I can't travel far from Braunstone. I would like to know the reason why all Braunstone conveyancers aren't automatically on all lender panels?
Before the recession most lenders demonstrated an approach to risk which differs from the current day. The financial regulator in 2010 instigated a thematic review into mortgage fraud which in summary warned lenders: know the solicitors on your panel. Consequently, lenders have subsequently soughtmore information from law firms concerning their operations and the staff employed by them and set certain criteria such as completing a minimum amount of transactions. Many firms have found themselves removed from lender panels even though they had 100% healthy track record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Many firms were never going to satisfy the minimum volume of transactions the lenders set.
Can your site be used to recommend a Conveyancing solicitor in Braunstone even if I’m not buying or selling a house, for instance if I wish to acquire a shop in Braunstone with a mortgage from Godiva Mortgages Ltd?
Our comparison service is primarily utilised to help choose residential conveyancing solicitors in Braunstone but we have set out towards the bottom of this page a few Braunstone commercial conveyancing firms. You will need to enquire with the firm directly to see if they are also authorised to represent Godiva Mortgages Ltd
I have a decision in principle. The bank mentioned the home loan came with free conveyancing. Does this mean I have to instruct their panel lawyer as I would prefer to instruct a local conveyancing solicitor in Braunstone?
Do check but the chances are that appoint one of their panel lawyers if you accept the "fee-free" incentive. Contact the mortgage company to explore if they allow a monetary alternative. In the past a few lenders offered a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor in Braunstone.
As co-executor for the will of my aunt I am selling a residence in Monmouth but I am based in Braunstone. My lawyer (who is 300 kilometers from mehas requested that I execute a statutory declaration prior to completion. Can you recommend a conveyancing lawyer in Braunstone who can attest and place their company stamp on the document?
Technically speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are located in Braunstone
I am hoping to sign contracts shortly on a basement flat in Braunstone. Conveyancing lawyers have said that they are sending me a report on Monday. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Braunstone should include some of the following:
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Advice concerning the obligations as set out in the lease to to contribute towards maintenance costs - in respect of the block, and the wider rights a leaseholder has Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice? The landlord’s rights to access the property. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Repair and maintenance of the flat
I am the registered owner of a 1 bedroom flat in Braunstone, conveyancing having been completed in 2010. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Braunstone with over 90 years remaining are worth £190,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease expires on 21st October 2084
With just 61 years unexpired we estimate the premium for your lease extension to span between £19,000 and £22,000 as well as legals.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.
How do I discover who owns a house in Braunstone?
As long as the property is recorded at HM Land Registry, and you have the details of the address of the premises, you should be able to view details from the HMLR of the recorded owner for a for less than a fiver.