How up to date is your search tool for Cleobury Mortimer conveyancing solicitors on the TSB conveyancing panel? Do TSB send you an updated list?
Cleobury Mortimer conveyancing firms themselves provide us confirmation that they are on the TSB conveyancing panel as opposed to being supplied with a list from TSB directly.
My stepmother informed me that in buying a property in Cleobury Mortimer there could be a number of restrictions limiting what one can do in terms of external alterations to a property. Is this right?
There are anumerous of properties in Cleobury Mortimer which have some sort of restriction or requirement of consent to external variations. Part of the conveyancing in Cleobury Mortimer should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We have a mortgage agreed in principle with Nationwide. Cleobury Mortimer conveyancing solicitors have been selected. What is the average time that one could expect to receive a mortgage offer from Nationwide?
Some lenders take longer than others. Have Nationwide conducted the survey? Have you informed Nationwide as to your lawyers' details and checked that your lawyers are on the Nationwide conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
The mortgage over my property is with Clydesdale for my property in Cleobury Mortimer. Conveyancing has been completed months ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Clydesdale?
Clydesdale must be informed of your intention in advance of letting out your property as this is likely to be a breach of Clydesdale’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Clydesdale directly. It should not be necessary to do this via a Clydesdale conveyancing panel firm.
I am looking for a leasehold apartment up to £245,000 and found one close by in Cleobury Mortimer I like with a park and transport links nearby, the downside is that it's only got 49 years on the lease. I can't really find anything else in Cleobury Mortimer for this price, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a mortgage that many years may be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.
In what way does the Landlord & Tenant Act 1954 impact my commercial offices in Cleobury Mortimer and how can your lawyers assist?
The 1954 Act provides security of tenure to business leaseholders, giving them the dueness to apply to court for a continuation of occupancy at the end of the lease term. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Cleobury Mortimer is one of the hundreds of areas of the UK in which our lawyers are located
We're first time buyers - had an offer accepted, but the agent advised that the vendor will only go ahead if we use their preferred lawyers as they need an ‘expedited deal’. My instinct tells me that we should use a high street solicitor with experience of conveyancing in Cleobury Mortimer
We suspect that the seller is unaware of this demand. If they desire ‘a quick sale', alienating a motivated purchaser is not the way to achieve this. Contact the vendors directly and explain that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you are chain free (d) you wish to move quickly (e)however you are going to instruct your own,trusted Cleobury Mortimer conveyancing firm - not the ones that will provide the estate agent a introducer fee or hit his conveyancing figures set by HQ.