Me and my partner are about to exchange on the purchase of a property in Brixham but as a consequence of damage from the recent storms I have was able negotiate compensation from the current proprietors in the sum of £3k in the form of a deduction in the price. I had intended this to be dealt with as part of a side agreement but Barclays are not allowing this. Why were they notified?
The conveyancing practitioner being on a Barclays approved list is duty bound to advise Barclays of any variations to the purchase price. If you prohibit your property lawyer to disclose the price change to Barclays then they would have to discontinue acting for you. In addition, Barclays and you would have to appoint a new property lawyer for your conveyancing in Brixham.
I own a freehold house in Brixham but nevertheless pay rent, why is this and what is this?
It is rare for properties in Brixham and has limited impact for conveyancing in Brixham 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 many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.
Do I need to take out insurance to cover chancel repairs when purchasing a property in Brixham?
Unless a previous acquisition of the house took place post 12 October 2013 you can take it that lawyers conducting conveyancing in Brixham to remain encouraging a chancel search and or insurance against a claim.
How do I locate a Brixham solicitor on the Leeds Building Society conveyancing panel? I have wheels and am prepared to travel upto 25miles to meet the conveyancer.
You can use the search on this website. Please pick a mortgage company and your location and you will see a number of Brixham conveyancing lawyers based on proximity. We have detailed some Brixham conveyancing firms at the bottom of this page and you can call them to see whether they are on the Leeds Building Society member panel
I need to instruct a conveyancing solicitor in Brixham for my home move. Is there any facility to review a firm’s complaints history with the profession’s regulator?
You may read published Solicitor Regulator Association (SRA) decisions arising from inquisitions started on or after 1 January 2008. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The SRA may monitor telephone calls for training reasons.
Our conveyancer has advised that he intends to complete and exchange simultaneously on our sale of a £425,000 garden flat in Brixham in just under a week. The management company has quoted £312 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Brixham?
Brixham conveyancing on leasehold flats usually requires the buyer’s solicitor submitting enquiries for the landlord to address. Although the landlord is not legally bound to address such questions most will be content to do so. They are entitled to charge a reasonable charge for answering enquiries or supplying documentation. There is no upper cap for such fees. The average costs for the information that you are referring to is £350, in some transactions it is above £800. The management information fee levied by the landlord must be accompanied by a synopsis of rights and obligations in relation to administration fees, otherwise the invoice is not strictly payable. Reality however dictates that one has no option but to pay whatever is requested of you if you want to exchange contracts with the buyer.
I acquired a leasehold flat in Brixham, conveyancing formalities finalised in 2008. How much will my lease extension cost? Equivalent flats in Brixham with over 90 years remaining are worth £180,000. The ground rent is £65 yearly. The lease finishes on 21st October 2084
With just 59 years unexpired we estimate the price of your lease extension to span between £20,900 and £24,200 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.