Me and my partner are purchasing our first house. Our lawyer has e-mailedto enquire if we wish to take out supplemental conveyancing searches. We are really unsure what's recommended for conveyancing in Fradley
The range of Fradley conveyancing searches should be dictated primarily on the premises, the location, the probability of any of these risks, your familiarity of the locality and risks, your overall appetite to risk. What matters is that you properly comprehend what information the searches could supply. You may then decide if you personally think you need that information. Should you be uncertain, ask the solicitor to recommend.
Why do I have to pay up front for conveyancing in Fradley?
If you are buying a property in Fradley your solicitor will ask you to provide them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. If any down payment is payable against the sale price then this should be asked for immediately in advance of exchange of contracts. The closing balance that is needed should be sent to your lawyer shortly before completion.
I have just over seventy years remaining on my lease and require a lease extension for my flat in Fradley. Conveyancing solicitors on the Accord Mortgages panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 16/4/2025 the requirements read as follows :
Despite weeks of looking the Title Certificate and documents to our home are lost. The solicitors who conducted the conveyancing in Fradley 10 years ago are no longer around. What are my next steps?
Gone are the days when you need to hold title official documentation to prove you own the land or premises, given that the Land Registry hold details of all registered land or property electronically.
I am looking to sell my property. My past solicitors has retired. I would be grateful for any recommendation of a conveyancing firm. Im based in Fradley if that makes a difference.
Please use our search tool to help you choose a solicitor for your conveyancing in Fradley. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
What are the frequently found deficiencies that you witness in leases for Fradley properties?
There is nothing unique about leasehold conveyancing in Fradley. All leases are individual and drafting errors can sometimes mean that certain clauses are wrong. For example, if your lease is missing any of the following, it could be defective:
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A duty to insure the building A provision to repair to or maintain elements of the premises
You may have difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Nationwide Building Society, Bank of Scotland, and Aldermore all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to provide security, forcing the purchaser to withdraw.
I am the registered owner of a 2 bed flat in Fradley, conveyancing was carried out September 2001. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Fradley with an extended lease are worth £222,000. The average or mid-range amount of ground rent is £50 per annum. The lease finishes on 21st October 2095
You have 70 years remaining on your lease we estimate the price of your lease extension to span between £9,500 and £11,000 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 the actual costs in the absence of comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.