The Boreham conveyancing firm handling our Boreham conveyancing has identified an inconsistency when comparing the information in the valuation report and what is in the title deeds. My solicitor says that he is duty bound to check that the bank is OK with this discrepancy and is content to go ahead. Is my solicitor’s course or action correct?
Your lawyer must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
I purchased a freehold house in Boreham but nevertheless charged rent, why is this and what is this?
It’s unusual for properties in Boreham and has limited impact for conveyancing in Boreham 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 generation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.
Despite weeks of looking the Title Certificate and documents to our property can not be found. The conveyancers who dealt with the conveyancing in Boreham 10 years ago no longer exist. What are my next steps?
In today’s world there are copies made of almost everything, and your conveyancer should know precisely where to find all the appropriate paperwork so you can buy or sell your house without a hitch. If duplicates are not available, your solicitor may be able to put in place insurance or indemnities against future claims on the premises.
I opted to have a survey carried out on a property in Boreham in advance of instructing solicitors. I have been informed that there is a flying freehold element to the house. Our surveyor has said that some lenders tend not give a mortgage on such a property.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. If you e-mail us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Boreham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Boreham to see if the conveyancing will be more expensive.
In what way can the Landlord & Tenant Act 1954 impact my business property in Boreham and how can you help?
The particular law that you refer to gives a safeguard to commercial lessees, giving them the dueness to make a request to court for a continuation of occupancy at the end of an expired lease. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Boreham is one of the numerous locations in which the firms we work with have offices
In sourcing the internet for the term cheap conveyancing in Boreham it brings up numerous property lawyersin the vicinity. How do I determine which is the suitable conveyancing solicitor for me?
The ideal method of choosing the right conveyancer is through a personal referral, so enquire of colleagues and family who have acquired a property in Boreham or the respected estate agent or financial adviser. Fees for conveyancing in Boreham differ, so it's advisable to secure at least three fee calculations from different conveyancers. Dont forget to clarify that the fees are fixed.