I am expecting a mortgage with Nat West. I hope to instruct a Licensed Conveyancer in Bewdley. Does the Nat West Conveyancing panel include conveyancers regulated by the CLC?
The Nat West conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
Are the Bewdley conveyancing solicitors identified as being on the Leeds Building Society conveyancing panel, together with their details provided by Leeds Building Society?
Bewdley conveyancing firms themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what was supposed to be a quick, chain free conveyancing. Bewdley is the location of the property. Can you shed any light on this issue?
Flying freeholds in Bewdley are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bewdley you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bewdley may ascertain 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 residence.
My company is looking to take over a lease of an office on the high street. Can you recommend solicitors offering competitive charges for non-domestic conveyancing in Bewdley for less than 2k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Bewdley, including the disposal and purchase of businesses as well as simply premises. If you are intending to buy or sell a shop, pub, restaurant, office, retail unit or a complete business we will find you the right solicitor. As for the charges this will depend on the structure and terms of the deal. Let us have your contact information or telephone so as to enable us to provide you with comprehensive commercial conveyancing quote.
I need to find a conveyancing solicitor for leasehold conveyancing in Bewdley. I've land on a site which looks to be the perfect answer If there is a chance to get all this stuff done via phone that would be ideal. 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 am hoping to put an offer on a small detached house that seems to meet my requirements, at a reasonable price which is making it all the more appealing. I have since discovered that the title is leasehold as opposed to freehold. I would have thought that there are issues purchasing a leasehold house in Bewdley. Conveyancing lawyers have not yet been appointed. Will they explain the issues?
Most houses in Bewdley are freehold and not leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. We note that you are buying in Bewdley in which case you should be shopping around for a Bewdley conveyancing solicitor and check that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a tenant you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as obtaining the landlord’spermission to carry out changes to the property. You may also be required to pay a service charge towards the maintenance of the estate where the property is located on an estate. Your conveyancer should appraise you on the various issues.
I inherited a 1st floor flat in Bewdley, conveyancing was carried out March 2004. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Bewdley with a long lease are worth £185,000. The average or mid-range amount of ground rent is £65 levied per year. The lease finishes on 21st October 2084
With only 60 years left to run we estimate the price of your lease extension to range between £20,000 and £23,000 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt additional issues 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 without first seeking the advice of a professional.