We are looking to buy a house and need a conveyancing solicitor in Saxmundham who is on the Aldermore solicitor panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Saxmundham.
My relative advised me that if I am buying in Saxmundham I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually quoted for as part of the standard Saxmundham conveyancing searches. It is not a small document of about 40 pages, listing and setting out important information about Saxmundham around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Saxmundham Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful information regarding Saxmundham.
I have been on the look out for a leasehold apartment up to £235,500 and identified one round the corner in Saxmundham I like with amenity areas and station in the vicinity, the downside is that it only has 52 remaining years left on the lease. There is not much else in Saxmundham suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a home loan the shortness of the lease may be problematic. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
How do I locate a Saxmundham law firm on the Accord Mortgages Ltd conveyancing panel? I have a car and am prepared to travel upto 10kilometers to meet the conveyancer.
Feel free to make use of the tool on this page. Please select a mortgage company and your location and you will see a number of Saxmundham conveyancing lawyers locally. We have listed some Saxmundham conveyancing firms towards the end of this page and you can ring them to see whether they are on the Accord Mortgages Ltd panel
I have recently realised that I have Sixty One years unexpired on my lease in Saxmundham. I now wish to extend my lease but my freeholder is missing. What options are available to me?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. However, you will be required to demonstrate that you have done all that could be expected to locate the landlord. In some cases an enquiry agent would be helpful to carry out a search and prepare an expert document to be used as evidence that the landlord can not be located. It is wise to seek advice from a property lawyer both on devolving into the landlord’s absence and the application to the County Court covering Saxmundham.
I acquired a ground floor flat in Saxmundham, conveyancing formalities finalised 9 years ago. Can you work out an approximate cost of a lease extension? Similar flats in Saxmundham with over 90 years remaining are worth £195,000. The ground rent is £45 invoiced every year. The lease runs out on 21st October 2088
With only 63 years left to run we estimate the price of your lease extension to be between £16,200 and £18,600 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.
My conveyancers in Saxmundham have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with the lender. Is it case that being on the bank conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the mortgage company Conveyancing Panel Terms. It might be worth you contacting the bank directly.