I am in the throes of swapping over from my current residential mortgage to a BTL Clydesdale mortgage. I have been informed by my broker that I need a conveyancer for this. I got in contact with my former Datchet and Langley conveyancing practitioner who acted on my behalf when I originally acquired the house. The quote they've given of £550 has taken me by surprise as I am not require purchase conveyancing - it’s simply a straightforward remortgage.
The estimate does seem a tad steep. If you you were to look around you may be able to get the conveyancing a bit cheaper by say £125. That being said, providing that you were happy with the service the firm gave you couldlive to rue choosing an a cheaper conveyancer. Remember to check the firm can also act for Clydesdale. Do make use of our search tool to find a Datchet and Langley conveyancing firm on the Clydesdale conveyancing panel, which can often include conveyancing solicitors in Datchet and Langley.
I own a freehold property in Datchet and Langley but still charged rent, why is this and what is this?
It is rare for properties in Datchet and Langley and has limited impact for conveyancing in Datchet and Langley 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 establishment of fresh 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 after 2037 will be dispensed with completely.
How does conveyancing in Datchet and Langley differ for new build properties?
Most buyers of new build premises in Datchet and Langley come to us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is finished. This is because house builders in Datchet and Langley tend to purchase the site, 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 accustomed to new build conveyancing in Datchet and Langley or who has acted in the same development.
I am looking for a ground for flat up to £305k and found one near me in Datchet and Langley I like with open areas and station in the vicinity, the downside is that it's only got 61 remaining years left on the lease. I can't really find anything else in Datchet and Langley suitable, so just wondered if I would be making a mistake acquiring a short lease?
If you require a mortgage the remaining unexpired lease term will be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
Is it simple use the search app to find a conveyancing lawyer in Datchet and Langley on the approved list for my mortgage?
First pick a bank such as Santander, Barnsley Building Society or Britannia then specify your preferred area e.g. Datchet and Langley. Conveyancing practices in Datchet and Langley and beyond will then be listed.
Having had my offer accepted I require leasehold conveyancing in Datchet and Langley. Before I set the wheels in motion I would like to find out the unexpired term of the lease.
If the lease is registered - and almost all are in Datchet and Langley - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
After months of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Datchet and Langley. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Absolutely. We can put you in touch with a Datchet and Langley conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Datchet and Langley flat is 164 Nestles Avenue in October 2013. The tribunal agreed with the proposed price of £20,158 for the freehold and determined that that sum is the amount to be paid into court This case affected 2 flats. The unexpired term as at the valuation date was 69 years.