Willappointing a Shenfield conveyancing firm make the home moving process easier?
Existing third party relationships is an important consideration when choosing conveyancing solicitors. Shenfield law firms enjoy connections with financial advisers and agents, local authorities, valuers and other law firms meaning the whole process is going to be much smoother for you. Possessing a well rounded intelligence of the local area is an advantage.
We are looking to buy a flat and need a conveyancing solicitor in Shenfield who is on the Bank of Ireland 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 Bank of Ireland . We don't recommend any particular firms conducting conveyancing in Shenfield.
My uncle passed away last year and as sole heir and executor I was left the property in Shenfield. The house had a small mortgage left on it of around £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Yorkshire BS, pay off the mortgage. Is this possible?
Where you plan to re-mortgage then Yorkshire BS will insist on your using a conveyancer on the Yorkshire BS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Yorkshire BS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Yorkshire BS mortgage is registered as a charge at the Land Registry.
Due to the input of my in-laws I had a survey completed on a property in Shenfield in advance of appointing solicitors. I have been told that there is a flying freehold element to the house. The surveyor advised that some banks tend refuse to issue a loan on a flying freehold house.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Shenfield. Conveyancing may be slightly more expensive based on your lender's requirements.
Planning to complete next month on a studio apartment in Shenfield. Conveyancing lawyers have said that they will have a report out to me next week. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Shenfield should include some of the following:
You should have a good understanding of the building insurance provisions What the implications are if you have breached the provisions of the lease? Where does the liability rest for maintaining the window frames Responsibility to repair and maintain the main walls and foundations. It is essential for you to know which party is responsible the repair and maintenance of every part of the building Whether your lease has a provision for a slush fund for major repairs?
I purchased a leasehold flat in Shenfield, conveyancing having been completed in 2011. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Shenfield with a long lease are worth £171,000. The average or mid-range amount of ground rent is £50 yearly. The lease runs out on 21st October 2103
With 79 years left to run we estimate the premium for your lease extension to range between £8,600 and £9,800 plus professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action based on this information before seeking the advice of a professional.