I understand that there are debates on Chancel Insurance on online forums. Do I need this when acquiring a house in Shropshire? or Apparently there is a law dating back centuries that could mean that house owners living in a parish church boundary will be compelled to pay for maintenance to the chancel in proximity to the church. Is this appropriate for conveyancing in Shropshire?
Unless a prior purchase of the property took place after 12 October 2013 you may take it that conveyancing practitioners handling conveyancing in Shropshire to continue to recommend a chancel search and or insurance against a claim.
I have todaybeen informed that Action Conveyancing have been shut down. They conducted my conveyancing in Shropshire for a purchase of a leasehold flat 12 months ago. How can I be sure that the property is not still registered in the name of the previous owner?
The easiest method to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Shropshire conveyancing specialists.
I am looking to sell my house. My previous lawyers have shut. I am in need of a recommendation of a conveyancing firm. I happen to live in Shropshire if that makes a difference.
You should use our search tool to help you choose a solicitor for your conveyancing in Shropshire. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
I am attracted to a two maisonettes in Shropshire both have about 50 years remaining on the leases. should I be concerned?
A lease is a right to use the premises for a period of time. As the lease shortens the marketability of the lease deteriorates and it becomes more costly to extend the lease. This is why it is generally wise to increase the term of the lease. Sometimes it is difficulties arise selling premises with a short lease because mortgage lenders less inclined to grant a loan on properties of this type. Lease enfranchisement can be a difficult process. We advise that you get professional help from a solicitor and surveyor with experience in this area.
I bought a 2 bed flat in Shropshire, conveyancing was carried out in 2012. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Shropshire with a long lease are worth £180,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease comes to an end on 21st October 2083
With just 59 years remaining on your lease the likely cost is going to range between £20,900 and £24,200 plus legals.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.
My partner and I are purchasing a ground floor flat in Shropshire. At the time of instructing our conveyancer, we were told they were on all mainstream lender panels. Our financial adviser called just now to say that they don't appear to be on the Nationwide approved list. Should that be true, what should we do? Should we simply choose a new conveyancing practitioner that is on their panel or should we cover the costs for separate representation, with Nationwide selecting their own approved solicitor.
If you are acquiring a property needing a mortgage it is conventional for the buyer’s lawyers to also represent the purchaser's lender. In order to act for a bank or building society a solicitor has to be on that lender's conveyancing panel. An application has to be made by the conveyancing practitioner to the lender to become a member of the lender's panel and there are increasingly strict criteria which the conveyancing practitioner has to fulfill. Some building societies now require their panel firms to be part of the Law Society’s Conveyancing Quality Scheme. Your solicitor should contact Nationwide to discover if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on Nationwide's conveyancing panel as you are at liberty to use your preferred Shropshire lawyers, in which case your legal fees may increase, and it may delay matters as you are adding another solicitor into the mix.