I am buying a house and need a conveyancing solicitor in Furzedown who is on the Nationwide Building Society conveyancing. Can you recommend a local firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nationwide Building Society in certain locations such as Furzedown. We dont recommend any particular firm.

A colleague suggested that if I am purchasing in Furzedown I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

This is a search is sometimes quoted for as part of the standard Furzedown conveyancing searches. It is not a small document of about 40 pages, listing and detailing significant information about Furzedown around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Furzedown Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Furzedown Education with plans and statistics, Local Amenities and other useful data about Furzedown.

How does conveyancing in Furzedown differ for newly converted properties?

Most buyers of new build property in Furzedown come to us having been asked by the developer to exchange contracts and commit to the purchase even before the house is completed. This is because builders in Furzedown usually acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Furzedown or who has acted in the same development.

I am tempted by the attractive purchase price for a two maisonettes in Furzedown which have about fifty years left on the lease term. should I be concerned?

There are plenty of short leases in Furzedown. The lease is a right to use the property for a prescribed time frame. As the lease shortens the saleability of the lease reduces and it becomes more costly to extend the lease. This is why it is often a good idea to increase the term of the lease. More often than not it is difficult to sell a property with a short lease as mortgage companies may be unwilling to lend money on such properties. Lease extension can be a difficult process. We advise that you get professional assistance from a solicitor and surveyor with experience in this area.

I bought a 1st floor flat in Furzedown, conveyancing having been completed in 2001. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar properties in Furzedown with a long lease are worth £186,000. The ground rent is £55 charged once a year. The lease comes to an end on 21st October 2078

With only 53 years unexpired we estimate the premium for your lease extension to be between £27,600 and £31,800 as well as costs.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. 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 considered and clearly you want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first getting professional advice.

I am looking to buy a property and need a conveyancing solicitor in Furzedown who is on the bank solicitor panel. Can you recommend a Furzedown or local firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the lender who do conveyancing in Furzedown. We dont recommend any particular solicitor.