How do I search for the right lawyer who will provide a first class service for my conveyancing in Battersea?
Option 1 is to ask connections who they used in the past and if they were happy with the service.
Option 2 is to search the internet for conveyancing in Battersea. Telephone a couple or more firms listed and invite them to email you their conveyancing fees and speak to the lawyer who will conduct the legal process ahead ofmaking your decision.
Third is to use this site to assist you in finding the right solicitors for you based on your individual factors including area of the property,timings, complexity and who the proposed mortgage company is. Do not be fooled by low cost conveyancing in Battersea
I am the registered owner of a freehold residence in Battersea but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Battersea and has limited impact for conveyancing in Battersea 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 date back hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
I just acquired a flat at auction in Battersea. Conveyancing is required. What is next?
Having legally bound yourself to purchase you will need to hire the services of a conveyancing practitioner quickly as you are faced with a fast approaching deadline in which to complete the deal. All auction property will have a corresponding auction set of papers. This will likely include most,if not all of the paperwork that your conveyancer requires. If you have purchased leasehold premises the auction pack should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation specific to leasehold premises. You must hand this to the conveyancer instructed by you ASAP. You also need to ensure that that you have the requisite funding in place to complete the transaction on the set completion date.
We previously selected conveyancing lawyers based in Battersea on the Virgin Money solicitor approved list. They are now charging me a supplemental amount for handling the Virgin Money mortgage. Is this a supplemental conveyancing fee specified by Virgin Money?
Provided it is contained in their Terms of Engagement or estimate then yes your solicitor is entitled to charge a fee for this. This charge is not set by Virgin Money but by your Battersea lawyer. Plenty of firms on the Virgin Money panel will charge an ‘acting for lender’ fee but plenty of firms incorporate it on their overall fee.
The mortgage over my property is with Bank of Ireland for my property in Battersea. Conveyancing has been completed some time ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Bank of Ireland?
Bank of Ireland must be informed of your intention before letting out your property as this is likely to be a breach of Bank of Ireland’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Bank of Ireland directly. It should not be necessary to do this via a Bank of Ireland conveyancing panel firm.
I am buying a house and the solicitor has raised the issue of Chancel Repair to which the house may be obligated to pay given it’s proximity to the area of such a church. He has recommended insurance. Is this strictly required for conveyancing in Battersea
Unless a prior purchase of the property completed after 12 October 2013 you could take it that conveyancing practitioners handling conveyancing in Battersea to continue to suggest a chancel search and or insurance against a claim.
I am looking for a ground for flat up to £305k and identified one close by in Battersea I like with amenity areas and station in the vicinity, however it only has 61 years on the lease. There is not much else in Battersea in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you require a home loan that many years will likely be an issue. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
How does the Landlord & Tenant Act 1954 impact my commercial offices in Battersea and how can you help?
The particular law that you refer to provides security of tenure to commercial leaseholders, giving them the legal entitlement to apply to court for a continuation of occupancy at the end of an expired lease. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Battersea is one of our numerous locations in which the firms we work with are based