Can the conveyancing lawyers listed on your site conduct right to buy conveyancing in Ascot?
We have identified a variety of conveyancing experts carrying out right to buy transactions You should contact us to obtain a costs illustration.
I own a freehold house in Ascot but nevertheless pay rent, why is this and what is this?
It is rare for properties in Ascot and has limited impact for conveyancing in Ascot 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 creation of fresh rentcharges post 1977.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.
Please help - my lawyer says that lack of building regulations insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Ascot?
The appropriate level of lack of building regulations indemnity insurance depends on your lender. It would differ for example between Accord Mortgages Ltd and Barnsley Building Society. Conveyancing solicitors as opposed to members of the public take out such policies.
We had appointed conveyancing lawyers based in Ascot on the Skipton solicitor approved list. They have just billed me a separate sum for the legal aspects of the Skipton mortgage. Is this a supplemental conveyancing fee set by Skipton?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your conveyancing practitioner is entitled to levy a fee for this. This charge is not set by Skipton but by your Ascot conveyancing practitioner. Some firms on the Skipton panel will charge an ‘acting for lender’ fee and others do not.
I am selling my apartment. I had a double glazing fitted in August 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Virgin Money are being problematic. The Ascot solicitor who is on the Virgin Money conveyancing panel is saying indemnity insurance will be fine but Virgin Money are insisting on a building regulation certificate. Why do Virgin Money have a conveyancing panel if they don't accept advice from them?
It is probably the case that Virgin Money have referred the matter to their valuer. The reason why Virgin Money may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I need some fast conveyancing in Ascot as I am under pressure to exchange contracts within 2 weeks. A home loan is not required. Is it possible to avoid the conveyancing searches to save money and time?
As you are are a cash purchaser you are at liberty not to do searches although no lawyer would suggest that you don't. With lots of history conveyancing in Ascot the following are examples of what can be revealed and therefore impact market value: Refused Planning Applications, Overdue Charges, Overdue Grants, Railway Schemes,...
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what should have been a straight forward, chain free conveyancing. Ascot is the location of the property. Can you shed any light on this issue?
Flying freeholds in Ascot are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Ascot you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ascot 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 residence.
Can you offer any advice when it comes to finding a Ascot conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a solicitor for your lease extension (regardless if they are a Ascot conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of work. We advise that you speak with two or three firms including non Ascot conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be of use:
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If the firm is not ALEP accredited then why not?
Ascot Conveyancing for Leasehold Flats - Sample of Questions you should consider before buying
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The answer will be helpful as a) areas may cause problems for the building as the common areas may begin to deteriorate if services are not paid for b) if the tenants have an issue with the running of the building you will wish to have all the details Is there a share of the freehold? Please inform me if there are any major works on the horizon that could add a premium to the maintenance fees?