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Ready to buy a new home in Blaby? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Blaby home move at risk of delay or failure.

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Recently asked questions about conveyancing in Blaby

Would the conveyancing lawyers indexed on your site conduct right to buy conveyancing in Blaby?

We have identified plenty of conveyancing experts carrying out right to buy conveyancing Please call us in order to secure a conveyancing quote.

Should commercial conveyancing searches disclose proposed roadworks that may impact a commercial land in Blaby?

Many commercial conveyancing solicitors in Blaby will order a SiteSolutions Highways report as it reduces the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Blaby. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Blaby.

For each commercial conveyancing transaction in Blaby it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can result in delays to Blaby commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Blaby.

I decided to have a survey done on a property in Blaby before instructing conveyancers. I have been told that there is a flying freehold overhang to the house. My surveyor advised that some mortgage companies will not give a mortgage on a flying freehold home.

It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. If you call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Blaby. Conveyancing may be slightly more expensive based on your lender's requirements.

I wish to rent out my leasehold flat in Blaby. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for permission?

The lease governs the relationship between the freeholder and you the flat owner; in particular, it will set out if subletting is prohibited, or permitted but only subject to certain conditions. The rule is that if the lease contains no expres ban or restriction, subletting is allowed. Most leases in Blaby do not contain strict prohibition on subletting – such a clause would undoubtedly devalue the property. In most cases there is a basic requirement that the owner notifies the freeholder, possibly sending a copy of the tenancy agreement.

I purchased a leasehold flat in Blaby, conveyancing formalities finalised in 2011. How much will my lease extension cost? Corresponding properties in Blaby with over 90 years remaining are worth £170,000. The ground rent is £50 per annum. The lease runs out on 21st October 2103

With just 78 years left to run we estimate the price of your lease extension to be between £7,600 and £8,800 plus costs.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.

What is the reason for my conveyancer requiring various items of ID before they can commence with selling or buying a property in Blaby?

Blaby property lawyers are required by the Law Society, Solicitors Regulation Authority, HMLR and current Money Laundering legislation to certify that the have checked the identity of their clients. It is also sometimes a condition of your mortgage offer. In addition they have to complete various forms, particularly those relating to stamp duty land tax and need to have information such as your full names, NI number and date of birth.

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Find out more about how flying freehold can affect your the value of a property.