After what seems like an age a mortgage agreement from NatWest for the remortgage of my 3 room flat is coming any day now. Could you put forward a cheap conveyancing solicitor in Fillongley?

You are on the wrong site if you are seeking cut-price fees for conveyancing in Fillongley. We can offer you excellent value conveyancing but our intention is not to work with the cheapest lawyers. Avoid the trap of appointing brokers teasing you with low cost conveyancing in Fillongley. The optimum result, in going for cheap conveyancing, you will get your money’s worth and at worst you will end up paying a lot in extras and still not get the service required.

I am considering applying for a Virgin Money mortgage for purchase of a newly converted (under development) in Fillongley with 70% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Virgin Money ?

There is nothing to stop you using your solicitor, but Virgin Money will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.

I just bought a flat at auction in Fillongley. Conveyancing is required. What are my next steps?

Now that you are exchanged you now have to find a conveyancing solicitor quickly as you will have a tight deadline in which to complete the deal. Every auction property should have a corresponding auction pack. This should include evidence of title and search results. Where you are dealing with leasehold premises the conveyancing pack may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to leasehold premises. You should give this to your appointed conveyancing solicitor ASAP. Do make sure that your finances are organised to complete the transaction on the set completion date.

Is there a list of Clydesdale panel solicitors in Fillongley on the Council of Mortgage Lender’s Website?

No. There is no such tool on the CML or Building Society Association sites. Very few mortgage companies make their panel listings visible on the web. If you are looking for a Fillongley lawyer on the Clydesdale please use our facility.

We previously chose conveyancers locally in Fillongley on the UBS solicitor approved list. They are now charging me a separate fee for the legal aspects of the UBS mortgage. Is this a supplemental conveyancing fee set by UBS?

Unfortunately, as long as it is in their Terms of Engagement or Quote then yes your lawyer is entitled to charge a fee for this. This fee is not set by UBS but by your Fillongley lawyer. Some firms on the UBS panel will charge an ‘acting for lender’ fee and others do not.

I decided to have a survey completed on a house in Fillongley ahead of appointing solicitors. I have been told that there is a flying freehold element to the property. My surveyor has said that some mortgage companies may refuse to issue a mortgage on a flying freehold property.

It depends who your proposed lender is. Santander has different requirements for example to Birmingham Midshires. If you e-mail us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Fillongley. Conveyancing may be slightly more expensive based on your lender's requirements.

What makes a Fillongley lease unacceptable for security purposes?

Leasehold conveyancing in Fillongley is not unique. All leases are drafted differently and legal mistakes in the legal wording can sometimes mean that certain provisions are not included. The following missing provisions could result in a defective lease:

A provision to repair to or maintain parts of the building Service charge per centages that don't add up correctly leaving a shortfall

A defective lease can cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Nationwide Building Society, Chelsea Building Society, and TSB all have very detailed conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to grant the mortgage, forcing the purchaser to pull out.

I acquired a 1 bedroom flat in Fillongley, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Corresponding flats in Fillongley with over 90 years remaining are worth £202,000. The average or mid-range amount of ground rent is £60 charged once a year. The lease comes to an end on 21st October 2075

You have 56 years left to run we estimate the premium for your lease extension to span between £29,500 and £34,000 as well as legals.

The suggested premium range above a general guide to costs for extending 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 are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.