Can I use your services to find a Conveyancing solicitor in Sully even where I’m not purchasing or disposing of a house, for instance where I want to acquire a shop in Sully with a mortgage from Birmingham Midshires?

The service is primarily used to help choose domestic conveyancing solicitors in Sully but we have listed at the end of this page some Sully commercial conveyancing firms. You should enquire with the company directly to see if they can also act for Birmingham Midshires

It has been five months since my purchase conveyancing in Sully concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I have been on the look out for a leasehold apartment up to £245,000 and identified one near me in Sully I like with a park and transport links in the vicinity, the downside is that it's only got 61 years on the lease. There is not much else in Sully in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?

Should you need a home loan the remaining unexpired lease term will be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least twenty four months you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.

Is it simple use your search facility to locate a conveyancing practitioner in Sully on the panel for my lender?

First select a lender such as Nationwide Building Society, Virgin Money or Bank of Ireland then choose your location such as Sully. Conveyancing firms in Sully and across England and Wales should be listed.

I am employed by a long established estate agent office in Sully where we have experienced a number of leasehold sales put at risk as a result of leases having less than 80 years remaining. I have been given contradictory information from local Sully conveyancing firms. Please can you confirm whether the owner of a flat can start the lease extension process for the purchaser on completion of the sale?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the disposal of the property.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

Sully Leasehold Conveyancing - Sample of Questions you should consider Prior to buying

The answer will be helpful as a) areas could result in problems for the building as the common areas may start to deteriorate where repairs are not paid for b) if the tenants have an issue with the managing agents you will want to have complete disclosure Best to be warned if window replacement or some other significant cost is anticipated that will be shared by the tenants and will materially impact the level of the maintenance costs or result in a one off payment. How many of the leaseholders are in arrears for their maintenance charge payments?