It may have been a long time coming a loan offer from NatWest for the refinancing of my 4 bedroom flat is due imminently. Are you able to recommend a cheap conveyancing practitioner in Braunstone?
You have come to the wrong place to search for the cheapest conveyancing in Braunstone. We can offer you affordable conveyancing but our intention is not to advertise as being the cheapest. Avoid the trap of appointing organisations teasing you with ninety nine pound conveyancing in Braunstone. The optimum outcome, in being led by low cost conveyancing, you will get your money’s worth and at worst you will end up being stung for additional fees and still not get the service expected.
I am the registered owner of a freehold house in Braunstone yet invoiced for rent, why is this and what is this?
It is rare for properties in Braunstone and has limited impact for conveyancing in Braunstone 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 many centuries, but the Rent Charge Act 1977 barred the generation of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
My wife and I own a 4 bedroom Edwardian house in Braunstone. Conveyancing lawyer acted for me and Barclays . I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, the second leasehold with the matching address. Is it worth asking Barclays to clarify?
You need to assess the Freehold register you have again and check the Charges Register for 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 Braunstone and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with the conveyancing lawyer who conducted the conveyancing.
I'm converting the mortgage on my primary property to a buy to let mortgage with Coventry Building Society and I will use the rest of the raised equity as a deposit on another house. The location we are talking about is Braunstone. Will your conveyancers be able to act for both sets of banks and link together the two deals?
Do use our search tool on this page to be sure that the conveyancers are approved by both mortgage companies. Having checked that they are your solicitor should be able to simultaneously deal with the two deals but you should have a chat with you solicitor and make apparent your desired outcome and requirements.
Estate agents have just been given the go-ahead to market my basement apartment in Braunstone. Conveyancing lawyers have not yet been instructed, however I have just received a quarterly service charge demand – what should I do?
It best that you discharge the invoice as normal because all ground rent and service invoices should be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I inherited a split level flat in Braunstone, conveyancing was carried out 7 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Braunstone with an extended lease are worth £190,000. The ground rent is £45 invoiced every year. The lease terminates on 21st October 2086
You have 62 years remaining on your lease the likely cost is going to be between £17,100 and £19,800 plus legals.
The figure above a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before seeking the advice of a professional.
How easy is it to change a solicitor as I need to find a Braunstone based firm who is on the lender conveyancing panel. How simple is it to change conveyancer?
If you haven't yet instructed a conveyancer to start work and at this stage simply received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Braunstone that you're thinking of instructing.