Our bank has recommended a law firm on their panel based in Oldbury but I would rather use a conveyancing lawyer in Oldbury or nearer to where I live. Can you assist?
The minority of Oldbury conveyancing practitioners are listed all lender’s conveyancing panel. Use our search tool to choose a Oldbury conveyancing firm on the on the mortgage company panel.
I am looking for a ground for flat up to £305k and identified one round the corner in Oldbury I like with a park and transport links nearby, the downside is that it's only got 52 remaining years left on the lease. I can't really find anything else in Oldbury suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a mortgage that many years may be problematic. Reduce the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of twenty four months you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
My business partner and I are intending to lease a unit on a shopping parade. Can you recommend solicitors offering competitive costs for commercial conveyancing in Oldbury for under £1,200?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Oldbury, including the sale and acquisition of businesses as well as simply property. Whether you are looking to buy or sell a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right lawyer. Regarding the costs these will vary based on the structure and terms of the deal. Let us have your details or call us so that we can furnish you with a fixed commercial conveyancing calculation.
As co-executor for the estate of my grandfather I am selling a house in Neath but I am based in Oldbury. My solicitor (who is 260 kilometers from merequires that I execute a stat dec prior to the transaction finalising. Can you recommend a conveyancing solicitor in Oldbury to attest this legal document for me?
strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are based in Oldbury
I am attracted to a couple of apartments in Oldbury both have approximately 50 years remaining on the lease term. Will this present a problem?
A lease is a legal document that entitles you to use the property for a prescribed time frame. As the lease shortens the marketability of the lease reduces and results in it becoming more expensive to extend the lease. This is why it is often a good idea to increase the term of the lease. Sometimes it is difficult to sell a property with a short lease as mortgage companies less inclined to grant a loan on properties of this type. Lease enfranchisement can be a protracted process. We recommend you get professional help from a solicitor and surveyor with experience in this field.
I acquired a 2 bed flat in Oldbury, conveyancing formalities finalised half a dozen years ago. How much will my lease extension cost? Similar properties in Oldbury with an extended lease are worth £171,000. The ground rent is £50 charged once a year. The lease expires on 21st October 2101
You have 79 years unexpired the likely cost is going to range between £8,600 and £9,800 as well as legals.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.