Can you explain why leasehold purchase conveyancing in Harborne is more expensive?
The conveyancing fees for a leasehold premises in Harborne is inevitably more expensive than on a freehold residence. This is due to the extra time required in corresponding with the freeholder and management company to collate the information concerning whether the rent and maintenance fee have been paid and whether there are any major works due in the foreseeable future on repairs or maintenance of the block.
I am considering applying for a Yorkshire BS mortgage for purchase of a newly converted (under development) in Harborne with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Yorkshire BS ?
There is nothing to stop you using your solicitor, but Yorkshire BS will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
Yesterday I discovered that there is a flying freehold element on a house I have offered on last month in what was supposed to be a simple, chain free conveyancing. Harborne is where the house is located. Can you offer any assistance?
Flying freeholds in Harborne are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Harborne you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Harborne may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
What makes your site different to alternative online quote calculators for conveyancing in Harborne?
At this site get a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Harborne. As opposed to estate agents and brokerage sites we do not charge firms a fee if you choose them for your home move in Harborne
What is the reason for new build conveyancing in Harborne being more expensive?
Conveyancing in Harborne for newly converted or new build properties can sometimes involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as additional investigations and contractual considerations.