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Find a Ludlow Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Ludlow? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Ludlow transaction at risk of delay or failure.

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Recently asked questions about conveyancing in Ludlow

I am acquiring a property without a mortgage in Ludlow. I have lived for the last Seventeen years in Ludlow. Conveyancing searches are expensive. Given that I have knowledge of the area and road intimately should I not bother getting the solicitor to do all the conveyancing searches?

In the absence of a mortgage, then almost all of the Ludlow conveyancing searches are at your discretion. Your solicitor will ’encourage you, no-doubt strongly, that you should have searches done, but he has a professional duty to do this. One thing to consider; if you are likely to sell the house one day, it will likely be be of relevance to your future buyer what the searches determine. There are plenty of instances where properties with apparent issues can still show up adverse search results. A good conveyancing solicitor in Ludlow should be able to give you some sensible advice concerning this.

Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what should have been a simple, no chain conveyancing. Ludlow is where the house is located. Can you offer any opinion?

Flying freeholds in Ludlow are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Ludlow you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ludlow may ascertain 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 residence.

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

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

I am looking for a conveyancing solicitor in Ludlow for my sale. Is there any facility to see a solicitor's record with the profession’s regulator?

One can review documented Solicitor Regulator Association (SRA) determinations resulting from investigations commenced on or after 1 January 2008. Visit Check a solicitor's record. To find details Pre 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, call +44 (0)121 329 6800. The regulator may monitor telephone calls for training purposes.

Can you offer any advice when it comes to appointing a Ludlow conveyancing practice to deal with our lease extension?

When appointing a property lawyer for your lease extension (regardless if they are a Ludlow conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We advise that you talk with several firms including non Ludlow conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be of use:

    If they are not ALEP accredited then what is the reason?

I own a 1st floor flat in Ludlow, conveyancing having been completed 10 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Ludlow with a long lease are worth £180,000. The ground rent is £65 invoiced annually. The lease terminates on 21st October 2084

With only 59 years remaining on your lease the likely cost is going to range between £20,900 and £24,200 as well as professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.

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Neighbouring Locations

Craven Arms
Ludlow
Leominster
Tenbury Wells

Find out more about how flying freehold can affect your the value of a property.