I am not in a position to travel far from Dawley and Lawley. What is the rationale as to why all Dawley and Lawley lawyers aren't automatically on all bank panels?
Banks point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year.The removal of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its outcome included recommendations for lending institutions to review their conveyancing panels, which kicked off a major policy change in the sector. It resulted in mortgage companies purging less reputable firms off their books of approved conveyancing practitioners .
We note that you have a search directory listing solicitors on the Principality conveyancing panel. Do companies pay you a referral fee if I instruct them for our conveyancing in Dawley and Lawley?
We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Dawley and Lawley.
I am looking to buy a property and need a conveyancing solicitor in Dawley and Lawley who is on the Alliance & Leicester solicitor. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Alliance & Leicester in certain locations such as Dawley and Lawley. We dont recommend any particular firm.
Due to the encouragement of my in-laws I had a survey completed on a house in Dawley and Lawley prior to retaining solicitors. I have been advised that there is a flying freehold element to the house. My surveyor advised that some banks will refuse to issue a mortgage on such a home.
It depends who your proposed lender is. HSBC has different instructions for example to Nationwide. Should you wish to telephone us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Dawley and Lawley. Conveyancing may be slightly more expensive based on your lender's requirements.
My fiance and I may need to sub-let our Dawley and Lawley garden flat temporarily due to taking a sabbatical. We instructed a Dawley and Lawley conveyancing firm in 2004 but they have since shut and we did not have the foresight to seek any guidance as to whether the lease allows us to sublet. How do we find out?
A lease dictates the relationship between the freeholder and you the flat owner; in particular, it will indicate if subletting is not allowed, or permitted but only subject to certain caveats. The rule is that if the lease contains no expres ban or restriction, subletting is allowed. The majority of leases in Dawley and Lawley do not prevent strict prohibition on subletting – such a clause would undoubtedly devalue the flat. In most cases there is a basic requirement that the owner notifies the freeholder, possibly sending a copy of the tenancy agreement.
I invested in buying a 2 bed flat in Dawley and Lawley, conveyancing was carried out April 2012. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Dawley and Lawley with a long lease are worth £180,000. The ground rent is £65 invoiced annually. The lease expires on 21st October 2084
With 58 years remaining on your lease we estimate the premium for your lease extension to range between £22,800 and £26,400 plus plus your own and the landlord's "reasonable" 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 provide the actual costs without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.
I am planning to sell my garage which is on a separate legal title with the land registry and hope to get 30k, to clear debts. There is a mortgage with Principality. Is it possible for you to refer me to a cheapish conveyancing practitioner as the standard £800-1000 reduces the return somewhat. Although I live in Dawley and Lawley I dont need to appoint a Dawley and Lawley conveyancing practitioner.
LenderPanel.com is limited to being a directory service for conveyancers who wish to be listed as being on the approved conveyancing panel for Principality in certain locations for example Dawley and Lawley . Our intention is not to recommend any particular conveyancing practitioner.