A mortgage agreement from Nationwide for the refinancing of my single room apartment is to be issued any day now. Are you able to suggest a low cost conveyancing law firm in Clapham and Salph End?
This site is not designed to aid those in pursuit of the cheapest conveyancing in Clapham and Salph End. Our aim is to provide cost effective conveyancing but our intention is not to work with the cheapest lawyers. Avoid the trap of appointing companies teasing you with £100 conveyancing in Clapham and Salph End. At best, in deciding on low cost conveyancing, you will get your money’s worth and at worst it will result in you invoiced for additional fees and still not get the service required.
I am the registered owner of a freehold residence in Clapham and Salph End but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Clapham and Salph End and has limited impact for conveyancing in Clapham and Salph End 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 extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
We are selling our home in Clapham and Salph End. Will my solicitor need to be required to be on the Aldermore conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Aldermore conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently currently.
five months have elapsed since my purchase conveyancing in Clapham and Salph End completed. I have checked the Land Registry site which shows that I paid £150,000 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 asset 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.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and identified one round the corner in Clapham and Salph End I like with amenity areas and transport links nearby, however it only has 52 years on the lease. There is not much else in Clapham and Salph End in this price bracket, so just wondered if I would be making a grave error buying a short lease?
If you need a home loan that many years may be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you may request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this.
Please specify the differing property law services that Clapham and Salph End conveyancing firms provide?
Almost all Clapham and Salph End conveyancing practices tend to provide a number of services to domestic and agricultural land owners, sellers, investors, landlords and tenants which may include:
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Standard residential sale conveyancing in Clapham and Salph End and beyond
Domestic purchase conveyancing in Clapham and Salph End and countrywide
‘Buy to let’ and investment property issues Shared ownership and shared equity scheme Buying and selling of garden land Buying and selling at auction