My mortgage broker says he needs my Corsham law firm’s panel member for the Nationwide conveyancing panel. What is the best way to find this out. I have contacted my local Corsham office but they cant find it on their system.
Have you tried speaking to your Corsham property lawyer about this?. They keep a central record lender panel numbers.
We just had an offer accepted to purchase with Norwich and Peterborough Building Society. I popped in 3 or 4 local companies yet cant to find a Corsham conveyancing firm on the Norwich and Peterborough Building Society approved list. Please you assist?
Please do make the most of the search tool on this web page. Pick the building society and type Corsham or your location and you will be presented with numerous solicitors offices in Corsham or near you.
Due to the advice of my in-laws I had a survey completed on a house in Corsham in advance of appointing conveyancers. I have been told that there is a flying freehold aspect to the house. Our surveyor has said that some mortgage companies will not give a mortgage on this type of property.
It depends who your proposed lender is. Santander has different instructions from Nationwide. Should you wish to call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Corsham. Conveyancing may be slightly more expensive based on your lender's requirements.
How do I identify a Corsham solicitor on the Aldermore conveyancing panel? I am a keen cyclist and am prepared to travel upto 20miles to meet the conveyancer.
Feel free to make use of the facility on this website. Please pick a bank and your location and you will see a number of Corsham conveyancing lawyers located nearest you. We have detailed some Corsham conveyancing firms at the bottom of this page and you can contact them to check if they are on the Aldermore panel
I've found a house that appears to tick a lot of boxes, at a reasonable figure which is making it all the more appealing. I have subsequently discovered that it's a leasehold as opposed to freehold. I am assuming that there are issues buying a leasehold house in Corsham. Conveyancing lawyers have are soon to be appointed. Will they explain the issues?
The majority of houses in Corsham are freehold and not leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can help the conveyancing process. It is clear that you are purchasing in Corsham so you should seriously consider shopping around for a Corsham conveyancing solicitor and check that they have experience in advising on leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want with the house. The lease will likely included provisions for example requiring the landlord’spermission to carry out alterations. You may also be required to pay a maintenance charge towards the maintenance of the communal areas where the house is part of an estate. Your solicitor should report to you on the legal implications.
I purchased a split level flat in Corsham, conveyancing formalities finalised in 1995. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Corsham with an extended lease are worth £197,000. The ground rent is £55 charged once a year. The lease runs out on 21st October 2075
You have 56 years unexpired we estimate the premium for your lease extension to range 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 cannot give you the actual costs in the absence of comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first seeking the advice of a professional.