Souldappointing a Mere conveyancing firm make the ownership transfer smoother?
Established third party connections are another important factor to consider when appointing conveyancing solicitors. Mere law firms benefit from long term relationships with financial advisers and property, local authorities, valuers and other conveyancing firms meaning the whole process is going to be much more straightforward for you. Hosting a well rounded insight into the local area is also a plus .
I have been referred to a conveyancing solicitor in Mere. I need to find out whether they are on the Skipton Building Society conveyancing panel. Can you advise?
You should contact your conveyancer and enquire whether they can act for the bank. Alternatively you should call Skipton Building Society who may be able to confirm.
It has been 3 months following my purchase conveyancing in Mere took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the advice of my in-laws I had a survey completed on a house in Mere before instructing solicitors. I have been told that there is a flying freehold element to the property. Our surveyor advised that some mortgage companies tend not grant a mortgage on such a home.
It depends who your proposed lender is. Lloyds has different requirements from Birmingham Midshires. If you call us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Mere. Conveyancing may be slightly more expensive based on your lender's requirements.
Hoping to buy a property located in Mere and I am already nervous. I couldn't find anything specific about Mere. Conveyancing will be needed in due course but do you know about the Mere area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Mere. In the meantime here are some basic statistics that we found
I am attracted to a couple of flats in Mere both have in the region of 50 years left on the leases. Do I need to be concerned?
A lease is a legal document that entitles you to use the premises for a period of time. As the lease shortens the saleability of the lease reduces and it becomes more costly to acquire a lease extension. For this reason it is generally wise to increase the term of the lease. Sometimes it is difficulties arise selling premises with a short lease as mortgage lenders less inclined to grant a loan on such properties. Lease enfranchisement can be a difficult process. We recommend you get professional assistance from a conveyancer and surveyor with experience in this arena.
I purchased a 2 bed flat in Mere, conveyancing was carried out 10 years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Mere with a long lease are worth £176,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease ends on 21st October 2105
You have 80 years unexpired the likely cost is going to range between £8,600 and £9,800 plus legals.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed investigations. You should not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.