I have just started taking steps with the aim of transferring my current residential loan to a BTL Nationwide Building Society mortgage. I have been informed by my broker that I must appoint a lawyer as part of the process. I got in contact with the same Edgbaston conveyancing solicitor who who completed the conveyancing when I originally acquired the house. The fee calculation e-mailed to me of just over five hundred pounds is surprising as its a refinance than a sale or purchase.

The estimate fees are a little high. If you are prepared to invest time contrasting costs you may be able to get the conveyancing a bit cheaper by say £100 plus VAT. That being said, assuming were happy with the conveyancing the firm gave you mightcome to regret choosing an a cheaper solicitor. Don't forget to enquire that the firm can also act for Nationwide Building Society. Do employ our search tool to find a Edgbaston conveyancing firm on the Nationwide Building Society approved list of lawyers, which can often include conveyancing solicitors in Edgbaston.

Why is leasehold purchase conveyancing in Edgbaston is more expensive?

The conveyancing fees for a leasehold premises in Edgbaston is inevitably higher when contrasted to a freehold residence. This is due to the additional investigations required in corresponding with the landlord and managing agents to collate the information concerning whether the rent and maintenance fee have been cleared and whether there are any significant expenditure in the near future on repairs or maintenance of the block.

What is different about your site and alternative internet conveyancing brokers when it comes to conveyancing in Edgbaston?

At this site get a fixed fee quote from a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Edgbaston. Unlike many estate agents and brokerage sites we are not in the business of charging firms a commission if you choose them for your home move in Edgbaston

My step-father has recommend that I use his conveyancing solicitors in Edgbaston. Should I choose my own solicitor?

There are no two ways about it the ideal way to find a conveyancing practitioner is to have referrals from friends or relatives who have used the solicitor you're are thinking of instructing.

There are only 68 years unexpired on my flat in Edgbaston. I need to get lease extension but my freeholder is absent. What should I do?

If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. You will be obliged to prove that you or your lawyers have used your best endeavours to track down the freeholder. On the whole a specialist may be useful to carry out a search and to produce an expert document to be used as evidence that the landlord is indeed missing. It is wise to seek advice from a conveyancer both on proving the landlord’s absence and the application to the County Court covering Edgbaston.

I acquired a split level flat in Edgbaston, conveyancing formalities finalised May 1997. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding flats in Edgbaston with over 90 years remaining are worth £197,000. The average or mid-range amount of ground rent is £55 yearly. The lease finishes on 21st October 2081

You have 55 years left to run we estimate the premium for your lease extension to be between £31,400 and £36,200 plus costs.

The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues 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 based on this information before getting professional advice.