We selected a high street solicitor for our conveyancing in Addiscombe recently. Reviewing the Terms I noteI am liable for fees even if the dealfalls through. Should I ditch them and instruct a web based solicitor practice promoting no move no charge conveyancing in Addiscombe?
Generally there is a compromise along the lines that if "No Completion No Fee" is available then the fee levels will generally be uplifted to counteract those cases that fail to complete. Also remember that such offerings tend not to protect you from expenses such your Addiscombe conveyancing search fees.
I purchased a freehold residence in Addiscombe but nevertheless pay rent, why is this and what is this?
It’s unusual for properties in Addiscombe and has limited impact for conveyancing in Addiscombe but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.
I am buying a new build house in Addiscombe with a loan from Barclays Direct. The builders refused to budge the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep advised me not to tell my conveyancer about this extras as it could affect my mortgage with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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.
In my capacity as executor for the will of my aunt I am disposing of a property in Swansea but reside in Addiscombe. My lawyer (approximately 300 miles from meneeds me to execute a statutory declaration before the transaction finalising. Could you suggest a conveyancing practitioner in Addiscombe to attest and place their company stamp on the document?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are based in Addiscombe
I have recently realised that I have 72 years left on my flat in Addiscombe. I now wish to extend my lease but my landlord is missing. What are my options?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. You will be obliged to demonstrate that you or your lawyers have done all that could be expected to track down the lessor. For most situations a specialist would be helpful to carry out a search and to produce an expert document which can be used as evidence that the freeholder is indeed missing. It is advisable to get professional help from a property lawyer both on investigating the landlord’s absence and the vesting order request to the County Court covering Addiscombe.
I am the registered owner of a basement flat in Addiscombe. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the amount payable for a lease extension?
Absolutely. We can put you in touch with a Addiscombe conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Addiscombe property is 29 Woodstock Road in April 2014. the Tribunal determined that the premiums to be paid into court in respect of the purchase of the freehold registered at HMLR under Title N0.SY3997 should be £7,217. This case related to 4 flats. The unexpired term was 98 years.
I am purchasing a property and need a conveyancing solicitor in Addiscombe who is on the lender approved panel. Can you recommend a Addiscombe or local Addiscombe conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the bank who conduct conveyancing in Addiscombe. We dont recommend any particular firm.