What is the best way to search for the right solicitor who can provide a high level service for our conveyancing in Lickey End?
Option 1 is to ask the people you trust who they would recommend.
Option 2 is to search the web for conveyancing in Lickey End. Ring two or three listed and invite them to forward you their conveyancing charges and discuss your needs with the solicitor who will handle your legal process prior tomaking your decision.
Third is to make use of this site to assist you in finding the right solicitors taking into account your personal requirements including the type of property,deadlines, complications and who the proposed lender is. Don't take the bait of £99 conveyancing in Lickey End
We have agreed to purchase a house in Lickey End. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Lloyds be concerned?
As your lender is Lloyds your lawyer must follow the formal requirements contained in Section 2 of UK Finance Lenders’ Handbook for Lloyds. The CML Handbook stipulates minimum requirements for solar panel roof-space leases, and conveyancers are required to report to Lloyds where a lease does not satisfy these provisions. The requirements relate to the installation of panels on properties countrywide and is not isolated to Lickey End.
I can not fathom if my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Lickey End building society branch on a couple of occasions and was told it does not impact the mortgage offer and they will lend. My Lickey End conveyancing solicitor - who is on the bank conveyancing panel- called and was told they refuse to lend based on their published requirements. Who do I believe?
Your conveyancer has to comply with the CML Handbook section two specifications for your lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
I have instructed a Lickey End solicitor having checked that they are on the UBS conveyancing panel. Does my lawyer arrange the survey of the property?
UBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually UBS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancing practitioner will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Lickey End postcode. As you are getting a mortgage with UBS, you could contact them to see if they have a list of approved surveyors in Lickey End.
I've recently found out that there is a flying freehold element on a house I have offered on last month in what was supposed to be a simple, no chain conveyancing. Lickey End is the location of the property. What do you suggest?
Flying freeholds in Lickey End are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Lickey End you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lickey End may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Should I be concerned that estate agents that I am dealing with are suggesting a web based conveyancing firm as opposed to a High Street Lickey End conveyancing firm?
As with many service providers, often recommendations from family and friends can be very helpful. Nevertheless there are many players in a conveyancing matter; estate agents, mortgage brokers and lenders may recommend conveyancers to choose. On occasion these solicitors might be known to one of the organisations as one of the best in their field, but occasionally there might be a commercial relationship behind the recommendation. You have the right to appoint your preferred conveyancer. You need to be aware that many mortgage providers specify a panel list of law firms you have to use for the lender related work in your transaction.
What are your top tips when it comes to choosing a Lickey End conveyancing practice to deal with our lease extension?
If you are instructing a property lawyer for lease extension works (regardless if they are a Lickey End conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you talk with two or three firms including non Lickey End conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be of use:
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If the firm is not ALEP accredited then why not? How experienced is the practice with lease extension legislation?
I purchased a 1 bedroom flat in Lickey End, conveyancing formalities finalised in 2004. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in Lickey End with an extended lease are worth £202,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease comes to an end on 21st October 2081
With just 56 years remaining on your lease the likely cost is going to be between £29,500 and £34,000 plus professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.
Your search tool is useful but there are many lawyers listed near Lickey End being on the lender conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for our bank?
We are not in the business of recommending one firm above another as the right Lickey End conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Lickey End knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..