Willretaining a Brent Cross conveyancing practitioner make the legal transfer of property easier?
Generally conveyancing lawyers in your neck of the woods will have good relationships with your local authority, which could assist with the Brent Cross conveyancing searches that your conveyancer will inevitably need. It can only help if they enjoy good relationships with the Land Registry in your area Brent Cross, other property lawyers in the area and Brent Cross property agents.
I purchased a freehold premises in Brent Cross but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Brent Cross and has limited impact for conveyancing in Brent Cross 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 new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
How does conveyancing in Brent Cross differ for new build properties?
Most buyers of new build premises in Brent Cross approach us having been asked by the developer to exchange contracts and commit to the purchase even before the house is ready to move into. This is because builders in Brent Cross typically acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Brent Cross or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a property in Brent Cross in advance of appointing conveyancers. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies will refuse to grant a mortgage on this type of property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. If you contact us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Brent Cross. Conveyancing will be smoother if you use a solicitor in Brent Cross especially if they are accustomed to such properties in Brent Cross.
I am thinking of appointing a conveyancing solicitor in Brent Cross for my sale. Is it possible to review a firm’s complaints history with the legal regulator?
Members of the public can read published Solicitor Regulator Association (SRA) determinations resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. For records Pre 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The SRA may monitor call for training reasons.
Last September I purchased a leasehold flat in Brent Cross. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can one apply to the Leasehold Valuation Tribunal? Can you recommend a Brent Cross conveyancing firm to act on my behalf?
Most certainly. We can put you in touch with a Brent Cross conveyancing firm who can help.
An example of a Lease Extension decision for a Brent Cross flat is First Floor Flat 61 Wilberforce Road in March 2014. The premium payable was £10,130 and the case was remitted back to the Willesden County Court to effect the Vesting Order (Claim No 3W103100). This case was in relation to 1 flat. The unexpired residue of the current lease was 71 years.