Can your site be used to locate a Conveyancing solicitor in Abbots Bromley even where I’m not purchasing or selling a house, for instance where I want to acquire a shop in Abbots Bromley with a loan from Chelsea Building Society?

The service is primarily utilised to locate residential conveyancing solicitors in Abbots Bromley but we have recorded towards the end of this page a selection of Abbots Bromley commercial conveyancing firms. You should make contact with the solicitors directly to see if they can also act for Chelsea Building Society

Should our conveyancer be making enquiries about flooding as part of the conveyancing in Abbots Bromley.

The risk of flooding is if increasing concern for solicitors dealing with homes in Abbots Bromley. There are those who acquire a house in Abbots Bromley, completely expectant that at some time, it may be flooded. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or dispose of the property. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.

Solicitors are not best placed to impart advice on flood risk, but there are a numerous searches that can be undertaken by the purchaser or by their solicitors which should give them a better understanding of the risks in Abbots Bromley. The standard information supplied to a buyer’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual inquiry of the vendor to discover if the premises has suffered from flooding. In the event that the property has been flooded in past which is not notified by the seller, then a purchaser may issue a claim for damages resulting from an inaccurate response. The buyer’s lawyers should also conduct an environmental search. This will higlight if there is a recorded flood risk. If so, additional investigations should be initiated.

I've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what should have been a quick, no chain conveyancing. Abbots Bromley is where the house is located. Can you shed any light on this issue?

Flying freeholds in Abbots Bromley are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Abbots Bromley you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Abbots Bromley may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

Is it best to use a Abbots Bromley conveyancing practitioner who is local to the property I am hoping to buy? I have an old university friend who can deal with the conveyancing however her office is approximately 350kilometers away.

The benefit of a local Abbots Bromley conveyancing practice is that you can pop in to sign paperwork, hand in your identification documents and apply pressure on them if necessary. They will also have local knowledge which is a bonus. That being said it's more important to get someone that will do a good and efficient job. If if people you trust instructed your friend and in the main were happy that must outweigh using an unfamiliar Abbots Bromley conveyancing lawyer just because they are round the corner.

Do you have any top tips for leasehold conveyancing in Abbots Bromley with the purpose of speeding up the sale process?

• Much of the frustration in leasehold conveyancing in Abbots Bromley can be reduced where you appoint lawyers as soon as you market your property and ask them to collate the leasehold documentation which will be required by the purchasers’ conveyancers.
You may think that you are aware of the number of years left on your lease but it would be wise to verify this via your lawyers. A buyer’s lawyer will not be happy to advise their client to where the remaining number of years is under 75 years. It is therefore essential at an early stage that you identify whether the lease term requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale. Some Abbots Bromley leases require Licence to Assign from the landlord. If this is the case, you should notify your estate agents to make sure that the purchasers obtain financial (bank) and professional references. The bank reference will need to confirm that the buyers are able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their lawyers. If you have carried out any alterations to the property would they have required Landlord’s approval? Have you, for example installed wooden flooring? Abbots Bromley leases often stipulate that internal structural alterations or addition of wooden flooring calls for a licence from the Landlord consenting to such works. Should you dont have the paperwork in place you should not communicate with the landlord without contacting your lawyer before hand.

I own a 2 bed flat in Abbots Bromley, conveyancing having been completed in 2003. Can you work out an approximate cost of a lease extension? Comparable properties in Abbots Bromley with over 90 years remaining are worth £181,000. The ground rent is £55 yearly. The lease expires on 21st October 2076

With just 51 years unexpired we estimate the price of your lease extension to span between £30,400 and £35,200 plus costs.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed investigations. You should not use the figures in tribunal or court proceedings. There may be other 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.