Can the conveyancing lawyers listed on your site handle auction conveyancing in Sheen Park?
We know of a few niche solicitors we can connect you with those conducting auction conveyancing. Sheen Park is just one of hundreds of locations in which our lawyers have a presence.
I own a freehold property in Sheen Park yet charged rent, why is this and what is this?
It’s unusual for properties in Sheen Park and has limited impact for conveyancing in Sheen Park 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 establishment of fresh rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
I require quick conveyancing in Sheen Park as I am under a deadline to sign on the dotted line inside one month. A home loan is not required. Can I avoid the conveyancing searches to save money and time?
If.Given you are not taking a home loan you have the choice not to have searches conducted although no lawyer would advise that you don't. Drawing on our experience of conveyancing in Sheen Park the following are instances of issues that can arise and adversely affect the marketability of the property: Enforcement Notices, Overdue Charges, Overdue Grants, Railway Schemes,...
I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a straight forward, no chain conveyancing. Sheen Park is where the house is located. Can you shed any light on this issue?
Flying freeholds in Sheen Park are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Sheen Park you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sheen Park may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I need to instruct a conveyancing lawyer in Sheen Park for my remortgage. Can I see a firm’s record with the profession’s regulator?
One may search for published Solicitor Regulator Association (SRA) determinations resulting from inquisitions commenced on or after 1 January 2008. Visit Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The regulator could recorded call for training requirements.
We are midway through purchasing a property in Sheen Park. Conveyancing lawyer has told us the title is "Leasehold". Will this likely adversely affect our Santander valuation?
Sheen Park conveyancing does not normally involve leasehold houses. The crucial factor here is the unexpired lease term and the ground rent. If there are hundred of years years remaining with a peppercorn rent, it's almost the same as freehold, so it’s unlikely to affect the saleability significantly.
At the other end of the spectrum, if it's, say, 50 years it will have a material impact on the value, and most likely wouldn't be acceptable to the lender. The remaining lease term and ground rent will be stated in the lease provided to your conveyancer.