We are approaching an exchange on a house in Harwich and my parents have sent the ten percent deposit to my solicitor. I am now advised that as the deposit has not come from me my lawyer needs to disclose this to my mortgage company. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the bank about my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
The solicitor is obliged to check with mortgage company to ensure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only reveal this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
Are the BSA intent on creating a searchable register to list firms on the Coventry BS conveyancing panel for example in Harwich?
We would not expect to be advised of any intention on the part of the BSA to promote such a search facility.
My wife and I purchasing a end of terrace house in Harwich. We would like to convert the garage to an office at the house.Will legal due diligence on the property include investigations to determine if these works were previously refused?
Your conveyancer should review the deeds as conveyancing in Harwich will occasionally identify restrictions in the title deeds which prevent categories of works or require the consent of another owner. Many works require local authority planning permissions and approval in accordance building regulations. Many areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these things with a surveyor prior to committing yourself to a purchase.
We were going to get a DIP from Santander this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Santander recommend any Harwich solicitors on the Santander conveyancing panel, or is it better to go independently?
You will need to appoint Harwich solicitors independently although you'll need to choose one on the Santander conveyancing panel. The solicitor represents both you and Santander through the process.
Intending to buy a flat in Harwich. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Principality conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Harwich property lawyer is on the Principality conveyancing panel.
Are there any apps to help search for a Harwich law firm on the Nottingham Building Society conveyancing panel? I am a keen cyclist and am happy to travel upto 10kilometers to meet the lawyer.
You can use the search on this page. Please choose the mortgage company and your location and you will see a number of Harwich conveyancing lawyers locally. We have listed some Harwich conveyancing firms at the bottom of this page and you can contact them to check whether they are on the Nottingham Building Society panel
Can you provide any top tips for leasehold conveyancing in Harwich from the point of view of speeding up the sale process?
- Much of the delay in leasehold conveyancing in Harwich can be reduced if you appoint lawyers as soon as your agents start advertising the property and ask them to put together the leasehold information which will be required by the purchasers’ representatives. A minority of Harwich leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, it would be prudent to notify your estate agents to make sure that the purchasers put in hand bank and professional references. Any bank reference will need to confirm that the buyers are financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their lawyers. The majority of freeholders or managing agents in Harwich levy fees for providing management packs for a leasehold property. You or your lawyers should discover the fee that they propose to charge. The management information sought as soon as you have a buyer, thus reducing delays. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most frequent reason for delay in leasehold conveyancing in Harwich. If you have carried out any alterations to the residence would they have required Landlord’s permission? In particular have you laid down wooden flooring? Harwich leases often stipulate that internal structural changes or laying down wooden flooring necessitate a licence issued by the Landlord approving such alterations. If you fail to have the consents to hand do not communicate with the landlord without checking with your lawyer in the first instance.
I own a 2 bed flat in Harwich, conveyancing was carried out February 1998. Can you work out an approximate cost of a lease extension? Equivalent flats in Harwich with over 90 years remaining are worth £265,000. The ground rent is £50 yearly. The lease terminates on 21st October 2100
With just 76 years left to run the likely cost is going to range between £8,600 and £9,800 as well as professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use this information 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. Neither should you move forward based on this information before seeking the advice of a professional.