My financial adviser has asked me for my Tickhill lawyer’ panel member for the HSBC conveyancing panel. Can you suggest how I discover this. I have called my local Tickhill office but they cant find it on their system.
Have you tried contacting your Tickhill conveyancer about this?. They keep a central record lender panel numbers.
I'm purchasing my first flat in Tickhill with a loan from Skipton Building Society. The sellers refused to reduce the amount so I negotiated five thousand pounds worth of extras instead. The house builders rep advised me not disclose to my lawyer about the side-deal as it may affect my mortgage with Skipton Building Society. Do I keep my lawyer in the dark?.
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 am looking for a leasehold apartment up to £245,000 and identified one near me in Tickhill I like with a park and station nearby, the downside is that it's only got 51 remaining years left on the lease. I can't really find anything else in Tickhill in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a home loan the shortness of the lease will likely be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you could ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.
I have been advised by numerous property agents in Tickhill to find a solicitor using your seach tool. What’s the financial advantage for Estate Agents to promote your services over and above alternative conveyancing organisations?
We refuse to offer any referral fee for pointing buyers and sellers to this site. We thought it would be too underhand to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
I acquired a property in Tickhill last 9/8/2023 and to date it is still not registered with HMLR. It was part of a development site and my lawyer told me that it may take over a year to register. I have contacted HM Land Registry directly and they have informed me the initial application was cancelled due to failure to reply to requisitions. Do I need to be concerned?
It is your conveyancer that you must turn to here in order to satisfy any issues which have been raised as part of the registration process for your Tickhill property. Normal Tickhill conveyancing practice includes an undertaking on the part of the vendor’s conveyancer that they will help resolve any registration raised by HMLR so it may be a case of taking action to enforce that undertaking in some way.