We are looking to buy a flat and need a conveyancing solicitor in Birmingham who is on the Aldermore conveyancing panel. Can you recommend a local 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 Birmingham.
We're in Birmingham, FTBs buying with a mortgage (lender is UBS , and our solicitor is on the UBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the UBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner 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.
The deeds to our house can not be found. The lawyers who dealt with the conveyancing in Birmingham 4 years ago no longer exist. What are my next steps?
Nowadays there are duplicates made of almost everything, and your conveyancer should know precisely where to locate all the relevant documentation so you can buy or sell your house without any difficulty. If duplicates are not available, your solicitor may be able to put in place insurance or indemnities protecting you against possible claims on your premises.
How do I use your search facility to choose a conveyancing lawyer in Birmingham on the approved list for my mortgage?
First select a mortgage company such as HSBC Bank, Leeds Building Society or Godiva Mortgages Ltd then choose your preferred area for instance Birmingham. Conveyancing firms in Birmingham and across England and Wales will then be shown.
I am a negotiator for a reputable estate agency in Birmingham where we see a few flat sales derailed due to leases having less than 80 years remaining. I have received contradictory information from local Birmingham conveyancing solicitors. Please can you confirm whether the vendor of a flat can start the lease extension process for the buyer?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the sale.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I purchased a 1 bedroom flat in Birmingham, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Corresponding flats in Birmingham with over 90 years remaining are worth £211,000. The ground rent is £50 per annum. The lease ends on 21st October 2087
You have 68 years left to run we estimate the premium for your lease extension to be between £9,500 and £11,000 as well as costs.
The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.