I went with a high street firm for my conveyancing in Hazel Grove recently. Reviewing the fine print I notewe are responsible for charges even if the sale doesn't happen. Should I ditch them and use a web based lawyer promoting no-sale-no-fee conveyancing in Hazel Grove?
Generally there is a compromise along the lines that if "No Sale No Fee" is advertised then the fee levels will tend to be be higher to neutralise the conveyances that do not go ahead. Also remember that such arrangements generally do not cover expenditure e.g. Hazel Grove conveyancing search charges.
I own a freehold property in Hazel Grove but nevertheless pay rent, why is this and what is this?
It’s unusual for properties in Hazel Grove and has limited impact for conveyancing in Hazel Grove 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 creation of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
The Hazel Grove conveyancing lawyers that I appointed last week on my house acquisition in Hazel Grove have suddenly shut down. I chose them because I needed a firm on the Santander conveyancing panel and my preferred Hazel Grove lawyer was not. I gave my credit card details for them to take £195 for searches. What should be my next steps?
If you have an estate agent involved then let them know straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Santander conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to help.
I am assisting my mother sell her house in Hazel Grove. Will the conveyancing solicitor arrange the energy assessment or should I organise this?
Following the abolition of Home Packs, EPC’s was retained a mandatory component of moving property. An EPC needs to be commissioned in advance of the property being put on the market. This is not something that conveyancers normally arrange. If you are using a Hazel Grove conveyancing practitioner they might be willing to arrange energy assessments given their contacts with reputable local energy assessors
Is there a list of Coventry BS panel solicitors in Hazel Grove on the Building Society Association’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few mortgage companies make their panel listings visible over the internet. If you are seeking to appoint a Hazel Grove lawyer on the Coventry BS please use our tool.
Two weeks ago we had a mortgage agreed in principle with Barclays. Hazel Grove conveyancing lawyers were instructed. How long does it take for Barclays to forward the offer to the solicitor?
There is no definitive answer here. Have Barclays conducted the valuation? Have you advised Barclays as to your lawyers' details and checked that your lawyers are on the Barclays conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
A friend suggested that where I am buying in Hazel Grove I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally quoted for as part of the standard Hazel Grove conveyancing searches. It is a large report of about 40 pages, listing and setting out significant information about Hazel Grove around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Hazel Grove Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Hazel Grove Education with maps and statistics, Local Amenities and other useful data concerning Hazel Grove.
Over the last few months I have been searching for a flat up to £245,000 and found one near me in Hazel Grove I like with amenity areas and transport links in the vicinity, however it only has 52 remaining years left on the lease. There is not much else in Hazel Grove for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a mortgage the shortness of the lease will likely be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.