Much to our surprise we have been notified by our mortgage broker that my Washwood Heath solicitor is not on the lender Solicitor panel. What can I do to be certain whether this is indeed the case?

You need to call your Washwood Heath conveyancer. You lawyer should inform you of the situation. If they are not on the panel they may recommend you to a Washwood Heath conveyancing firm that is on the conveyancing panel for your lender.

I am looking for a flat up to £245,000 and identified one near me in Washwood Heath I like with a park and station in the vicinity, the downside is that it only has 49 remaining years left on the lease. There is not much else in Washwood Heath in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you require a mortgage the shortness of the lease will be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least 2 years you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.

I'm remortgaging my existing home to a BTL loan with and intend to use the remaining equity as a deposit on another property. The neighborhood we are looking at is Washwood Heath. Will your lawyers be able to act for both sets of lenders and tie in the conveyances?

Do use our search tool on this site to ensure that the conveyancers are approved by both lenders. On the basis that they are the conveyancer will be able to tie up the two transactions but you should have a chat with you conveyancer and specify your desired outcome and needs.

Due to complete next month on a ground floor flat in Washwood Heath. Conveyancing lawyers assured me that they are sending me a report within the next couple of days. Are there areas in the report that I should be focusing on?

The report on title for your leasehold conveyancing in Washwood Heath should include some of the following:

Alterations to the property What remedies are open the freeholder should you have violated the provisions of the lease? The physical extent of the premises. This will be the apartment itself but could also incorporate a loft or cellar if applicable. Responsibility for maintaining the window frames

I invested in buying a studio flat in Washwood Heath, conveyancing having been completed half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Washwood Heath with an extended lease are worth £165,000. The ground rent is £45 per annum. The lease runs out on 21st October 50

With 50 years remaining on your lease we estimate the premium for your lease extension to range between £36,100 and £41,800 plus costs.

The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.

Do online conveyancing organisations do everything a local Washwood Heath solicitor does or do I still need to retain a solicitor for the final stages for my conveyancing in Washwood Heath?

Where you choose an online conveyancer they should cover all the tasks your Washwood Heath conveyancer will cover.