I have todaydiscovered that Action Conveyancing have been shut down. They carried out my conveyancing in Edgbaston for a purchase of a leasehold apartment 9 months ago. How can I be sure that the property is registered correctly in the name of the previous owner?

The quickest way to see if the premises is registered to you, you can carry out 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 Edgbaston conveyancing specialists.

I'm purchasing my first flat in Edgbaston with a mortgage from Accord Mortgages Ltd. The builders refused to reduce the amount so I negotiated 6k of fixtures and fittings instead. The estate agent told me not inform my lawyer about this side-deal as it would adversely affect my mortgage with Accord Mortgages Ltd. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Hoping to buy a property located in Edgbaston and I am already nervous. I couldn't find anything specific about Edgbaston. Conveyancing will be needed in due course but do you know about the Edgbaston area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Edgbaston. In the meantime here are some basic statistics that we found

I am attracted to a two flats in Edgbaston which have approximately forty five years unexpired on the lease term. should I be concerned?

There is no doubt about it. A leasehold flat in Edgbaston is a wasting asset as a result of the shortening lease. The closer the lease gets to its expiry date, the more it adversely affects the marketability of the premises. For most buyers and lenders, leases with less than 75 years become less and less attractive. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a residence with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Edgbaston conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. A more straightforward and quicker method of extending would be to contact your landlord directly and sound him out on the prospect of extending the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

I bought a 2 bed flat in Edgbaston, conveyancing formalities finalised December 2009. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Edgbaston with a long lease are worth £176,000. The ground rent is £50 charged once a year. The lease terminates on 21st October 2075

With only 50 years remaining on your lease we estimate the price of your lease extension to be between £31,400 and £36,200 plus plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more detailed due diligence. You should not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.

I purchased a house in Edgbaston last 7/8/2024 and to date it is still not registered with the Land Registry. It was part of a new estate and my solicitor told me that it may take over a year to register. I have called HMLR directly and they have informed me the initial application was cancelled due to questions not being addressed in time. Do I need to be concerned?

Call your lawyer - if you are not getting sensible responses, find out about their internal complaints process and escalate your problem to a Partner. Registrations for Edgbaston conveyancing are not known to be significantly delayed.