Is there a search tool that I can use to check that the solicitor conducting my conveyancing in Lydney is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Barclays thus spending £187.00 plus VAT in supplemental conveyancing invoice.
Feel free to make the most of the find a conveyancing panel solicitor tool on this site. Pick the lender and type ‘Lydney’ or your location and you will see numerous conveyancers offices in Lydney or nearest you.
I have been told that property searches are the number one reason for hinderance in Lydney house deals. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the determinations of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of hindrances in the conveyancing process. Local searches are not likely to feature in any holding up conveyancing in Lydney.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Lydney?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Lydney. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Am I right to be suspicious by estate agents that I am dealing with are encouraging me to use an internet conveyancing firm rather than a local Lydney conveyancing firm?
As is the case with many service providers, often referrals from connections can be worth their weight in gold. But there are lots of people with a vested interest in a conveyancing deal; estate agents, financial adviser and banks might all suggest solicitors to appoint. On occasion these lawyers might be known to one of the organisations as being good in their field, but sometimes there is an underlying commercial relationship behind the endorsement. You have the discretion to choose your own lawyer. Don't forget that most banks operate an approved list of conveyancers you are obliged to use for the mortgage related work in your home move.
I need to instruct a conveyancing solicitor for freehold conveyancing in Lydney. I have land on a web site which looks to be the perfect offering If it is possible to get all formalities completed via web that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I only have Fifty years unexpired on my flat in Lydney. I am keen to get lease extension but my freeholder is can not be found. What are my options?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. However, you will be required to prove that you have used your best endeavours to find the landlord. For most situations an enquiry agent may be useful to try and locate and to produce a report to be accepted by the court as proof that the freeholder is indeed missing. It is advisable to get professional help from a solicitor both on devolving into the landlord’s absence and the vesting order request to the County Court covering Lydney.
I bought a 2 bed flat in Lydney, conveyancing having been completed March 2006. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Lydney with a long lease are worth £202,000. The average or mid-range amount of ground rent is £60 levied per year. The lease ceases on 21st October 2082
With just 57 years remaining on your lease we estimate the premium for your lease extension to span between £28,500 and £33,000 as well as professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.