We are purchasing a property and require a conveyancing solicitor in Nechells who is on the Aldermore solicitor panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Nechells.
It has been 3 months following my purchase conveyancing in Nechells completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the input of my in-laws I had a survey completed on a property in Nechells in advance of instructing solicitors. I have been informed that there is a flying freehold element to the house. My surveyor has said that some mortgage companies tend not issue a loan on a flying freehold property.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to call us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Nechells. Conveyancing may be slightly more expensive based on your lender's requirements.
I've recently bought a leasehold flat in Nechells. Do I have any liability for service charges for periods before completion of my purchase?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I bought a split level flat in Nechells, conveyancing was carried out half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Nechells with over 90 years remaining are worth £165,000. The ground rent is £50 levied per year. The lease ends on 21st October 2103
You have 78 years remaining on your lease the likely cost is going to span between £7,600 and £8,800 plus costs.
The figure above a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure in the absence of comprehensive investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.
We have been advised by numerous estate agents that it should take six to eight weeks for Nechells conveyancing to complete.This was four weeks ago. The property information was only forwarded from the vendors property lawyer a few days ago so does the time start running now?
Do not rely on completing on a specific date until exchange of contracts takes place. Regardless of the promises the people you are buying from or selling to make, or your conveyancer makes don't rely on them. More frustration is caused to home movers by unfulfilled assurances than anything else.