I was informed yesterday by my mortgage adviser that my Brecon Beacons property lawyer is not on the lender Solicitor panel. How can I check?
The best course of action for you to take is to call your Brecon Beacons lawyer directly. You lawyer should advise you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
Can your site be used to find a Conveyancing solicitor in Brecon Beacons even if I’m not purchasing or disposing of a house, for example if I intend to acquire a shop in Brecon Beacons with a loan from Nottingham Building Society?
The service is mainly used to select residential conveyancing solicitors in Brecon Beacons but we have listed towards the end of this page some Brecon Beacons commercial conveyancing firms. You will need to speak with the company directly to establish if they are also authorised to represent Nottingham Building Society
Due to the input of my in-laws I had a survey completed on a property in Brecon Beacons in advance of appointing solicitors. I have been informed that there is a flying freehold aspect to the house. Our surveyor advised that some lenders may refuse to grant a mortgage on a flying freehold premises.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Birmingham Midshires. Should you wish to call us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Brecon Beacons. Conveyancing may be slightly more expensive based on your lender's requirements.
I need to find a conveyancing solicitor for my conveyancing in Brecon Beacons. I have land on a web site which seems to have the perfect answer If it is possible to get all this stuff done via email that would be ideal. Do I need to be concerned? What are the potential pitfalls?
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 attracted to a two apartments in Brecon Beacons both have in the region of 50 years unexpired on the lease term. Will this present a problem?
A lease is a right to use the property for a period of time. As the lease shortens the saleability of the lease reduces and it becomes more costly to extend the lease. For this reason it is advisable to extend the lease term. It is often difficulties arise selling premises with a short lease as mortgage lenders less inclined to grant a loan on such properties. Lease enfranchisement can be a protracted process. We recommend you seek professional assistance from a solicitor and surveyor with experience in this field.
I own a leasehold flat in Brecon Beacons, conveyancing formalities finalised 4 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent properties in Brecon Beacons with a long lease are worth £175,000. The average or mid-range amount of ground rent is £65 levied per year. The lease ceases on 21st October 2083
With 58 years unexpired the likely cost is going to range between £23,800 and £27,400 as well as costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.
Please can you refer me to a conveyancing practitioner for conveyancing in Brecon Beacons (or within 5klm)? It’s is for a remortgage.I had one lined up but just found out that are not on the panel for UBS.
LenderPanel.com is limited to being a directory service for lawyers who want to be listed as being on the approved conveyancing panel for UBS in certain areas for instance Brecon Beacons . Our intention is not to recommend any specific solicitor.