I am in the throes of swapping over from my current homeowner mortgage to a BTL Virgin Money mortgage. I was told by my mortgage that I require a conveyancer for this. I spoke to my past Bexleyheath conveyancing solicitor who acted on my behalf when I initially bought the property. The costs illustration issued of £575 plus disbursements has taken me by surprise as its a remortgage than a sale or purchase.
The costs illustration is fractionally on the expensive side. If you are content to expend time scrutinising quotes you might reduce the fees slightly by say £125. That being said, if you were content with the assistance the firm provided you mightcome to regret choosing an an unknown solicitor. Remember to check that the conveyancer can also act for Virgin Money. Do use our search tool to find a Bexleyheath conveyancing firm on the Virgin Money member panel, which can often include conveyancing solicitors in Bexleyheath.
I own a freehold house in Bexleyheath but still charged rent, why is this and what is this?
It’s unusual for properties in Bexleyheath and has limited impact for conveyancing in Bexleyheath 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 from 1977 onwards.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
I am purchasing a right to buy a flat in Bexleyheath. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Bexleyheath you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Bexleyheath.
Despite weeks of looking the Title Certificate and documents to our property can not be found. The lawyers who dealt with the conveyancing in Bexleyheath 4 years ago have long since closed. Will I be able to sell the house?
Assuming the title is registered the details of your ownership will be evidenced by HMLR with a Title Number. It is possible to carry out a search at the Land Registry, find your house and secure up to date copies of the Registered Entries for a small fee. If the property is Leasehold then the Land Registry will usually hold a file copy of the Registered Lease and again, a copy can be ordered for a small fee.
Back In 2003, I bought a leasehold flat in Bexleyheath. Conveyancing and Virgin Money mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1994. The conveyancing practitioner in Bexleyheath who acted for me is not around. What should I do?
The first thing you should do is make enquiries of HMLR to make sure that this person is indeed the new freeholder. It is not necessary to instruct a Bexleyheath conveyancing practitioner to do this as it can be done on-line for a few pound. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I inherited a ground flat in Bexleyheath. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the premium due for the purchase of the freehold?
Most definitely. We are happy to put you in touch with a Bexleyheath conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Bexleyheath property is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case was in relation to 13 flats. The number of years remaining on the existing lease(s) was 76 years.
A conveyancing company dealt with my conveyancing in Bexleyheath 8 years ago and was holding my title documents but has now closed – how do I get hold of them?
Title deeds, as such, are no longer appropriate for most homes in Bexleyheath are archived electronically at Land Registry. If you need to prove ownership or are selling or re-mortgaging your property lawyer should obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.