My wife and I have recently appointed a conveyancing solicitor in Ombersley. I I am struggling to find out whether they are on the Leeds Building Society approved list of lawyers. Can you help?
You should phone the lawyer and ask them whether they can act for the lender. Otherwise you can call Leeds Building Society who may be able to assist.
A relative advised me that if I am purchasing in Ombersley I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes included in the estimate for your Ombersley conveyancing searches. It is a large report of more than thirty pages, listing and detailing significant information about Ombersley around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Ombersley Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Ombersley Education with plans and statistics, Local Amenities and other useful data about Ombersley.
Due to the input of my in-laws I had a survey completed on a property in Ombersley ahead of instructing solicitors. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some banks will refuse to give a loan on such a property.
It varies from the lender to lender. HSBC has different requirements from Nationwide. Should you wish to telephone us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Ombersley. Conveyancing will be smoother if you use a solicitor in Ombersley especially if they are familiar with such properties in Ombersley.
Completion is due on our sale of a £175,000 flat in Ombersley on Friday in a week. The freeholder has quoted £384 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is the landlord entitled to charge exorbitant fees for a flat conveyance in Ombersley?
Ombersley conveyancing on leasehold flats typically necessitates administration charges invoiced by landlords agents :
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Addressing conveyancing due diligence questions
Where consent is required before sale in Ombersley
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I own a ground floor flat in Ombersley, conveyancing was carried out February 1995. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Ombersley with an extended lease are worth £202,000. The average or mid-range amount of ground rent is £60 invoiced every year. The lease finishes on 21st October 2081
With 57 years left to run we estimate the premium for your lease extension to be between £28,500 and £33,000 as well as professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.
I have just placed an offer on a leasehold flat in Ombersley and the estate agent that we are dealing with suggested his lawyer. He quoted £800 plus VAT and 3rd party costs. Does this sound steep?
Don't just go on a single quote. You should seek like-for-like quotes for your conveyancing in Ombersley. Then pick one that you are comfortable with and just as important, is on the approved list of the mortgage company that you are sourcing your mortgage from.