mortgage company panel.
I am buying my first flat in Yaxley with a mortgage from Bank of Scotland. The developers would not reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent suggested that I not disclose to my conveyancer about the side-deal as it would jeopardize my loan with Bank of Scotland. 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.
Due to the advice of my in-laws I had a survey completed on a property in Yaxley prior to appointing lawyers. I have been advised that there is a flying freehold overhang to the property. Our surveyor has said that some mortgage companies will not give a mortgage on such a house.
It depends who your proposed lender is. HSBC has different requirements for example to Nationwide. If you e-mail us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Yaxley. Conveyancing will be smoother if you use a solicitor in Yaxley especially if they are accustomed to such properties in Yaxley.
I am looking for a conveyancing practitioner in Yaxley for my purchase. Is there any facility to check a solicitor's record with the legal regulator?
Members of the public may review documented Solicitor Regulator Association (SRA) determinations stemming from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find records Pre 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The regulator may monitor telephone calls for training purposes.
Back In 2006, I bought a leasehold flat in Yaxley. Conveyancing and Accord Mortgages Ltd mortgage organised. A letter has just been received from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1998. The conveyancing solicitor in Yaxley who previously acted has long since retired. What should I do?
First make enquiries of HMLR to be sure that this person is in fact the new freeholder. You do not need to instruct a Yaxley conveyancing lawyer to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I own a leasehold flat in Yaxley, 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? Equivalent properties in Yaxley with a long lease are worth £202,000. The ground rent is £55 yearly. The lease comes to an end on 21st October 2076
With only 56 years unexpired we estimate the premium for your lease extension to be between £29,500 and £34,000 plus legals.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed investigations. You should not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first seeking the advice of a professional.