Can the conveyancing solicitors listed on your site execute attended exchange conveyancing in Milnrow?
There are a few conveyancing specialists who can conduct 24hr exchanges. You should call us to get a conveyancing quote and details as to dates.
It has been five months since my purchase conveyancing in Milnrow concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am purchasing a new build house in Milnrow benefiting from help to buy. The developers refused to move on the price so I negotiated £7000 of extras instead. The house builders rep advised me not disclose to my lawyer about the side-deal as it would jeopardize my loan 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.
I am looking for a flat up to £235,500 and found one near me in Milnrow I like with open areas and station in the vicinity, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in Milnrow for this price, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a home loan that many years will likely be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
Should I choose a Milnrow conveyancing practitioner who is local to the property I am buying? I have an old university friend who can handle the legal formalities however his firm is located over three hundred kilometers away.
The benefit of a high street Milnrow conveyancing practice is that you can pop in to execute paperwork, present your ID and pester them where appropriate. They will also have local knowledge which is a bonus. That being said nothing is more important than finding someone that will do a good and efficient job. If you know people who used your friend and on the whole were impressed that must surpass using an unfamiliar Milnrow conveyancing solicitor just because they are based in the area.