Willinstructing a Charterhouse conveyancing firm make the legal process smoother?
On the whole conveyancing lawyers in your area will have strong alliances with your local authority, which could help with the Charterhouse conveyancing searches that your solicitor will inevitably need. It can only assist if they enjoy existing rapport with the Land Registry in your area Charterhouse, other lawyers in the location and Charterhouse selling agents.
I am the registered owner of a freehold property in Charterhouse but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Charterhouse and has limited impact for conveyancing in Charterhouse 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 generation of new rentcharges post 1977.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.
Can I be sure that the Charterhouse conveyancing solicitor on the TSB panel is any good?
When it comes to conveyancing in Charterhouse getting recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the solicitor conducting your conveyancing.
The formalities of my remortgage has taken place for my property in Charterhouse. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. In most cases complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
After what feels like an age I have had an offer on an apartment in Charterhouse agreed to, the owners do nevertheless have a connected purchase. The vendors have offered on on an apartment, but it’s not yet tied up, and are looking at other flats in the pipeline. I have instructed a local conveyancing solicitor in Charterhouse. What should be my next step? When do I get the mortgage application with Barclays going?
It is normal to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of one thousand pounds, then survey, Charterhouse conveyancing search charges, etc). First, you should check that your lawyer is on the Barclays conveyancing panel. Concerning the subsequent phase this very much depends on the specifics of your transaction, desire for this property and on the state of the market. In a rising market many buyers would apply for the mortgage with Barclays and pay for the valuation and only if it comes back ok would they pay their lawyer to press on with searches.
I own a semi-detached Edwardian property in Charterhouse. Conveyancing lawyer represented me and Barclays . I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold with the exact same address. Is it worth asking Barclays to clarify?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Charterhouse and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with your conveyancing practitioner who conducted the conveyancing.
I am 14 days into a freehold purchase having been referred to a firm by the local agent to do our conveyancing in Charterhouse. I am am starting to be dissatisfied with the quality of service. Can you you assist me in finding new conveyancers?
A lawyer would need to be really bad to suggest replacing them. Has the loan offer been sent? If so you need to make them aware of the replacement conveyancer and have the offer are re-sent. Your new solicitor ideally needs to be on the lenders approved list to avoid supplemental expenses and delays. So that should be your first question of the new solicitors. Our search tool should assist you in finding a lender approved solicitor for your home move in Charterhouse
I own a ground floor flat in Charterhouse. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the amount payable for a lease extension?
if there is a absentee freeholder or if there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to arrive at the sum to be paid.
An example of a Lease Extension case for a Charterhouse property is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case was in relation to 1 flat. The number of years remaining on the existing lease(s) was 66.8 years.
Are there common deficiencies that you see in leases for Charterhouse properties?
There is nothing unique about leasehold conveyancing in Charterhouse. All leases are unique and drafting errors can sometimes mean that certain clauses are wrong. For example, if your lease is missing any of the following, it could be defective:
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A provision for the recovery of money spent for the benefit of another party.
You may encounter difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Barclays , The Royal Bank of Scotland, and TSB all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to grant the mortgage, forcing the purchaser to pull out.