Do the conveyancing solicitors highlighted via your search tool handle right to buy conveyancing in Cricklade?
We work with a variety of conveyancing firms carrying out right to buy conveyancing matters You should get in touch with the lawyers listed with a view to get a costs calculation.
Forgive me if this question is silly but I am unexperienced as a first time buyer of a garden flat in Cricklade. Do I collect the keys to the house on the completion date from my solicitor? If this is the case, I will use a High Street conveyancing solicitor in Cricklade?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the seller's conveyancers, and shortly after the monies have arrived, you will be able to pick up the keys from the selling Agents and move into your new home. Usually this occurs between 1 and 3pm.
I have paid off my mortgage with RBS. I assume I don't need a Cricklade solicitor on the RBS panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your RBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the RBS mortgage from the register. RBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where RBS has sent the Land Registry the discharge electronically, and
- RBS has instructed the Land Registry to do so
After shopping around on the internet I have found a Cricklade lawyer having made sure that they are on the UBS conveyancing panel. Does my lawyer arrange the survey of the property?
UBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually UBS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your property lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Cricklade postcode. As you are getting a mortgage with UBS, you could contact them to see if they have a list of approved surveyors in Cricklade.
I'm purchasing my first flat in Cricklade with the aid of help to buy. The sellers would not reduce the price so I negotiated five thousand pounds worth of additionals instead. The sale representative advised me not inform my solicitor about this side-deal as it could impact my mortgage with HSBC Bank. Should I keep quiet?.
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.
I have been on the look out for a ground for flat up to £245,000 and identified one near me in Cricklade I like with amenity areas and station nearby, the downside is that it only has 61 years on the lease. There is not much else in Cricklade for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a home loan the shortness of the lease will likely be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of twenty four months you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
I am buying a house and cash is in place. My conveyancer has been supplied with with 2 separate proof of photo identification, bank statement, endless utility bills. Now he needs a copy from a probate lawyer acknowledging that the funds are legitimate and that it has come from inheritance and not via illegitimate means.
In today’s world you will not be able to complete any Cricklade conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Proof of your source of funds is required under Money Laundering laws.