My IFA has asked me for my Knotty Ash lawyer’ panel member for the Nat West conveyancing panel. What is the best way to discover this. I have called my local Knotty Ash office but they don't know it.
Have you tried contacting your Knotty Ash lawyer about this?. Most Knotty Ash law firms will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.
Do the Building Society Association intend to launch a searchable register to to identify solicitors on the Loughborough BS conveyancing panel for example in Knotty Ash?
We are not aware of any plans on the part of the BSA to develop such a tool.
I am buying a new build apartment in Knotty Ash. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Knotty Ash
-
Please confirm the Lease plans are architect prepared. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I am looking into buying my first house which is in Knotty Ash and I am already nervous. I couldn't find anything specific about Knotty Ash. Conveyancing will be needed in due course but do you know about the Knotty Ash area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Knotty Ash. In the meantime here are some basic statistics that we found
I am looking at a couple of flats in Knotty Ash which have in the region of forty five years unexpired on the leases. Will this present a problem?
There are plenty of short leases in Knotty Ash. The lease is a legal document that entitles you to use the property for a period of time. As the lease shortens the value of the lease decreases and it becomes more expensive to extend the lease. This is why it is often a good idea to increase the term of the lease. It is often difficulties arise selling premises with a short lease as mortgage companies less inclined to grant a loan on such properties. Lease enfranchisement can be a protracted process. We recommend you seek professional help from a solicitor and surveyor with experience in this arena.
I inherited a basement flat in Knotty Ash, conveyancing having been completed half a dozen years ago. 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 flats in Knotty Ash with an extended lease are worth £265,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease expires on 21st October 2101
With 76 years left to run we estimate the price of your lease extension to range between £8,600 and £9,800 plus costs.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.