Having been recommended your web site we were going to appoint conveyancing solicitor in Greenford found by you but stumbled across alternative fee calculations via the web look less pricey – how come?
You can find numerous websites advertising alleged cut-price conveyancing, unfortunately it’s common in such cases for supplementalcharges end up with the completion bill markedly uplifted. Solicitors are duty bound to ensure fees contained in terms and conditions should be transparent and reasonable raised The conveyancers that we list for conveyancing in Greenford specify all costs for the property you intend tobuy.
I purchased a freehold property in Greenford but still pay rent, why is this and what is this?
It’s unusual for properties in Greenford and has limited impact for conveyancing in Greenford 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 creation of new rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
It has been four months since my purchase conveyancing in Greenford took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. 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.
I have been on the look out for a ground for flat up to £195,000 and identified one close by in Greenford I like with a park and station in the vicinity, the downside is that it's only got 61 years on the lease. There is not much else in Greenford for this price, so just wondered if I would be making a mistake purchasing a short lease?
If you need a mortgage the shortness of the lease will be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
I'm refinancing my current property to a BTL mortgage with National Westminster Bank and intend to use the remaining equity as a down payment on another house. The location we are looking at is Greenford. Will your solicitors be able to act for the two banks and tie in the transactions?
Do use our search tool on this page to be sure that the solicitors are approved by both banks. Assuming that they are the lawyer should be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and specify your expectations and needs.
I'm remortgaging a flat in Greenford. I can find my conveyancer's company on the Law Society's list, but I can't see my lawyer's name as listed on the regulator's website. Should I be concerned?
Not all staff in the law firm must be listed by the regulator. As long there is someone qualified to 'oversee' the conveyancing, the actual day-to-day activity can be conducted by unlicensed staff.