At long last a mortgage agreement from NatWest for the remortgage of my 2 room garden flat is coming by the end of next week. Are you able to propose a cheap conveyancing lawyer in Dudley?
This site is not designed to help those in their quest for the cheapest conveyancing solicitors in Dudley. We can offer you cost effective conveyancing but we do not work with the cheapest lawyers. Resist the temptation to appoint companies offering the bait of £99 conveyancing in Dudley. The optimum outcome, in going for cheap conveyancing, you will get your money’s worth and at worst it will result in you with a hefty uplift in additional fees and still not get the service expected.
I have decided to exercise my right to buy my property in Dudley off the council. I have a mortgage agreed with Principality. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Principality, you will need to appoint a solicitor on the Principality conveyancing panel.
I have a mortgage with Santander for my property in Dudley. Conveyancing has been completed 12 months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Santander?
Your original mortgage agreement with Santander will provide that you need their approval before renting your property as this is likely to be a breach of Santander’s mortgage conditions. It may be that Santander will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Santander directly. You need not do this via a Santander conveyancing panel solicitor.
I've digested plenty of mortgage guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Dudley solicitor - who is on the Clydesdale conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Clydesdale will need an independent valuation of the property. Your lawyer will not arrange this. Usually Clydesdale will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Dudley surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Hoping to buy a property located in Dudley and I am already nervous. I couldn't find anything specific about Dudley. Conveyancing will be needed in due course but do you know about the Dudley area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Dudley. In the meantime here are some basic statistics that we found
My husband and I are novice buyers - had an offer accepted, but the agent has warned us that the vendor will only issue a contract if we instruct their recommended lawyers as they want an ‘expedited deal’. We would rather use a family solicitor accustomed to conveyancing in Dudley
We suspect that the owner is unaware of this ultimatum. Should the seller desire ‘a quick sale', alienating a motivated purchaser is is going to put the whole deal at risk. Speak to the owners direct and make sure they understand (a)you are serious buyers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)however you are going to use your own,trusted Dudley conveyancing firm - not the ones that will give the estate agent a kickback or hit his conveyancing targets demanded by senior management.
Due to sign contracts shortly on a basement flat in Dudley. Conveyancing solicitors assured me that they report fully tomorrow. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Dudley should include some of the following:
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Does the lease prohibit wood flooring? The landlord’s rights to access the flat. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. You need to be informed what counts as a Nuisance in the lease Where does the liability rest for repairing the window frames How long the lease is. You should be advised as what happens when the lease ends, and aware of the importance of not letting the lease term falling below eighty years
I purchased a basement flat in Dudley, conveyancing having been completed in 2006. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Dudley with over 90 years remaining are worth £221,000. The average or mid-range amount of ground rent is £50 per annum. The lease ceases on 21st October 2096
With only 70 years left to run we estimate the price of your lease extension to range between £9,500 and £11,000 plus costs.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more detailed investigations. You should not use this information 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. You should not take any other action placing reliance on this information before seeking the advice of a professional.
I have been recommended a conveyancing solicitor in Dudley. I I would like to check if they are listed on the bank's approved list of lawyers. Could you or the bank confirm if they are on the panel?
It’s a good idea contact your lawyer to enquire if they are on the bank's panel. Alternatively please call us and we can investigate and revert. If they are not on the bank panel we can certainly arrange a quality conveyancing solicitor in Dudley on the panel for your mortgage company.