We see that you have a post code search directory listing law firms on the Nationwide conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in Fairwater?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Fairwater.
I am selling my apartment in Fairwater. Will my property lawyer have to be on the Leeds Building Society conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Leeds Building Society conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
We are purchasing a property and the solicitor has identified Chancel Repair to which the property may be liable because it falls into the area of such a church. She has mentioned insurance. Is this strictly appropriate for conveyancing in Fairwater
Unless a previous purchase of the house took place post 12 October 2013 you may expect solicitors delivering conveyancing in Fairwater to remain encouraging a chancel search and or chancel repair liability policy.
I opted to have a survey carried out on a house in Fairwater before appointing conveyancers. I have been told that there is a flying freehold aspect to the house. The surveyor has said that some lenders tend not issue a loan on this type of home.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. Should you wish to call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Fairwater. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking into buying my first house which is in Fairwater and I am already nervous. I couldn't find anything specific about Fairwater. Conveyancing will be needed in due course but do you know about the Fairwater area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Fairwater. In the meantime here are some basic statistics that we found
I own a leasehold house in Fairwater. Conveyancing and Skipton Building Society mortgage organised. I have received a letter from someone saying they have taken over the freehold. Attached was a demand for arrears of ground rent dating back to 1997. The conveyancing solicitor in Fairwater who previously acted has long since retired. Any advice?
First make enquiries of the Land Registry to be sure that the individual purporting to own the freehold is in fact the new freeholder. You do not need to incur the fees of a Fairwater conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I acquired a studio flat in Fairwater, conveyancing was carried out 4 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Fairwater with over 90 years remaining are worth £197,000. The ground rent is £55 invoiced annually. The lease comes to an end on 21st October 2080
You have 55 years unexpired we estimate the premium for your lease extension to be between £31,400 and £36,200 as well as costs.
The figure above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.