My grandson is purchasing a new build apartment in Culcheth with a home loan from Skipton. His conveyancer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Skipton conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Skipton conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I have justdiscovered that Wolstenholmes have been shut down. They carried out my conveyancing in Culcheth for a purchase of a freehold house 10 months ago. How can I check that the property is not still registered in the name of the former proprietor?
The easiest method to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Culcheth conveyancing specialists.
I opted to have a survey done on a house in Culcheth ahead of retaining lawyers. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some lenders tend not grant a mortgage on such a property.
It varies from the lender to lender. Santander has different requirements for example to Birmingham Midshires. Should you wish to call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Culcheth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Culcheth to see if the conveyancing costs will increase in light of this.
My husband and I are FTB’s - had an offer accepted, yet the agent advised that the vendor will only go ahead if we appoint the agent's chosen conveyancers as they want an ‘expedited deal’. My instinct tells me that we should use a high street solicitor with experience of conveyancing in Culcheth
It is improbable the sellers are behind this. If they want ‘a quick sale', alienating a serious purchaser is counter productive. Bypass the agents and go straight to the sellers and explain that (a)you are keen to buy (b)you are ready to progress, with finances in place © you are chain free (d) you wish to move quickly (e)however you will continue to appoint your preferred Culcheth conveyancing solicitors - as opposed tothe ones that will provide their estate agent a kickback or achieve conveyancing targets pre-set by corporate headquarters.
Having checked my lease I have discovered that there are only 72 years unexpired on my lease in Culcheth. I need to extend my lease but my landlord is missing. What are my options?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. You will be obliged to demonstrate that you have done all that could be expected to track down the landlord. For most situations an enquiry agent should be useful to carry out a search and to produce an expert document which can be accepted by the court as evidence that the landlord can not be located. It is advisable to get professional help from a conveyancer both on proving the landlord’s disappearance and the vesting order request to the County Court covering Culcheth.
I inherited a split level flat in Culcheth, conveyancing having been completed half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Culcheth with over 90 years remaining are worth £222,000. The average or mid-range amount of ground rent is £50 yearly. The lease finishes on 21st October 2095
With 71 years remaining on your lease we estimate the premium for your lease extension to span between £9,500 and £11,000 plus professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before seeking the advice of a professional.