When reading moneysavingexpert.com for an online lawyer in Rainham, most comment that I must instruct a CQS kitemarked solicitor. What is CQS?
The Conveyancing Quality Scheme (CQS) provides a recognised quality standard for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * adherence to best practice conveyancing processes through the scheme protocol It covers numerous companies who execute conveyancing in Rainham.
I acquired my home on 10 July and my personal details are still not registered. Need I be worried? My conveyancing solicitor in Rainham said it will be dealt with in a couple of weeks. Are properties in Rainham particularly slow to register?
As far as conveyancing in Rainham 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 who lodges the application, whether there are errors and if the Land registry communicate with any third persons or bodies. Currently approximately three quarters of submission are completed within 12 days but some can be subject to protracted delays. Registration occurs once the purchaser has moved in to the premises so 'speed' is not typically top priority yet if there is a degree of urgency associated with the registration then you or your solicitor could communicate with the Registry to express the reasoning for an expedited registration.
Over the last few months I have been searching for a ground for flat up to £305k and identified one round the corner in Rainham I like with amenity areas and railway links nearby, the downside is that it only has 61 years unexpired on the lease. There is not much else in Rainham suitable, so just wondered if I would be making a mistake buying a short lease?
If you need a home loan the remaining unexpired lease term will likely be an issue. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
My business partner and I are wishing to take over a lease of an office on the high street. Can you recommend solicitors offering competitive fees for non-domestic conveyancing in Rainham for under 2k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Rainham, including the disposal and purchase of businesses as well as simply property. Whether you are intending to acquire or sell a shop, pub, restaurant, office, retail unit or a complete business we can find you the right firm. Regarding the costs this will depend on the structure and nuances of the deal. Please provide us with your details or phone so as to enable us to provide you with a fixed commercial conveyancing quote.
My cousin has suggested that I appoint his conveyancing solicitors in Rainham. Should I use them?
No doubt it’s preferable to select a conveyancing lawyer is to get referrals from friends or relatives who have previously instructed the solicitor you're contemplating using.
I've recently bought a leasehold house in Rainham. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous lessee 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).
I own a ground-floor 1960’s flat in Rainham. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the premium payable for a lease extension?
Absolutely. We can put you in touch with a Rainham conveyancing firm who can help.
An example of a Lease Extension case for a Rainham property is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case was in relation to 1 flat. The unexpired lease term was 57.5 years.