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Recently asked questions about conveyancing in Selly Oak

Will our solicitor be raising enquiries regarding flooding as part of the conveyancing in Selly Oak.

The risk of flooding is if increasing concern for lawyers dealing with homes in Selly Oak. Plenty of people will purchase a property in Selly Oak, completely aware that at some time, it may be flooded. However, leaving to one side the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the property. Steps can be carried out during the course of a house purchase to forewarn the buyer.

Solicitors are not qualified to offer advice on flood risk, but there are a number of checks that may be undertaken by the purchaser or on a buyer’s behalf which will figure out the risks in Selly Oak. The standard property information forms given to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) includes a standard inquiry of the vendor to determine whether the property has suffered from flooding. If the premises has been flooded in past and is not notified by the owner, then a buyer may commence a claim for damages as a result of such an incorrect response. A purchaser’s conveyancers may also order an enviro report. This will indicate whether there is any known flood risk. If so, additional inquiries will need to be initiated.

I have justdiscovered that Stirling Law have closed. They conducted my conveyancing in Selly Oak for a purchase of a freehold house 9 months ago. How can I establish that my home is registered correctly in the name of the former proprietor?

The quickest method to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Selly Oak conveyancing specialists.

Over the last few months I have been searching for a flat up to £245,000 and found one near me in Selly Oak I like with a park and transport links nearby, the downside is that it's only got 51 years unexpired on the lease. There is not much else in Selly Oak in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you require a home loan that many years may be a potential deal breaker. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.

I am looking into buying my first house which is in Selly Oak and I am already nervous. I couldn't find anything specific about Selly Oak. Conveyancing will be needed in due course but do you know about the Selly Oak area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Selly Oak. In the meantime here are some basic statistics that we found

There are only Fifty years unexpired on my lease in Selly Oak. I need to extend my lease but my landlord is missing. What should I do?

If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the Court. You will be obliged to prove that you or your lawyers have done all that could be expected to find the lessor. On the whole an enquiry agent would be helpful to conduct investigations and prepare a report to be used as proof that the freeholder can not be located. It is wise to seek advice from a solicitor in relation to investigating the landlord’s absence and the vesting order request to the County Court covering Selly Oak.

Selly Oak Conveyancing for Leasehold Flats - A selection of Queries Prior to buying

    How much is the maintenance charge and ground rent on the property? Does the lease have more than 85 years remaining? The prefered form of lease structure is where the freehold interest is in the ownership of the leaseholders. In this arrangement the lessees benefit from being in charge if their destiny and although a managing agent is frequently employed where the building is larger than a house conversion, the managing agent is directed by the tenants.

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