I have just been advised by my lender that my Brackley property lawyer is not on the bank Solicitor panel. What can I do to be certain if this is indeed the case?
The first thing you need to do is to contact your Brackley conveyancer. You lawyer should inform you of the situation. Where they are not on the panel they may recommend you to a Brackley conveyancing firm that is on the conveyancing panel for your lender.
My wife and I have recently appointed a conveyancing solicitor in Brackley. I need to find out if they are on the Yorkshire Building Society approved list of lawyers. Could you or the lender confirm if they are on the panel?
The first thing you should do is e-mail the conveyancer and enquire whether they are on the lender panel. Alternatively you can call Yorkshire Building Society who may be able to help.
4 months have gone by since my purchase conveyancing in Brackley completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. 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.
What is different about your site and other online quote calculators for conveyancing in Brackley?
At this site secure an accurate quote from a Solicitor or Licensed Conveyancer that understands the issues for your conveyancing in Brackley. Unlike many estate agents and many comparison sites we do not have commission arrangements with solicitors. Some agents and online brokers 'recommend' solicitors paying the most commission, rather than the best value conveyancing in Brackley
I am looking at a couple of apartments in Brackley both have in the region of forty five years remaining on the leases. Will this present a problem?
A lease is a legal document that entitles you to use the property for a prescribed time frame. As a lease gets shorter the value of the lease decreases and results in it becoming more expensive to extend the lease. This is why it is often a good idea to increase the term of the lease. Sometimes it is difficulties arise selling premises with a short lease because mortgage companies may be unwilling to lend money on properties of this type. Lease extension can be a protracted process. We advise that you seek professional assistance from a solicitor and surveyor with experience in this field.
I own a 1st floor flat in Brackley, conveyancing formalities finalised October 2007. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Brackley with a long lease are worth £165,000. The average or mid-range amount of ground rent is £50 levied per year. The lease runs out on 21st October 2102
With only 77 years unexpired the likely cost is going to range between £7,600 and £8,800 as well as costs.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be other concerns that need to be taken into account 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.
Are all Brackley property lawyers on every bank conveyancing panel?
You can use our search tool or you can drop into your local bank branch in Brackley. the probability is that they can recommend conveyancing solicitors in Brackley