The Broad Haven conveyancing firm handling our Broad Haven conveyancing has uncovered an inconsistency when comparing the assumptions in the home valuation report and what is in the legal papers for the property. My solicitor says that he is duty bound to check that the bank is OK with this discrepancy and is still content to lend. Is my solicitor’s stance right?
Your property lawyer must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
I own a freehold premises in Broad Haven but nevertheless charged rent, why is this and what is this?
It is rare for properties in Broad Haven and has limited impact for conveyancing in Broad Haven 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 many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The lawyers who handled the conveyancing in Broad Haven 4 years ago have long since closed. What are my options?
Nowadays there are duplicates made of almost everything, and your conveyancer should be aware precisely where to find all the relevant documentation so you may purchase or dispose of your property without a hitch. Where copies are not available, your solicitor can put in place insurance or indemnities against possible claims on your property.
I decided to have a survey completed on a house in Broad Haven ahead of instructing solicitors. I have been told that there is a flying freehold element to the house. The surveyor has said that some lenders may not grant a mortgage on this type of home.
It varies from the lender to lender. Lloyds has different instructions for example to Birmingham Midshires. If you contact us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Broad Haven. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Broad Haven to see if the conveyancing will be more expensive.
I am a sole trader hoping to take an assignment of a lease of an office on the high street. Can you recommend lawyers offering no-sale-no charges for non-domestic conveyancing in Broad Haven for under £1,200?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Broad Haven, including the disposal and purchase of businesses as well as simply premises. If you are hoping to purchase or sell a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right firm. As for the costs these will vary based on the structure and heads of terms of the deal. Let us have your contact information or email so as to enable us to supply you with a detailed commercial conveyancing quote.
My husband and I are first time buyers - had an offer accepted, yet the estate agent told us that the vendor will only issue a contract if we use their chosen solicitors as they need an ‘expedited deal’. We would rather use a high street solicitor with experience of conveyancing in Broad Haven
We suspect that the owner is not behind this ultimatum. Should the seller want ‘a quick sale', alienating a motivated buyer is counter productive. Speak to the owners direct and explain that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)however you will continue to instruct your preferred Broad Haven conveyancing solicitors - as opposed tothose that will provide their estate agent a commission or meet his conveyancing targets set by corporate headquarters.