I instructed a local solicitor for my conveyancing in Frognal today. Going through the Ts and Cs I seeI am responsible for costs even if the sale aborts. Should I ditch them and choose an on-line firm advertising no completion no charge conveyancing in Frognal?
Generally there is a compromise along the lines that if "No Completion No Fee" is advertised then the conveyancing charges will generally be uplifted to cover the cases that do not go ahead. Also remember that these promotions generally do not protect you from outlay for instance Frognal conveyancing search costs.
I appreciate that there are debates on Chancel Insurance on online forums. Do I require this when acquiring a residence in Frognal? or I am told that there is a law dating back centuries that could mean that homeowners residing in a parish church boundary will be compelled to contribute towards maintenance towards the chancel within the church. Is this applicable for conveyancing in Frognal?
Unless a previous acquisition of the premises completed after 12 October 2013 you may assume that solicitors carrying out conveyancing in Frognal to continue to recommend a chancel search and or chancel repair liability insurance.
Are there restrictive covenants that are commonly identified as part of conveyancing in Frognal?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Frognal. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am looking for a leasehold apartment up to £305k and found one round the corner in Frognal I like with a park and station in the vicinity, the downside is that it's only got 52 years on the lease. I can't really find anything else in Frognal in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a mortgage the shortness of the lease may be problematic. 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 twenty four months you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
Back In 2001, I bought a leasehold house in Frognal. Conveyancing and Nottingham Building Society mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. Attached was a demand for arrears of ground rent dating back to 1994. The conveyancing solicitor in Frognal who acted for me is not around. Do I pay?
First make enquiries of HMLR to make sure that the individual purporting to own the freehold is in fact the new freeholder. It is not necessary to instruct a Frognal conveyancing lawyer to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
My wife and I have hit a brick wall in trying to purchase the freehold in Frognal. Can the Leasehold Valuation Tribunal adjudicate on premiums?
if there is a missing freeholder or where 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 First-tier Tribunal (Property Chamber) to decide the price payable.
An example of a Lease Extension decision for a Frognal property is Raised Ground Floor Flat 20 Fitzjohns Avenue in July 2014. the Tribunal decided that the premiums to be paid for new leases in respect of the Raised Ground Floor Flat and the First Floor Flat were to be calculated as: Raised Ground Floor: £765,175.14 First Floor: £601,617.77 This case was in relation to 2 flats. The unexpired residue of the current lease was 16.83 and 16.43.
I see that you have a search directory identifying law firms on the lender conveyancing panel. Do Frognal conveyancing companies pay you a referral fee if I retain them for my house purchase?
We are a listing service only for law firms wishing to communicate if they are on the bank conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Frognal.