We are soon to complete buying a house in Frimley but as a result of wreckage from a small fire at the property I have managed to agree compensation from the vendor of six thousand pounds in the form of a adjustment in the price. I had intended this to be addressed as part of the conveyancing process however RBS will not permit this. Should they have been notified?
Your solicitor being on the RBS approved list is obliged to advise RBS of any changes to the sale price. If you were to refuse your property lawyer to report the price change to RBS then they would have to discontinue acting for you. In addition, RBS and you would have to appoint a new conveyancing practitioner for your conveyancing in Frimley.
I completed on my flat on 13 August and the transaction details is not yet on the land registry website. Any reason for this? My conveyancing solicitor in Frimley said it would be concluded in a couple of weeks. Are titles in Frimley particularly slow to register?
As far as conveyancing in Frimley is concerned, registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timeframes can adjust subject to the party submitting the application, whether it is in order and if the Land registry communicate with any interested parties. At present roughly three quarters of submission are fully dealt with in less than three weeks but occasionally there can be protracted hold-ups. Historically registration occurs after the purchaser is living at the property so 'speed' is not typically primary concern but where there is a degree of urgency associated with the registration then you or your conveyancer could communicate with the Registry to express the reasoning for an expedited registration.
Due to the encouragement of my in-laws I had a survey completed on a house in Frimley in advance of instructing solicitors. I have been told that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies tend refuse to grant a mortgage on such a home.
It varies from the lender to lender. Lloyds has different instructions for example to Halifax. If you contact us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Frimley. Conveyancing will be smoother if you use a solicitor in Frimley especially if they are accustomed to such properties in Frimley.
My husband and I are 18 days into a freehold purchase having been directed to a firm by the selling agent to handle our conveyancing in Frimley. I am not happy. Can you help me find new conveyancers?
They would have to be really bad to suggest replacing them. Has the mortgage offer been sent? If so you must advise them of the replacement solicitor and ensure the loan are re-sent. Your new solicitor ideally needs to be on the banks approved list to avoid escalating costs and complications. That should be your first question of the new solicitors. The find a solicitor tool should assist you in finding a lender approved lawyer for your home move in Frimley
I today plan to offer on a house that seems to meet my requirements, at a great price which is making it all the more appealing. I have subsequently found out that the title is leasehold rather than freehold. I am assuming that there are issues purchasing a leasehold house in Frimley. Conveyancing solicitors have not yet been appointed. Will my lawyers set out the implications of buying a leasehold house in Frimley ?
The majority of houses in Frimley are freehold rather than leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can help the conveyancing process. We note that you are purchasing in Frimley so you should seriously consider shopping around for a Frimley conveyancing solicitor and check that they have experience in advising on leasehold houses. As a matter of priority you will need to check the number of years remaining. As a lessee you will not be entirely free to do whatever you want with the house. The lease comes with conditions such as requiring the landlord’sconsent to conduct changes to the property. It may be necessary to pay a maintenance charge towards the upkeep of the estate where the house is located on an estate. Your solicitor should appraise you on the various issues.
Leasehold Conveyancing in Frimley - Examples of Queries Prior to Purchasing
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Plenty Frimley leasehold properties will incur a service bill for the upkeep of the building levied by the management company. Where you buy the property you will have to pay this contribution, usually quarterly accross the year. This could be anything from a few hundred pounds to thousands of pounds for buildings with lifts and large communal areas. There will also be a rentcharge to be met annual, this is usually not a exorbitant sum, say around £25-£75 but you need to enquire as sometimes it could be many hundreds of pounds. Is anyone aware of any major works on the horizon that will likely add a premium to the maintenance charges? It would be prudent to enquire if there is anything that is prohibited in the lease. For example it is reasonably common in Frimley leases that pets are not allowed in certain buildings in Frimley. If you love the propertyin Frimley yet your dog can’t move with you then you will be presented with a hard choice.
Our estate agent has suggested using their lawyer for our conveyancing in Frimley - Is it not simpler easier to just instruct them?
It is not always the case and you are free to instruct whichever property lawyer you prefer for your Frimley home move. The solicitor recommended by a 3rd party adviser may not always be the best conveyancing practitioner, they may put forward their own conveyancing firm who are based far away. In this instance you may not have contact with your property lawyer and due to the lack of continuity in the transaction, it may be difficult to obtain progress reports.