We are a couple about to sign contracts for a leasehold flat in Bourne End. We encountered a stumbling block. Our loan offer with TSB expires on 23/10/2026 but the vendors are suggesting a completion date of 27/10/2026. Is it possible to prolong the loan expiry date?
The best person to address this question is your lawyer who should determine whether he or she is corresponding with the bank, seller’s representatives, selling agents or indeed all three given what has happend in your house move to date.
I'm buying my first flat in Bourne End with a loan from Bank of Scotland. The sellers refused to budge the price so I negotiated 6k of fixtures and fittings instead. The house builders rep advised me not disclose to my conveyancer about this extras as it will adversely affect my loan with the bank. 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.
Is there anything unique about your site and alternative online quote calculators for conveyancing in Bourne End?
At this site get a fixed fee costs illustration from a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Bourne End. As opposed to estate agents and brokerage sites we do not have kick-back deals with solicitors. Many agents and online brokers 'recommend' solicitors paying the highest kickback, not the best value conveyancing in Bourne End
I am looking for a conveyancing practitioner in Bourne End for my purchase. Can I check a firm’s complaints history with the profession’s regulator?
Anyone can review documented Solicitor Regulator Association (SRA) decisions stemming from inquisitions commenced on or after 1 January 2008. Go to Check a solicitor's record. For details Pre 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, use +44 (0)121 329 6800. The regulator sometimes recorded telephone calls for training purposes.
Jane (my partner) and I may need to rent out our Bourne End basement flat temporarily due to taking a sabbatical. We used a Bourne End conveyancing practice in 2001 but they have closed and we did not have the foresight to seek any advice as to whether the lease permits subletting. How do we find out?
Even though your last Bourne End conveyancing solicitor is not available you can check your lease to check if you are permitted to let out the property. The rule is that if the lease is non-specific, subletting is permitted. There may be a precondition that you must seek consent from your landlord or other appropriate person in advance of subletting. The net result is that you cannot sublet in the absence of first obtaining permission. Such consent is not allowed to be unreasonably refused ore delayed. If the lease prohibits you from subletting the property you should ask your landlord if they are willing to waive this restriction.
I bought a 1 bedroom flat in Bourne End, conveyancing having been completed 3 years ago. How much will my lease extension cost? Corresponding flats in Bourne End with an extended lease are worth £180,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease runs out on 21st October 2085
With just 59 years left to run we estimate the premium for your lease extension to span between £20,900 and £24,200 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.
Me and my wife have just had an offer agreed on a house and had an appointment on Wednesday with HSBC for the mortgage. They have informed me that when it comes to selecting a conveyancer that if they are not on their approved list of solicitors then we will incur an additional fee of £250+. This is is due to the fact that they will then have to instruct a property lawyer to act on their behalf in addition to the one we select for ourselves and we are liable for their costs. I have asked HSBC to send me with a list so I can obtain estimates only from their approved lawyers but was told they dont have such a list to hand over. Is there a list online?
You should ask HSBC what their panel criteria is for a solicitor.Then ask the conveyancing practitioner of your choice whether they fit that criteria and have they acted on loans for HSBC in the past. If the answer to those is yes, then just clarify this with HSBC. Alternatively please use our search tool and we may be able to find you a conveyancer in Bourne End on the approved list for HSBC.