Are there restrictive covenants that are commonly picked up during conveyancing in Appleton?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Appleton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm purchasing a new build house in Appleton with a loan from Accord Mortgages Ltd. The builders would not budge the price so I negotiated 6k of fixtures and fittings instead. The estate agent advised me not disclose to my solicitor about the side-deal as it will adversely affect my loan with Accord Mortgages Ltd. Is this normal?.
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'm remortgaging my existing house to a buy to let mortgage with Chelsea Building Society and intend to use the remaining equity towards further house. The area we are interested in is Appleton. Will your lawyers be able to act for both sets of banks and tie in the conveyances?
Do use our search tool on this page to ensure that the solicitors are on the relevant lender panels. Having checked that they are the lawyer will be able to connect the two conveyancing matters but you should talk with you conveyancer and specify your expectations and needs.
I am 14 days into a residential purchase having been recommend to solicitors by the high street agent to perform conveyancing in Appleton. I am am extremely disappointed with the level of service. Can you you assist me in finding new conveyancers?
They would need to be very bad to suggest changing them. Has your loan offer been sent? If so you will need to inform them of the new contact details and get the mortgage documents are re-issued. Your new solicitor ideally needs to be on the banks approved list to avoid escalating costs and delays. So that should be your starting point. Our find a solicitor tool will help you find a lender approved conveyancer for your conveyancing in Appleton
Can you offer any advice when it comes to appointing a Appleton conveyancing firm to carry out our lease extension conveyancing?
When appointing a conveyancer for your lease extension (regardless if they are a Appleton conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of work. We advise that you speak with several firms including non Appleton conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be of use:
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Can they put you in touch with clients in Appleton who can give a testimonial? How many lease extensions have they completed in Appleton in the last 12 months?
I invested in buying a studio flat in Appleton, conveyancing formalities finalised in 2012. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Appleton with over 90 years remaining are worth £181,000. The ground rent is £55 levied per year. The lease expires on 21st October 2074
You have 50 years left to run we estimate the price of your lease extension to range between £32,300 and £37,400 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.