Please could you suggest a Coventry Building Society accepted Woking conveyancing lawyer that can complete within a very limited time frame? Am I best advised to go for a local Woking practice or a factory type conveyancer?
We would be happy to suggest some excellent Woking conveyancing firms. You can also walk up the high street in Woking. Visit some well established law practices and request to speak with a conveyancing solicitor for a costs illustration. Explain your time frames together with your reasons and get an assurance on speed. Choose the lawyer that you are most comfortable with.
I purchased a freehold property in Woking yet charged rent, why is this and what is this?
It is rare for properties in Woking and has limited impact for conveyancing in Woking 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 have existed for hundreds of years, but the Rent Charge Act 1977 barred the generation 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.
We are planning to buy with Loughborough BS. I dropped in 3 or 4 high street firms yet am unable to find a Woking conveyancing firm on the Loughborough BS approved list. Could you assist?
Feel free to take advantage of the search tool on this site. Pick the building society and type Woking or your location and you will discover numerous conveyancers based in Woking or nearest you.
I need some fast conveyancing in Woking as I am under a deadline to exchange contracts in less than 4 weeks. Thankfully I do not need a mortgage. Is it possible to avoid the conveyancing searches to save money and time?
As you are not taking a home loan you have the choice not to do searches although no conveyancer would advise that you don't. With lots of history conveyancing in Woking the following are instances of issues that can show up and adversely impact market value: Refused Planning Applications, Overdue Charges, Overdue Grants, Unadopted Roads,...
I have been on the look out for a leasehold apartment up to £245,000 and identified one close by in Woking I like with a park and station in the vicinity, the downside is that it's only got 51 years on the lease. I can't really find anything else in Woking for this price, so just wondered if I would be making a grave error purchasing a short lease?
If you need a home loan the remaining unexpired lease term may be an issue. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
Should I be concerned if there is an issue with one of the searches for my conveyancing in Woking?
Ordinarily, almost all adverse entries that arise in Woking conveyancing search results can be handled prior to completion or title insurance can be put on cover. You need to remember that regardless of the fact that you are buying the premises and might be willing to accept the search results, your mortgage lender may not, and ultimately they have the final say.