Do the Building Society Association intend to launch a searchable register to list law firms on the Loughborough BS conveyancing panel for instance in Bramford?
We would not expect to be advised of any plans on the part of the BSA to promote such a search facility.
Is it necessary to pay for insurance to cover chancel repairs when buying a house in Bramford?
Unless a previous acquisition of the property completed post 12 October 2013 you can take it that solicitors carrying out conveyancing in Bramford to remain encouraging a chancel search and or insurance against a claim.
Due to the advice of my in-laws I had a survey completed on a property in Bramford prior to appointing lawyers. I have been advised that there is a flying freehold overhang to the property. Our surveyor has said that some mortgage companies may not give a mortgage on such a home.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. If you e-mail us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Bramford. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Bramford to see if the conveyancing will be more expensive.
I was advised by two or three local property agents in Bramford to choose a property lawyer on your site. Is there a financial inducement for Estate Agents to offer your services over and above another?
We refuse to make any financial incentive for pointing buyers and sellers to this site. We found it would be just too difficult to pay a commission as a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
I work for a busy estate agent office in Bramford where we have witnessed a few leasehold sales jeopardised due to short leases. I have been given contradictory information from local Bramford conveyancing solicitors. Please can you shed some light as to whether the vendor of a flat can instigate the lease extension formalities for the buyer?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the sale.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord 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.
Bramford Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to Purchasing
-
The answer will be useful as a) areas may result in problems in the block as the common areas may begin to deteriorate if repairs are not paid for b) if the tenants have a dispute with the managing agents you will want to know about it The prefered form of lease structure is a share of the freehold. In this scenario the tenants enjoy being in charge if their destiny and even though a managing agent is often employed where it is larger than a house conversion, the managing agent acts for the leaseholders themselves. Its a good idea to discover as much as possible about the company managing the block as they can either make your living at the property much easier or problematic. As the owner of a leasehold property you are often at the mercy of the managing agents both financially and when it comes to daily issues like the cleanliness of the common parts. Don't be shy to ask other people if they are happy with their management. Finally, be sure you know the dates that the service fees are due to the appropriate party and precisely what it includes.
Is planning permission required to convert a house into two appartments in Bramford? This has occurred to a house opposite to my house in Bramford and was not aware of it happening until it was complete.
Planning permission is needed for converting a single dwelling in Bramford into apartments but possibly not for reverting once again to single dwelling-house so, simply put, yes,a it is required.