I have given 2 months notice to my current landlord and have to be out of my let out apartment in West Bromwich by 19/1/2026. Conveyancing on my purchase is underway. How realistic is it to complete in 5 weeks as don't want to have to find short term accommodation?
The normal practice is not to provide notice for your lease until exchange of contracts has taken place. Assuming that you have not previously done so, contact to your solicitor and request that they chase the other side, try to an acceptable time-line that everyone will look towards
Are the West Bromwich conveyancing solicitors identified as being on the HSBC conveyancing panel, together with their details provided by HSBC?
West Bromwich conveyancing firms themselves provide us confirmation that they are on the HSBC conveyancing panel as opposed to being supplied with a list from HSBC directly.
My lender has suggested a law firm on their panel based in West Bromwich but I would rather choose a conveyancing lawyer in West Bromwich round the corner to me. Can you help?
It is by no means the case that all West Bromwich conveyancing firms are on all banks conveyancing panel. Do make the most of the above search tool to identify a West Bromwich conveyancing solicitor on the on the bank panel.
I'm buying my first flat in West Bromwich benefiting from help to buy. The developers would not reduce the amount so I negotiated £7000 of fixtures and fittings instead. The house builders rep advised me not reveal to my lawyer about the side-deal as it would jeopardize my mortgage with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
In sourcing the world wide web for the phrase cheap conveyancing in West Bromwich it reveals many solicitorsin the vicinity. How do I determine which is the right solicitor for purchase transaction?
The preferential way of choosing a suitable conveyancer is through a personal recommendation, so ask colleagues and relatives who have bought a property in West Bromwich or a reputable estate agent or financial adviser. Costs for conveyancing in West Bromwich differ, so it's a good idea to request at least four estimates from different property lawyers. Be sure to obtain confirmation what costs in the quote includes.
I’m about to sell my ground floor apartment in West Bromwich. Conveyancing is yet to be initiated, however I have just received a half-yearly service charge demand – what should I do?
Your conveyancing lawyer is likely to suggest that you should discharge the maintenance contribution as normal as all rents and service payments should be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I inherited a 2 bed flat in West Bromwich, conveyancing was carried out March 2003. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in West Bromwich with a long lease are worth £197,000. The average or mid-range amount of ground rent is £55 yearly. The lease runs out on 21st October 2081
With just 56 years left to run we estimate the price of your lease extension to span between £29,500 and £34,000 as well as professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before seeking the advice of a professional.