Unfortunately I am unable to travel far from Craven Arms. What is the rationale as to why all Craven Arms lawyers are not on all bank panels?
Mortgage companies highlight the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year.The dismissal of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the FSA in 2011. Its conclusions included recommendations for lenders to review their conveyancing panels, which triggered a major policy change in the sector. It resulted in banks and building societies pruning a number of firms from their books of approved solicitors .
I have just over seventy years left on my lease and need a lease extension for my apartment in Craven Arms. Conveyancing solicitors on the Platform panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 3/11/2025 the requirements read as follows :
I am purchasing a property and the solicitor has identified Chancel Repair for which the property could be obligated to pay given it’s proximity to the area of such a church. She has mentioned insurance. Is this strictly warranted for conveyancing in Craven Arms
Unless a prior acquisition of the house took place post 12 October 2013 you could assume that lawyers handling conveyancing in Craven Arms to remain recommending a chancel search and or insurance against a claim.
My father-in-law has suggested that I appoint his conveyancers in Craven Arms. Should I choose my own property lawyer?
No doubt the best way to select a conveyancing practitioner is to get recommendations from friends or relatives who have actually used the firm you're contemplating using.
Due to complete next month on a garden flat in Craven Arms. Conveyancing solicitors inform me that they will have a report out to me tomorrow. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Craven Arms should include some of the following:
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You should know whether the lease allows you to alter or improve anything in the premises- you should know whether any restrictions applies to all alterations or limited to structural alteration, and whether licences for alterations is required Defining your rights in respect of common areas in the block.E.G., does the lease contain a right of way over a path or hallways? Whether your lease has a provision for a slush fund for major works? The landlord’s rights to access the premises. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Does the lease require carpeting throughout thus preventing wood flooring?
I acquired a 1st floor flat in Craven Arms, conveyancing was carried out half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar properties in Craven Arms with a long lease are worth £255,000. The average or mid-range amount of ground rent is £45 yearly. The lease runs out on 21st October 2098
With just 73 years remaining on your lease we estimate the price of your lease extension to span between £8,600 and £9,800 as well as legals.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.
Whilst your website is a good idea there are many lawyers listed near Craven Arms being on the mortgage company conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the lender approved panel?
We do not recommend specific Craven Arms firms as the right Craven Arms conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Craven Arms knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..