We see that you have a search directory identifying firms on the Coventry BS conveyancing panel. Do companies pay you a commission if I appoint them for our own conveyancing in Knighton?
We are a listing service only for law firms wishing to communicate if they are on the Coventry BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Knighton.
I am remortgaging my apartment in Knighton, does my lawyer have to be on the Nottingham Conveyancing panel?
There is nothing to stop you using your solicitor, but Nottingham will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
How does conveyancing in Knighton differ for newly converted properties?
Most buyers of new build property in Knighton come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is built. This is because builders in Knighton typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Knighton or who has acted in the same development.
I am 14 days into a residential purchase having been referred to conveyancers by the selling agent to execute conveyancing in Knighton. We are not happy. Can you help me find new solicitors?
They would have to be really bad in order to consider changing them. Has your mortgage offer been generated? If so you must inform them of the new contact details and have the mortgage documents are re-issued. The conveyancer should be on the lenders approved list to avoid added costs and delays. That should be your first question of the new solicitors. The find a solicitor tool should assist you in finding a bank approved lawyer for your home move in Knighton
I only have 62 years remaining on my flat in Knighton. I now wish to get lease extension but my freeholder is absent. What options are available to me?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the magistrate. However, you will be required to prove that you have used your best endeavours to locate the landlord. On the whole a specialist should be helpful to carry out a search and prepare an expert document which can be accepted by the court as evidence that the landlord can not be located. It is advisable to get professional help from a conveyancer in relation to devolving into the landlord’s disappearance and the vesting order request to the County Court overseeing Knighton.
I acquired a 1 bedroom flat in Knighton, conveyancing was carried out March 1997. 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? Equivalent flats in Knighton with an extended lease are worth £176,000. The ground rent is £55 yearly. The lease terminates on 21st October 2074
With only 50 years remaining on your lease the likely cost is going to span between £31,400 and £36,200 as well as costs.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.