How up to date is your search tool for Alderley Edge and Wilmslow conveyancing solicitors on the UBS conveyancing panel? Do UBS send you an updated list?
Alderley Edge and Wilmslow conveyancing firms themselves provide us confirmation that they are on the UBS conveyancing panel as opposed to being supplied with a list from UBS directly.
I'm purchasing my first flat in Alderley Edge and Wilmslow with a loan from Nottingham Building Society. The sellers refused to move on the price so I negotiated 6k of extras instead. The house builders rep told me not reveal to my lawyer about the side-deal as it may put at risk my mortgage with the 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.
Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what should have been a straight forward, no chain conveyancing. Alderley Edge and Wilmslow is where the house is located. Can you shed any light on this issue?
Flying freeholds in Alderley Edge and Wilmslow are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Alderley Edge and Wilmslow you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Alderley Edge and Wilmslow may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I need to retain a conveyancing solicitor for sale conveyancing in Alderley Edge and Wilmslow. I happened to chance upon a web site which looks to be the ideal solution If it is possible to get all the legals done via web that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Looking forward to complete next month on a ground floor flat in Alderley Edge and Wilmslow. Conveyancing lawyers assured me that they will have a report out to me on Monday. What should I be looking out for?
Your report on title for your leasehold conveyancing in Alderley Edge and Wilmslow should include some of the following:
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Are pets allowed in the flat? What options are available to the landlord where you have contravened the provisions of the lease? Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? if lease provides for a slush fund for major repairs?
I bought a garden flat in Alderley Edge and Wilmslow, conveyancing having been completed in 2003. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Alderley Edge and Wilmslow with over 90 years remaining are worth £201,000. The ground rent is £45 per annum. The lease ends on 21st October 2088
With 64 years left to run we estimate the price of your lease extension to range between £14,300 and £16,400 plus costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs 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 other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.