I have just been advised by my mortgage adviser that my Ruislip Gardens the law firm I have appointed is not on the lender Solicitor panel. What can I do to be sure if this is correct?
The best course of action for you to take is to contact your Ruislip Gardens conveyancer. You lawyer should inform you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
I am the registered owner of a freehold premises in Ruislip Gardens but nevertheless pay rent, why is this and what is this?
It’s unusual for properties in Ruislip Gardens and has limited impact for conveyancing in Ruislip Gardens 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 many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
I am selling my apartment in Ruislip Gardens. Does my solicitor need to be required to be on the Skipton conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Skipton conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently currently.
Have purchased a a semi-detached house in Ruislip Gardens , how long will it take for the Land Registry to register the transfer to my name? My Ruislip Gardens conveyancing solicitor has been very slow, so I want to be certain the post completion formalities are addressed.
There is nothing unique about conveyancing in Ruislip Gardens registration formalities. As opposed to being determined by geographic area, timescales can differ according to the party submitting the application, whether it is in order and if the Land registry communicate with any third persons or bodies. Currently approximately 80% of such applications are completed in less than three weeks but some can be subject to protracted delays. Registration is effected once the new owner has moved in to the premises thus an expedited registration is not typically top priority but where it is urgent that the the registration takes place urgently then you or your lawyers could communicate with the Registry to express the reasoning for an expedited registration.
I have been on the look out for a leasehold apartment up to £305k and identified one near me in Ruislip Gardens I like with a park and station in the vicinity, the downside is that it only has 61 remaining years left on the lease. I can't really find anything else in Ruislip Gardens suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a mortgage the shortness of the lease will be problematic. Discount the price by the amount the 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 may 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 current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
I am a sole trader hoping to take an assignment of a lease of an office on a shopping parade. Can you recommend solicitors offering competitive costs for non-domestic conveyancing in Ruislip Gardens for below 2k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Ruislip Gardens, including the sale and purchase of businesses as well as simply property. Whether you are intending to acquire or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will put you in touch with the right lawyer. As for the charges this will depend on the structure and heads of terms of the proposed transaction. Let us have your contact information or email us so that we may furnish you with a detailed commercial conveyancing quote.