Find a Lender-Approved Local Conveyancer in Redditch

We're in Redditch, FTBs buying with a mortgage (lender is Nottingham , and our solicitor is on the Nottingham conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the Nottingham conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

I have recentlybeen informed that Action Conveyancing have been shut down. They carried out my conveyancing in Redditch for a purchase of a freehold house 18 months ago. How can I establish that the property is in my name in the name of the former proprietor?

The easiest way to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Redditch conveyancing specialists.

I am looking for a flat up to £235,500 and found one close by in Redditch I like with a park and railway links in the vicinity, the downside is that it only has 52 remaining years left on the lease. There is not much else in Redditch in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?

Should you need a home loan the shortness of the lease may be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you can request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.

What does commercial conveyancing in Redditch cover?

Non domestic conveyancing in Redditch covers a broad range of services, given by regulated solicitors, relating to business property. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.

My step-father has encouraged me to instruct his lawyers for conveyancing in Redditch. Do I take his guidance?

No doubt the ideal way to select a conveyancing solicitor is to get referrals from friends or relatives who have actually experience in using the conveyancer you're are thinking of instructing.

If all goes to plan we aim to complete our sale of a £400,000 maisonette in Redditch in 10 days. The landlords agents has quoted £300 for Landlord’s certificate, insurance certificate and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Redditch?

For the majority of leasehold sales in Redditch conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

Answering pre-exchange enquiries Where consent is required before sale in Redditch Copies of the building insurance and schedule Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your conveyancer will have no control over the level of the charges for this information but the average costs for the information for Redditch leasehold premises is £350. For Redditch conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to supply the information.

Leasehold Conveyancing in Redditch - Examples of Questions you should consider before buying

This information is important as a) areas could cause problems for the block as the communal areas may start to deteriorate if services are not paid for b) if the leasehold owners have an issue with the running of the building you will wish to know about it What is the the remaining lease term? It is important to be aware if changing the roof or some other major work is due in the foreseeable future that will be shared between the tenants and will materially impact the level of the maintenance charges or require a specific invoice.