A loan offer from HSBC for the remortgage of my single bedroom maisonette is expected within the next few days. Are you able to recommend a low cost conveyancing lawyer in Highbridge?
You are on the wrong site if you are in need of cut-price fees for conveyancing solicitors in Highbridge. Our goal is to offer value for money conveyancing but we do not aim to work with the cheapest lawyers. Avoid the trap of appointing companies seducing you with £100 conveyancing in Highbridge. In your best case scenario, in being led by cheap conveyancing, you will get your money’s worth and at worst it will result in you with a surprising uplift in additional fees and still not get the service you were looking for.
Can your site be used to recommend a Conveyancing solicitor in Highbridge even where I’m not purchasing or disposing of a house, for instance where I want to acquire a shop in Highbridge with a mortgage from Leeds Building Society?
The service is primarily used to locate residential conveyancing solicitors in Highbridge but we have listed towards the end of this page a few Highbridge commercial conveyancing firms. You should make contact with the company directly to check if they can also act for Leeds Building Society
My brother-in-law has suggested I instruct a conveyancing solicitor in Highbridge. I need to find out whether they are on the Birmingham Midshires approved list of lawyers. Could you assist?
You should contact the solicitor and ask them whether they are on the lender panel. Otherwise please get in touch with Birmingham Midshires who may be able to help.
I am using a search engine for the term on line conveyancing in Highbridge it reveals many property lawyersin the area. With so much choice what is the best way to find the suitable conveyancer for me?
The ideal method of seeking the right conveyancer is via trusted referral, so seek the counsel of friends and those you trust who have purchased a property in Highbridge or the reputable estate agent or mortgage broker. Costs for conveyancing in Highbridge differ, so it's advisable to secure a minimum of three estimates from varying types of property lawyers. Dont forget to clarify that the costs are assured not to increase.
I am attracted to a two apartments in Highbridge which have about 50 years left on the leases. should I be concerned?
There are no two ways about it. A leasehold apartment in Highbridge is a wasting asset as a result of the shortening lease. The closer the lease gets to its expiry date, the more it adversely affects the value of the premises. For most purchasers and mortgage companies, leases with less than 75 years become less and less attractive. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a property with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Highbridge conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. A more straightforward and quicker method of extending would be to contact your landlord directly and sound him out on the prospect of extending the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.
Highbridge Conveyancing for Leasehold Flats - Sample of Queries Prior to buying
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Be sure to investigate if the the lease contains any onerous restrictions in the lease. For instance it is very common in Highbridge leases that pets are not allowed in in a block in Highbridge. If you like the apartmentin Highbridge but your cat can’t move with you then you will be presented with a difficult compromise. How much is the maintenance charge and ground rent on the property? Who takes charge for maintaining and repairing the block?
Can I establish who owns a property in Highbridge?
On the basis that the property is registered with HM Land Registry, and you have enough information of the location of the premises, you should be able to view details from the the Land Registry of the registered owner for a for less than a fiver.