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Recently asked questions about conveyancing in Great Barr

We are about to exchange on the purchase of a house in Great Barr but as a result of damage from a small fire at the property I have was able negotiate recompense from the vendor of £3k in the form of a reduction in the price. I had intended this to be addressed as part of a side agreement however Barclays are not allowing this. Why were they notified?

The lawyer being on the Barclays approved list is required to inform Barclays of any variations to the purchase price. If you were to refuse your conveyancer to disclose the reduction to Barclays then they would have to discontinue acting for you. In addition, Barclays and you would have to appoint a new conveyancing practitioner for your conveyancing in Great Barr.

I need some fast conveyancing in Great Barr as I am under a deadline to complete within one month. A mortgage is not required. Is it possible to decline from having conveyancing searches to save money and time?

If.Given you are not taking a mortgage you are at free not to do searches although no solicitor would suggest that you don't. Drawing on years of experience of conveyancing in Great Barr the following are examples of what can arise and adversely affect future saleability: Refused Planning Applications, Overdue Fees, Overdue Grants, Road Schemes,...

My cousin has encouraged me to instruct his conveyancing solicitors in Great Barr. Should I use them?

No doubt it’s preferable to choose a conveyancing practitioner is to have referrals from friends or relatives who have experience in using the conveyancer you're considering.

Back In 2003, I bought a leasehold house in Great Barr. Conveyancing and Godiva Mortgages Ltd mortgage are in place. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1991. The conveyancing solicitor in Great Barr who acted for me is not around. What should I do?

First contact HMLR to be sure that this person is indeed the new freeholder. It is not necessary to incur the fees of a Great Barr conveyancing firm to do this as it can be done on-line for £3. Rest assured that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Great Barr Conveyancing for Leasehold Flats - A selection of Queries before Purchasing

    How many of the leaseholders are in arrears for their service charge payments? The answer will be important as a) areas could result in problems in the building as the communal areas may start to deteriorate where maintenance remain unpaid b) if the tenants have a dispute with the running of the building you will need to have all the details How much is the yearly maintenance fee and ground rent?

My wife and I recently become aware that one of the partners of the law firm undertaking the purchase conveyancing in Great Barr is related to the seller. Is this acceptable?

As long as no conflict arises this is allowable. Where you are obtaining mortgage finance then the bank may have a say as many banks have specific requirements on this. For example for RBS- First Active as of 14/9/2022, the requirements read as follows :

1.15- May your firm act if the person dealing with the transaction or a member of his immediate family is the borrower?

No, your firm may not act if the person dealing with the transaction or a member of his immediate family is the borrower. However, your firm may act if a separate fee earner or separate partner within the firm acts for us.

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Find out more about how flying freehold can affect your the value of a property.