Please could you suggest a Platform Home Loans Ltd approved Broadstairs conveyancing lawyer that can complete within a short deadline? Am I best advised to go for a high street Broadstairs conveyancer or a web based comparison site?
We can recommend some very good Broadstairs conveyancing firms. Another option is to visit the main road in Broadstairs. Approach some well established firms and ask to speak with a conveyancing solicitor for a fee estimate. Explain your time frames together with the reasons and get an assurance on your deadline. Select the lawyer that genuine.
I purchased a freehold premises in Broadstairs but still pay rent, why is this and what is this?
It’s unusual for properties in Broadstairs and has limited impact for conveyancing in Broadstairs 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 creation of new rentcharges from 1977 onwards.
Old 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.
four months have elapsed since my purchase conveyancing in Broadstairs completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. 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 residence 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.
How does conveyancing in Broadstairs differ for newly converted properties?
Most buyers of new build property in Broadstairs come to us having been asked by the builder to exchange contracts and commit to the purchase even before the house is built. This is because builders in Broadstairs usually acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Broadstairs or who has acted in the same development.
I decided to have a survey done on a property in Broadstairs in advance of retaining lawyers. I have been advised that there is a flying freehold aspect to the property. The surveyor has said that some banks may not issue a mortgage on a flying freehold property.
It varies from the lender to lender. Lloyds has different requirements for example to Nationwide. If you contact us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Broadstairs. Conveyancing will be smoother if you use a solicitor in Broadstairs especially if they are accustomed to such properties in Broadstairs.
I am a sole trader wishing to lease a unit on the high street. Can you recommend solicitors offering no-move-no fees for commercial conveyancing in Broadstairs for below 2k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Broadstairs, including the sale and purchase of businesses as well as simply property. Whether you are looking to buy or lease a shop, pub, restaurant, office, retail unit or a complete business we will find you the right lawyer. Regarding the charges these will vary based on the structure and heads of terms of the deal. Please provide us with your details or telephone so as to enable us to furnish you with a fixed commercial conveyancing quote.