I am buying a property and need a conveyancing solicitor in Woodbury who is on the Birmingham Midshires solicitor. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Birmingham Midshires in certain locations such as Woodbury. We dont recommend any particular firm.
My wife and I are buying a flat in Woodbury. It might be a silly question but how we can trust a lawyer? At some point we have to send our life savings into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
My wife and I purchasing a victorian detached house in Woodbury. We would like to carry out a loft conversion at the property.Will the conveyancing process involve enquiries to see if these works were previously refused?
Your solicitor should check the deeds as conveyancing in Woodbury can sometimes reveal restrictions in the title deeds which restrict certain works or require the permission of another owner. Many extensions need local authority planning consent and approval under the building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be sensible to check these issues with a surveyor ahead of any purchase.
Is there a list of Santander panel solicitors in Woodbury on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such directory service on the CML or Building Society Association websites. Very few mortgage companies make their panel listings visible on the web. Where you are looking for a Woodbury conveyancer on the Santander please make the most of our facility.
I am looking for a ground for flat up to £195,000 and identified one round the corner in Woodbury I like with open areas and station nearby, however it only has 49 remaining years left on the lease. There is not much else in Woodbury for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a home loan that many years may be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
My husband and I are new to the buying process - agreed a price, yet the agent told us that the seller will only issue a contract if we instruct their preferred solicitors as they need an ‘expedited deal’. We would rather use a family conveyancer with experience of conveyancing in Woodbury
We suspect that the seller is not behind this request. Should the owner desire ‘a quick sale', alienating a serious purchaser is counter productive. Contact the sellers directly and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)however you are going to instruct your own,trusted Woodbury conveyancing lawyers - as opposed tothe ones that will give the estate agent a introducer fee or hit his conveyancing figures demanded by corporate headquarters.
I am employed by a busy estate agency in Woodbury where we have witnessed a few leasehold sales put at risk due to short leases. I have received conflicting advice from local Woodbury conveyancing solicitors. Please can you shed some light as to whether the vendor of a flat can initiate the lease extension formalities for the buyer?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Leasehold Conveyancing in Woodbury - Sample of Questions you should consider before buying
Its a good idea to discover as much as you can concerning the managing agents as they will impact your use and enjoyment of the property. Being a leasehold owner you are often at the mercy of the managing agents from a financial perspective and when it comes to every day issues such as the upkeep of the common parts. Ask prospective neighbours what they think of them. In conclusion, investigate as to the dates that you are obliged pay the maintenance charge to the managing agents and specifically what it includes. It would be a good idea to discover if there are any onerous restrictions in the lease. For example plenty of leases prohibit pets being permitted in in a block in Woodbury. If you love the propertyin Woodbury however your cat can’t live with you then you have a very hard determination. Plenty Woodbury leasehold flats will be liable to pay a service charge for the upkeep of the building set by the freeholder. If you purchase the property you will have to meet this charge, normally periodically throughout the year. This can vary from a few hundred pounds to thousands of pounds for buildings with lifts and large common grounds. In all probability there will be a ground rent to be met annual, this is usually not a large sum, say around £25-£75 but you need to check as on occasion it could be many hundreds of pounds.
What is the distinction between surveying and conveyancing in Woodbury?
Conveyancing - in Woodbury or anywhere in England and Wales - is the process of legally transferring legal title of property from one person to another. It involves the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you are buying and will help you find out about the condition of the building and, if there are problems, give you leverage for reducing the price down or asking the vendor to fix the problems prior to you complete your move.