My wife and I are about to exchange on the purchase of a property in Flackwell Heath but as a result of wreckage from some water damage at the property I have managed to agree reparation from the current proprietors in the sum of £3k in the form of a deduction in the price. I had intended this to be addressed as part of amending the contract but Nationwide will not permit this. Why were they notified?
The property lawyer being on a Nationwide approved list is duty bound to disclose to Nationwide of any variations to the sale price. If you prohibit your solicitor to notify the price change to Nationwide then they would have to discontinue acting for you. In addition, Nationwide and you would have to appoint a new lawyer for your conveyancing in Flackwell Heath.
I am purchasing a new build flat in Flackwell Heath. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Flackwell Heath you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Flackwell Heath.
I require expedited conveyancing in Flackwell Heath as I have a deadline to exchange contracts within 2 weeks. Luckily I do not require a mortgage. Can I avoid the conveyancing searches to save fees and time?
If.Given you are are a mortgage free purchaser you have the choice not to have searches carried out although no solicitor would suggest that you don't. With lots of history conveyancing in Flackwell Heath the following are examples of issues that can show up and therefore impact future mortgageability: Enforcement Actions, Overdue Charges, Overdue Grants, Railway Schemes,...
I opted to have a survey carried out on a property in Flackwell Heath in advance of instructing solicitors. I have been informed that there is a flying freehold overhang to the house. Our surveyor advised that some lenders may not issue a loan on this type of property.
It varies from the lender to lender. Santander has different instructions from Birmingham Midshires. Should you wish to call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Flackwell Heath. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking for a conveyancing practitioner in Flackwell Heath for my house move. Is there any facility to see a firm’s complaints history with the profession’s regulator?
One may see documented Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find information Pre 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, call +44 (0)121 329 6800. The regulator could recorded telephone calls for training purposes.
Can you offer any advice when it comes to appointing a Flackwell Heath conveyancing practice to deal with our lease extension?
When appointing a conveyancer for lease extension works (regardless if they are a Flackwell Heath conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of work. We recommend that you speak with several firms including non Flackwell Heath conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be of use:
How experienced is the practice with lease extension legislation? Can they put you in touch with clients in Flackwell Heath who can give a testimonial?
I invested in buying a 2 bed flat in Flackwell Heath, conveyancing was carried out half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Flackwell Heath with an extended lease are worth £202,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease expires on 21st October 2079
With 56 years remaining on your lease we estimate the premium for your lease extension to range between £29,500 and £34,000 plus professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and you obviously 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.