We note that you have a search directory identifying firms on the Nationwide conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Rednal?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Rednal.
I have been told that property searches are the number one reason for obstruction in Rednal house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of delays in the conveyancing process. Local searches are unlikely to be the root cause of delay in conveyancing in Rednal.
How does conveyancing in Rednal differ for new build properties?
Most buyers of new build property in Rednal come to us having been asked by the developer to exchange contracts and commit to the purchase even before the property is completed. This is because builders in Rednal typically acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Rednal or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a house in Rednal before instructing lawyers. I have been informed that there is a flying freehold overhang to the house. My surveyor has said that some lenders will not grant a loan on a flying freehold house.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Rednal. Conveyancing will be smoother if you use a solicitor in Rednal especially if they are accustomed to such properties in Rednal.
Estate agents have just been given the go-ahead to market my basement apartment in Rednal. Conveyancing has not commenced, however I have just received a half-yearly service charge demand – should I leave it to the buyer to sort out?
The sensible thing to do is discharge the invoice as normal given that all ground rent and maintenance charges will be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I acquired a studio flat in Rednal, conveyancing having been completed 3 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Rednal with an extended lease are worth £181,000. The ground rent is £55 invoiced every year. The lease runs out on 21st October 2074
With just 51 years left to run we estimate the price of your lease extension to be between £30,400 and £35,200 plus professional fees.
The suggested premium range that we have given is a general guide to costs for extending 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 may be additional issues that need to be taken into account 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.
My partner and I are are seeking to find an affordable conveyancing lawyer in Rednal to help me sell my flat. I I am fearful of being overcharged but with lots of Rednal conveyancing practices out there...how do I know which one is best to appoint?
A trustworthy personal recommendation via a person who has instructed a conveyancing solicitor before is always a best. You are sure to know someone who has used a conveyancing lawyer previously. Feel free to make the most of our comparison tool for Rednal conveyancing quotes