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Find a Fradley Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Fradley

I have given 2 months notice to my existing landlord and must be out of my rented apartment in Fradley by the end of next month. Conveyancing for my house purchase has just started. Is it possible to complete in a couple of weeks as don't want to have to move into short term accommodation?

It is unwise to give notice for your lease unless your lawyer suggests that you should. Assuming that you have not previously done so, speak to your lawyer and request that they cajole the sellers lawyers, try to get a realistic time scale from them that all parties will work towards

I am buying my first flat in Fradley with a mortgage from Norwich and Peterborough Building Society. The builders would not budge the amount so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not inform my solicitor about this deal as it would put at risk my mortgage with Norwich and Peterborough Building Society. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Hoping to buy a property located in Fradley and I am already nervous. I couldn't find anything specific about Fradley. Conveyancing will be needed in due course but do you know about the Fradley area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Fradley. In the meantime here are some basic statistics that we found

Back In 2009, I bought a leasehold house in Fradley. Conveyancing and Santander mortgage went though with no issue. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1995. The conveyancing practitioner in Fradley who acted for me is not around. What should I do?

The first thing you should do is contact HMLR to be sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. There is no need to instruct a Fradley conveyancing lawyer to do this as it can be done on-line for a few pound. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I am the registered owner of a garden flat in Fradley, conveyancing formalities finalised March 2010. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Fradley with a long lease are worth £197,000. The average or mid-range amount of ground rent is £55 levied per year. The lease ceases on 21st October 2080

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

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.

I have just started marketing my garden flat in Fradley.Conveyancing solicitors are to be appointed soon however I have just had a yearly service charge demand – what should I do?

The sensible thing to do is pay the service charge as usual as all rents and service payments should be apportionedas part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially

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