We went with a high street lawyer for my conveyancing in Frenchay recently. Looking through the official terms of business it is apparent thatI am on the hook for costs even where the transaction does not complete. Should I ditch them and use an internet solicitor practice advertising no move no charge conveyancing in Frenchay?
It is usually ‘give and take’ in that if "No Completion No Fee" is offered then the conveyancing charges will tend to be be more expensive to neutralise the transactions that do not go ahead. Do bear in mind that these arrangements tend not to cover outlay for example Frenchay conveyancing search costs.
I require fast conveyancing in Frenchay as I am under a deadline to complete in less than 4 weeks. Luckily I do not need a mortgage. Can I avoid the conveyancing searches to save fees and time?
If.Given you are not taking a mortgage you are at liberty not to do searches although no conveyancer would recommend that you don't. With plenty of history conveyancing in Frenchay the following are examples of what can appear and therefore impact future mortgageability: Enforcement Actions, Overdue Fees, Outstanding Grants, Road Schemes,...
I have todaybecome aware that Action Conveyancing have closed. They conducted my conveyancing in Frenchay for a purchase of a leasehold flat 12 months ago. How can I be sure that the property is in my name in the name of the former proprietor?
The easiest way to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Frenchay conveyancing specialists.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a quick, chain free conveyancing. Frenchay is the location of the property. Can you offer any guidance?
Flying freeholds in Frenchay are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Frenchay you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Frenchay may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
Having had my offer accepted I require leasehold conveyancing in Frenchay. Before I get started I would like to find out the remaining lease term.
Assuming the lease is recorded at the land registry - and almost all are in Frenchay - 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.
I inherited a 1 bedroom flat in Frenchay, conveyancing having been completed in 1998. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Frenchay with a long lease are worth £260,000. The ground rent is £45 charged once a year. The lease terminates on 21st October 2099
With 74 years left to run the likely cost is going to be between £8,600 and £9,800 plus professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.
My lawyers in Frenchay have advised me that they can not locate my conveyancing file. To assist with my purchase I took out a mortgage with the lender. Is it case that being on the mortgage company conveyancing panel they need to have retained the file for a prescribed period?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the lender Conveyancing Panel Terms. It might be worth you contacting the bank directly.