We are buying a 1 bedroom apartment in Blagdon with a mortgage. We like our Blagdon lawyer, but the mortgage company says he's not on their "panel". It appears that we have no option but to instruct one of the mortgage company panel solicitors or continue with our Blagdon lawyer as well as pay for one of their panel firms to act for them. This feels very unfair; is there anything we can do?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Blagdon conveyancing lawyer to apply to be on the conveyancing panel.
Do the conveyancing lawyers listed on your site handle conveyancing in Blagdon by way of an attended exchange?
There are a few conveyancing experts carrying out one day exchanges. Do contact us to obtain a conveyancing quote and details as to availability.
We are looking to buy a house and require a conveyancing solicitor in Blagdon who is on the Bank of Ireland 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 Bank of Ireland . We don't recommend any particular firms conducting conveyancing in Blagdon.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a simple, no chain conveyancing. Blagdon is where the house is located. Is there any advice you can give?
Flying freeholds in Blagdon are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Blagdon you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Blagdon may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Can you offer any advice when it comes to appointing a Blagdon conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a property lawyer for your lease extension (regardless if they are a Blagdon conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you talk with several firms including non Blagdon conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be helpful:
If the firm is not ALEP accredited then why not? How many lease extensions have they conducted in Blagdon in the last twenty four months?
I acquired a split level flat in Blagdon, conveyancing was carried out in 2007. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding flats in Blagdon with over 90 years remaining are worth £206,000. The ground rent is £45 charged once a year. The lease terminates on 21st October 2085
You have 66 years left to run we estimate the premium for your lease extension to span between £12,400 and £14,200 plus costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.