I am not in a position to travel far from Brandesburton. I would like to know the reason why all Brandesburton solicitors are not on all bank panels?

Banks point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year.The removal of law firms from lender panels started with the rise in mortgage fraud, which prompted a thematic review by the FSA in 2011. Its conclusions included recommendations for lending institutions to review their conveyancing panels, which triggered a major policy change in the sector. This led to mortgage companies removing a number of firms off their panel of approved conveyancers .

I purchased a freehold residence in Brandesburton but still invoiced for rent, why is this and what is this?

It’s unusual for properties in Brandesburton and has limited impact for conveyancing in Brandesburton but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.

Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.

I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Brandesburton. My lender is The Mortgage Works

The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 10/11/2024, the requirements read as follows :

Due to the guidance of my in-laws I had a survey completed on a house in Brandesburton before retaining conveyancers. I have been advised that there is a flying freehold element to the property. The surveyor advised that some banks will refuse to issue a mortgage on this type of home.

It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Brandesburton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Brandesburton to see if the conveyancing costs will increase in light of this.

My company is hoping to take over a lease of an office on a shopping parade. Can you recommend lawyers offering no-move-no fees for commercial conveyancing in Brandesburton for below £2000?

We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Brandesburton, including the disposal and purchase of businesses as well as simply premises. If you are hoping to purchase or dispose of a shop, pub, restaurant, office, retail premises or a whole business we can find you the right solicitor. Regarding the charges this will depend on the structure and complexity of the proposed transaction. Let us have your details or email so as to enable us to provide you with a fixed commercial conveyancing calculation.