We see that you have a post code search directory identifying firms on the Yorkshire BS conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Southbourne?
We are a listing service only for law firms wishing to communicate if they are on the Yorkshire BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Southbourne.
Our mortgage company has suggested solicitors on their panel based in Southbourne but I would rather use a conveyancing lawyer in Southbourne round the corner to me. Are you able to assist?
The minority of Southbourne conveyancing firms are approved and listed on all lender’s conveyancing panel. Use the above search tool to identify a Southbourne conveyancing firm on the on the mortgage company panel.
We had selected conveyancing lawyers with offices in Southbourne on the Barclays solicitor approved list. They have just invoiced me a separate charge for dealing with the Barclays mortgage. Is this a supplemental conveyancing fee set by Barclays?
Provided it is contained in their Terms and Conditions or Quote then yes your conveyancer can charge a fee for this. This charge is not set by Barclays but by your Southbourne lawyer. Numerous firms on the Barclays panel will charge ’dealing with mortgage’ fee but plenty of firms include it on their overall fee.
I have decided to exercise my right to buy my property in Southbourne off the council. I have a mortgage offer with Aldermore. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Aldermore, you will need to appoint a solicitor on the Aldermore conveyancing panel.
Our offer on a detached house in Southbourne has been agreed to, but there is a chain. The owners have offered on a property, but it’s not yet agreed to, and have viewings of other properties in the pipeline. I have instructed a local conveyancing solicitor in Southbourne. What should be my next step? At what point should I apply for the mortgage with Barclays?
It is usual to have anxieties where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of one thousand pounds, then valuation, Southbourne conveyancing search costs, etc). The first thing to do is ensure that your property lawyer is on the Barclays approved list. Regarding the subsequent steps this very much dictated by the uniqueness of your case, motivation for this property and on the state of the market. During a hot market many buyers will apply for the mortgage with Barclays and pay for the valuation and only if it was satisfactory would they ask their conveyancing practitioner to move forward with searches.
I'm purchasing a new build house in Southbourne with the aid of help to buy. The builders refused to reduce the price so I negotiated £7000 of additionals instead. The sale representative suggested that I not disclose to my conveyancer about the deal as it will jeopardize my loan with the lender. 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.
Estate agents have just been given the go-ahead to market my basement apartment in Southbourne. Conveyancing lawyers have not yet been instructed, however I have recently had a yearly service charge demand – should I leave it to the buyer to sort out?
It best that you discharge the service charge as you normally would as all ground rent and service invoices should be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I am the registered owner of a garden flat in Southbourne, conveyancing was carried out in 1996. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in Southbourne with a long lease are worth £265,000. The average or mid-range amount of ground rent is £50 yearly. The lease runs out on 21st October 2100
With just 76 years left to run the likely cost is going to range between £8,600 and £9,800 plus costs.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more comprehensive due diligence. 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 you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.