Why is leasehold purchase conveyancing in Norris Green is more expensive?
The conveyancing costs on a leasehold premises in Norris Green is frequently higher when contrasted to a freehold residence. This is because there is an amount of additional work necessary in corresponding with the landlord and management company to obtain information concerning whether the rent and maintenance fee have been discharged and whether there are any major works due in the near future on repairs or maintenance of the building.
I am helping my sister sell her property in Norris Green. Does the conveyancer arrange an EPC or it is for me to see to?
After the abolition of Home Information Packs, energy assessments became a required component of moving property. An energy performance certificate should be commissioned before the property is placed on the market. This is not something that lawyers normally organise. Where you are instructing a Norris Green conveyancing practitioner they might help arrange energy performance certificates due to their relationships with long established Norris Green assessors
I am the single recipient of my late father’s estate and I have everything in my name alone, including the my former home in Norris Green. The Norris Green property was put into my name in September. I plan to dispose of the property. I understand that there is a CML six month 'rule', which means that my proprietorship could be regarded the same way as though I had purchased the house in September. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be affected by that. How sensible a view banks take of it, depend on the bank as this provision primarily exists to capture the purchase and immediately sell or the quick reselling of properties.
I have today made my last payment due on my mortgage with Co-operative. I assume I don't need a Norris Green property lawyer on the Co-operative panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Co-operative mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Co-operative mortgage from the register. Co-operative, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Co-operative has sent the Land Registry the discharge electronically, and
- Co-operative has instructed the Land Registry to do so
A colleague recommended that where I am purchasing in Norris Green I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually included in the estimate for your Norris Green conveyancing searches. It is not a small report of about 40 pages, listing and setting out important information about Norris Green around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Norris Green Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Norris Green Education with plans and statistics, Local Amenities and other useful data regarding Norris Green.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a quick, no chain conveyancing. Norris Green is the location of the property. Can you shed any light on this issue?
Flying freeholds in Norris Green are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Norris Green you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Norris Green may decide 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 premises.
How simple is it to change firm as I have to find a firm on the Birmingham Midshires conveyancing list. I instructed a high street conveyancing solicitor in Norris Green five minutes from me but the firm is not approved by Birmingham Midshires
We will our best to assist in finding you a conveyancing solicitor in Norris Green on the Birmingham Midshires panel. Please note that the solicitors that we list do not pay us fee if you instruct them and are authorised and regulated by the SRA who regulate all conveyancing solicitors in Norris Green. In making use of the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Norris Green.