Should conveyancers ask for money up-front for my conveyancing in Hethersett?

If you are buying a property in Hethersett your lawyer will ask you put them with monies to cover the the cost of the conveyancing searches. Ordinarily this is asked for to cover the fees of the conveyancing searches. If any down payment is as part of the purchase price then this should be needed immediately in advance of contracts are exchanged. The final balance that is due should be transferred shortly before completion.

I'm purchasing a new build house in Hethersett with a loan from The Royal Bank of Scotland. The builders refused to reduce the price so I negotiated 6k of extras instead. The estate agent advised me not disclose to my solicitor about this side-deal as it may jeopardize my mortgage with The Royal Bank of Scotland. 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.

What tools are available to identify a Hethersett law firm on the Accord Mortgages Ltd conveyancing panel? I am a keen cyclist and am happy to travel upto 10miles to meet the lawyer.

Feel free to make use of the facility on this website. Please choose the mortgage company and your location and you will see a number of Hethersett conveyancing lawyers located nearest you. We have listed some Hethersett conveyancing firms at the bottom of this page and you can call them to see whether they are on the Accord Mortgages Ltd member panel

My husband and I are novice buyers - agreed a price, yet the estate agent advised that the seller will only issue a contract if we use the agent's chosen lawyers as they are insisting on an ‘expedited deal’. We would rather use a local conveyancer with experience of conveyancing in Hethersett

It is improbable the sellers are behind this. Should the vendor require ‘a quick sale', turning down a serious purchaser is likely to cause more damage than good. Speak to the owners direct and explain that (a)you are genuine purchasers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you will continue to use your preferred Hethersett conveyancing firm - rather thanthe ones that will earn the estate agent a kickback or hit his conveyancing targets demanded by HQ.

I am on look out for some leasehold conveyancing in Hethersett. Before I set the wheels in motion I want to be sure as to the number of years remaining on the lease.

Assuming the lease is registered - and almost all are in Hethersett - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I purchased a 1st floor flat in Hethersett, conveyancing having been completed half a dozen years ago. Can you work out an approximate cost of a lease extension? Similar properties in Hethersett with a long lease are worth £191,000. The ground rent is £55 per annum. The lease ceases on 21st October 2079

With 53 years remaining on your lease the likely cost is going to range between £27,600 and £31,800 plus 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 are not able to supply a more accurate figure without more detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.