Is the fact that my conveyancer in Long Ashton is not on my lender's conveyancing panel that there is a problem with the quality of her conveyancing?
That would most likely be a wrong assumption to make. There are plenty of reasonable explanations. A recent report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Long Ashton conveyancing firm and enquire why they are no longer on the approved list for your bank.
I purchased a freehold house in Long Ashton but nevertheless pay rent, why is this and what is this?
It’s unusual for properties in Long Ashton and has limited impact for conveyancing in Long Ashton 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.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
I have been told that property searches are the primary reason for hinderance in Long Ashton house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of delays in the conveyancing process. Local searches are not likely to feature in any slowing down conveyancing in Long Ashton.
Is there anything unique about your site and other web based conveyancing solicitors when it comes to conveyancing in Long Ashton?
At this site obtain an accurate quote from a Solicitor or Licensed Conveyancer that understands the nuances for your conveyancing in Long Ashton. As opposed to estate agents and brokerage sites we are not in the business of charging firms a commission if you appoint them for your conveyancing in Long Ashton
In my capacity as executor for the will of my grandmother I am disposing of a house in Cardiff but I am based in Long Ashton. My solicitor (based 300 kilometers awayhas requested that I sign a stat dec ahead of completion. Could you suggest a conveyancing lawyer in Long Ashton to attest and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are located in Long Ashton
I've recently bought a leasehold flat in Long Ashton. Am I liable to pay service charges for periods before my ownership?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Leasehold Conveyancing in Long Ashton - A selection of Questions you should consider Prior to buying
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Who are the managing agents? You should be aware if it is no more than 80 years it will impact the value of the apartment. It is worth checking with your lender that they are willing to lend given the lease term. A short lease means that you will probably require a lease extension at some point and it is worth finding out how much this would cost. For most Long Ashtonlease extensions you will need to own the premises for a couple of years in order to be entitled to carry out a lease extension. Is the freehold owned jointly by the tenants?