What is the optimum way to discover of the solicitor conducting my conveyancing in Shenfield is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Norwich and Peterborough Building Society thus spending £192.00 in additional legal fees.
You should take advantage of the find a conveyancing panel solicitor tool on this site. Pick the lender and type ‘Shenfield’ or your preferred area and you will be presented with a number of lawyer located in Shenfield or by proximity to you.
I have todaydiscovered that Arc property Solicitors have closed. They carried out my conveyancing in Shenfield for a purchase of a leasehold apartment 9 months ago. How can I check that the property is not still registered in the name of the former proprietor?
The quickest method to see if the premises is in your name, you can make 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 Shenfield conveyancing specialists.
I opted to have a survey carried out on a property in Shenfield in advance of retaining lawyers. I have been informed that there is a flying freehold overhang to the house. The surveyor has said that some banks tend refuse to grant a loan on this type of home.
It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. If you call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Shenfield. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Shenfield to see if the conveyancing will be more expensive.
As co-executor for the will of my aunt I am disposing of a house in Newport but reside in Shenfield. My conveyancer (approximately 200 kilometers awayneeds me to execute a statutory declaration prior to completion. Can you recommend a conveyancing practitioner in Shenfield who can witness this legal document for me?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will suffice regardless of whether they are Shenfield based
I am looking at a two maisonettes in Shenfield which have about fifty years left on the lease term. Will this present a problem?
There are plenty of short leases in Shenfield. The lease is a right to use the property for a prescribed time frame. As the lease gets shorter the value of the lease deteriorates and it becomes more expensive to acquire a lease extension. This is why it is often a good idea to extend the lease term. Sometimes it is difficult to sell a property with a short lease as mortgage companies may be reluctant to lend money on properties of this type. Lease extension can be a protracted process. We advise that you get professional help from a conveyancer and surveyor with experience in this arena.
I purchased a 2 bed flat in Shenfield, conveyancing formalities finalised 10 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding properties in Shenfield with a long lease are worth £186,000. The ground rent is £55 yearly. The lease runs out on 21st October 2074
With only 52 years left to run we estimate the premium for your lease extension to be between £29,500 and £34,000 as well as costs.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.