I am in the market for a low cost property lawyer. Should I go for for a national conveyancer or a family Thatcham conveyancing solicitor?
Established third party relationships are another important factor to consider when choosing conveyancing solicitors. Thatcham conveyancers enjoy connections with mortgage brokers and agents, local authorities, surveyors and other conveyancing firms meaning you will move in shortest possible time. Possessing a well rounded knowledge of the local area also helps too.
What will a local search tell me about the house my wife and I purchasing in Thatcham?
Thatcham conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search organisations such as Onsearch The local search plays an important role in most Thatcham conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your new home. The search will provide data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
Me and my brother purchased a terraced Georgian house in Thatcham. Conveyancing solicitor represented me and Nationwide Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, the second leasehold under the matching property. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Thatcham and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with the conveyancing solicitor who conducted the purchase.
I am buying a new build house in Thatcham benefiting from help to buy. The sellers refused to move on the price so I negotiated 6k of fixtures and fittings instead. The house builders rep suggested that I not inform my solicitor about this deal as it could affect my mortgage with Barclays Direct. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
How easy is it to change conveyancer as I have to appoint one who is on the Skipton Building Society conveyancing panel. I instructed a local conveyancing solicitor in Thatcham round the corner but she is not accepted by Skipton Building Society
It would be our pleasure to assist you find a conveyancing solicitor in Thatcham on the Skipton Building Society panel. Please note that the solicitors that we list do not pay us commission if you instruct them and are regulated by the SRA who oversee all conveyancing solicitors in Thatcham. In utilising the find a conveyancing solicitor tool on this site, you can contrast charges for conveyancing solicitors in Thatcham and beyond.
I own a leasehold flat in Thatcham. Conveyancing and Yorkshire Building Society mortgage organised. A letter has just been received from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1994. The conveyancing practitioner in Thatcham who previously acted has now retired. Any advice?
First contact HMLR to be sure that this person is in fact the new freeholder. You do not need to incur the fees of a Thatcham conveyancing lawyer to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Thatcham Leasehold Conveyancing - Sample of Queries Prior to Purchasing
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Plenty Thatcham leasehold apartments will incur a service bill for the upkeep of the block invoiced by the management company. If you acquire the apartment you will have to meet this amount, normally quarterly throughout the year. This may differ from two or three hundred pounds to thousands of pounds for buildings with lifts and large common areas. There will also be a ground rent for you to pay yearly, ordinarily this is not a exorbitant sum, say around £25-£75 but you should to check as occasionally it can be many hundreds of pounds. Make sure you find out if the the lease contains any onerous restrictions in the lease. For instance some leases prohibit pets being allowed in certain buildings in Thatcham. If you like the apartmentin Thatcham yet your dog can’t make the move with you then you have a very hard choice. Generally speaking the cost for major works are not included within service charges, although a few managing agents in Thatcham require leasehold owners to pay into a reserve fund created for the specific purpose of building a fund for major works.