My IFA says he needs my Leeswood lawyer’ panel reference for the Lloyds conveyancing panel. Can you suggest how I discover this. I have e-mailed my local Leeswood office but they have not got back to me yet.
Have you tried calling your Leeswood property lawyer about this?. They maintain a central record lender panel numbers.
My wife and I are selling our home in Leeswood and according to the buyers it appears that there is a risk of it being built on contaminated land. Any high street Leeswood conveyancer would know this is not the case. It does beg the question why the buyers instructed an internet conveyancing firm rather than a conveyancing solicitor in Leeswood. We have lived in Leeswood for three years we know that this is a non issue. Do we get in touch with our local Authority to get clarification that there is no issue.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
Due to the input of my in-laws I had a survey completed on a house in Leeswood prior to appointing conveyancers. I have been advised that there is a flying freehold aspect to the house. The surveyor has said that some mortgage companies will not give a mortgage on a flying freehold property.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. Should you wish to telephone us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Leeswood. Conveyancing will be smoother if you use a solicitor in Leeswood especially if they are acquainted with such properties in Leeswood.
How does the Landlord & Tenant Act 1954 impact my business property in Leeswood and how can you help?
The particular law that you refer to affords a safeguard to commercial lessees, granting the legal entitlement to apply to court for a new lease and continue in occupation when the lease comes to an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Leeswood is one of the many areas of the UK in which the firms we work with have offices
Our conveyancer has advised that he intends to complete and exchange simultaneously on the sale of our £375,000 garden flat in Leeswood in 8 days. The freeholder has quoted £312 for Certificate of Compliance, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Leeswood?
Leeswood conveyancing on leasehold flats often necessitates the purchaser’s conveyancer sending enquiries for the landlord to answer. Although the landlord is under no legal obligation to address these enquiries the majority will be content to do so. They are entitled to charge a reasonable administration fee for answering questions or supplying documentation. There is no set fee. The average fee for the information that you are referring to is over three hundred pounds, in some cases it exceeds £800. The management information fee levied by the landlord must be sent together with a summary of rights and obligations in relation to administration fees, otherwise the invoice is technically not due. In reality you have little choice but to pay whatever is demanded if you want to sell the property.
I bought a ground floor flat in Leeswood, conveyancing was carried out 6 years ago. Can you give me give me an indication of the likely cost of a lease extension? Comparable flats in Leeswood with over 90 years remaining are worth £180,000. The average or mid-range amount of ground rent is £65 per annum. The lease ends on 21st October 2076
With 58 years remaining on your lease we estimate the premium for your lease extension to span between £22,800 and £26,400 as well as costs.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more detailed due diligence. You should not use this information in tribunal or court proceedings. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before seeking the advice of a professional.