Would the conveyancing solicitors to be found on your site execute auction conveyancing in Dingle?
There are a few auction solicitors we can connect you with those specialising in auction conveyancing. Dingle is just one of the many areas of in which our lawyers cover.
I'm buying my first flat in Dingle with the aid of help to buy. The developers would not budge the price so I negotiated £7000 of additionals instead. The estate agent suggested that I not reveal to my solicitor about this side-deal as it may adversely affect my mortgage with the bank. 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.
Due to the encouragement of my in-laws I had a survey completed on a house in Dingle ahead of instructing conveyancers. I have been told that there is a flying freehold overhang to the house. The surveyor has said that some lenders may refuse to issue a loan on a flying freehold home.
It varies from the lender to lender. HSBC has different instructions from Nationwide. Should you wish to telephone us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Dingle. Conveyancing may be slightly more expensive based on your lender's requirements.
Am I best advised to instruct a Dingle conveyancing solicitor who is local to the property I am purchasing? We have a good friend who can carry out the conveyancing but her office is 400kilometers away.
The primary upside of using a high street Dingle conveyancing firm is that you can attend the office to execute paperwork, present your identification documents and apply pressure on them where appropriate. They will also have local insight which is a benefit. However it's more important to get someone that will do a good and efficient job. If you know people who instructed your friend and they were content that must outweigh using an unknown Dingle conveyancing lawyer solely due to them being based in the area.
What are your top tips when it comes to choosing a Dingle conveyancing firm to deal with our lease extension?
If you are instructing a conveyancer for your lease extension (regardless if they are a Dingle conveyancing firm) it is essential that they be familiar with the legislation and specialises in this area of work. We suggest that you make enquires with several firms including non Dingle conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be helpful:
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What volume of lease extensions has the firm conducted in Dingle in the last 12 months? Can they put you in touch with clients in Dingle who can give a testimonial?
I own a split level flat in Dingle, conveyancing formalities finalised half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding flats in Dingle with a long lease are worth £180,000. The ground rent is £65 invoiced annually. The lease comes to an end on 21st October 2084
With just 58 years left to run we estimate the price of your lease extension to span between £22,800 and £26,400 plus professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.