Can the conveyancing practitioners identified through your search tool conduct auction conveyancing in Colnbrook?
We know of a few auction practitioners we can put you in touch with those specialising in auction conveyancing. Colnbrook is one of the many locations where our lawyers have offices.
Is there a reason why leasehold purchase conveyancing in Colnbrook is more expensive?
Colnbrook leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
My Solicitor in Colnbrook is not listed on the Accord Mortgages Ltd Solicitor Panel. Is it possible for me to continue with my family solicitor notwithstanding that they are excluded from the Accord Mortgages Ltd panel of approved conveyancing solicitors?
Your options are as follows:
- Carry on with your preferred Colnbrook lawyers but Accord Mortgages Ltd will need to use a lawyer on their list of acceptable firms. This will inevitably rack up the total conveyancing charges and cause delays.
- Find an alternative solicitor to act in the purchase, obviously checking they are Convince your lawyer to do everything within their powers to join the Accord Mortgages Ltd conveyancing panel
I'm converting the mortgage on my existing home to a BTL loan with Nottingham Building Society and I will use the ballance of the raised equity towards a second property. The neighborhood we are talking about is Colnbrook. Will your lawyers be able to act for both sets of mortgage companies and link together the two deals?
Do use our search tool on this page to ensure that the conveyancers are approved by both mortgage companies. Assuming that they are the lawyer will be able to tie up the two transactions but you should have a chat with you solicitor and specify your desired outcome and requirements.
My wife and I purchased a leasehold flat in Colnbrook. Conveyancing and Aldermore mortgage went though with no issue. A letter has just been received from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1991. The conveyancing practitioner in Colnbrook who previously acted has long since retired. Any advice?
The first thing you should do is make enquiries of HMLR to be sure that this person is in fact the new freeholder. You do not need to incur the fees of a Colnbrook conveyancing lawyer to do this as it can be done on-line for a few pound. You should note that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I inherited a 2 bed flat in Colnbrook, conveyancing formalities finalised half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Similar flats in Colnbrook with an extended lease are worth £185,000. The average or mid-range amount of ground rent is £65 invoiced annually. The lease terminates on 21st October 2084
With only 60 years left to run we estimate the price of your lease extension to span between £20,000 and £23,000 as well as professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.