Can you suggest a Platform Home Loans Ltd sanctioned Southend conveyancing conveyancer finish our house move within two weeks? Am I best advised to go for a local Southend conveyancer or a nationwide comparison site?
We would be happy to suggest some excellent Southend conveyancing firms. You can also walk up the high street in Southend. Visit two or three law practices and ask to speak with a conveyancing solicitor for a costs illustration. Explain your deadline together with your reasons and get an assurance on your deadline. Select the lawyer that you trust.
I'm purchasing my first flat in Southend with a mortgage from Barnsley Building Society. The sellers refused to reduce the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep advised me not inform my lawyer about this side-deal as it would adversely affect my loan with the lender. 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 am looking for a flat up to £245,000 and identified one near me in Southend I like with amenity areas and railway links in the vicinity, however it's only got 52 years on the lease. There is not much else in Southend suitable, so just wondered if I would be making a mistake buying a short lease?
If you need a mortgage the shortness of the lease will be problematic. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of twenty four months you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
Am I best advised to go with a Southend conveyancing practitioner who is local to the property I am buying? An old friend can conduct the legal formalities but they are based approximately 350miles away.
The primary upside of using a local Southend conveyancing firm is that you can attend the office to execute paperwork, deliver your identification documents and pester them where appropriate. Having local Southend know how is a bonus. That being said nothing is more important than finding someone that will do a good and efficient job. If if people you trust instructed your friend and they were happy that should outweigh using an unknown Southend conveyancing solicitor just because they are local.
Finally our conveyancing in Southend is completing this Friday, yet the couple I am purchasing off wants to vacate on the Saturday afternoon. Do I agree to this?
If you are having a mortgage then your lawyer will demand that the premises arevacant on Friday - the bank will demand it.