Find a Kings Heath Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Kings Heath conveyancers for over 130 lenders.

Recently asked questions about conveyancing in Kings Heath

Would the conveyancing solicitors identified through your search tool execute auction conveyancing in Kings Heath?

We know of a number of niche lawyers we can connect you with those specialising in auction conveyancing. Kings Heath is just one of our areas of in which our lawyers are based.

Will my conveyancing lawyers need to check that the building insurance when buying a house in Kings Heath. My lender is Bank of Ireland

Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 22/5/2024, the requirements read as follows :

Over the last few months I have been searching for a ground for flat up to £235,500 and found one close by in Kings Heath I like with amenity areas and transport links nearby, however it only has 52 years unexpired on the lease. I can't really find anything else in Kings Heath in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you need a home loan the shortness of the lease may be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.

Do you have any advice for leasehold conveyancing in Kings Heath with the aim of speeding up the sale process?

  • A significant proportion of the delay in leasehold conveyancing in Kings Heath can be avoided where you appoint lawyers the minute your agents start advertising the property and ask them to collate the leasehold documentation which will be required by the buyers’ representatives.
  • If you hold a share in a the freehold, you should make sure that you are holding the original share certificate. Organising a replacement share certificate is often a time consuming process and slows down many a Kings Heath conveyancing deal. Where a duplicate share is needed, you should approach the company director and secretary or managing agents (where relevant) for this sooner rather than later. A minority of Kings Heath leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, you should notify your estate agents to make sure that the purchasers obtain bank and professional references. The bank reference will need to confirm that the buyers are able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their solicitors. In the event that you altered the property did you need the Landlord’s consent? In particular have you laid down wooden flooring? Most leases in Kings Heath state that internal structural changes or addition of wooden flooring necessitate a licence from the Landlord approving such works. Should you fail to have the paperwork to hand you should not communicate with the landlord without checking with your solicitor before hand. The majority of freeholders or Management Companies in Kings Heath charge for supplying management packs for a leasehold home. You or your lawyers should find out the fee that they propose to charge. The management pack sought as soon as you have a buyer, thus reducing delays. The average time it takes to obtain the necessary information is three weeks. It is the most frequent cause of frustration in leasehold conveyancing in Kings Heath.

Leasehold Conveyancing in Kings Heath - A selection of Queries Prior to Purchasing

    Please note that where the lease has no more than 80 years it will affect the value of the property. It is worth checking with your mortgage company that they are happy with remaining years on the lease. A short lease means that you will probably have to extend the lease sooner rather than later and it is worth discovering what this will be. For most Kings Heathlease extensions you would need to own the premises for two years before you are entitled to extend the lease. It would be wise to investigate if the the lease includes any onerous restrictions in the lease. By way of example some leases prohibit pets being permitted in certain buildings in Kings Heath. If you like the apartmentin Kings Heath however your cat can’t move with you then you will be presented with a hard compromise. Is the freehold reversion owned jointly by the tenants?

My husband and I have AIP from Godiva Mortgages Ltd who suggested that they will lend up to £350k. At what point do I need to instruct a lawyer for conveyancing? Kings Heath is where we plan to move to.

You can instruct a solicitor now and ask them to generate a file for you. This will facilitate: 1) the estate agent to send out the Sales Memo to the relevant parties 2) the seller’s lawyer to send out the draft paperwork. However, do not instruct your solicitor to order searches until you receive your valuation report via Godiva Mortgages Ltd and you are content to move forward.

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