It is 10 years ago since I bought my home in Fairford. Conveyancing solicitors have just been appointed on the sale but I can't track down the deeds. Will this cause complications?
Don’t worry too much. Firstly the deeds may be kept by the lender or they may be in the possession of the lawyers who handled your purchase. Secondly the likelihood is that the title will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers obtaining current official copies of the land registers. Nearly all conveyancing in Fairford involves registered property but in the unlikely event that your property is unregistered it is more of a problem but is not insurmountable.
I am helping my aunt sell her house in Fairford. Will the solicitor order an energy performance certificate or should I organise this?
Following the demise of Home Information Packs, EPC’s was maintained a required part of selling a house. An EPC needs to be to hand before the property is put on the market. It is not something that law firms normally organise. If you are instructing a Fairford conveyancing lawyer they might be able to arrange EPC’s due to their relationships with reputable Fairford energy assessors
is it true that all Fairford conveyancing solicitors on the Barclays conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Barclays conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. The majority of lenders do permit licenced conveyancers on their panel in which case such firms would be overseen by the Council of Licensed Conveyancers.
I am expecting a AIP from RBS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do RBS recommend any Fairford solicitors on the RBS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Fairford solicitors independently although you'll need to choose one on the RBS conveyancing panel. The solicitor represents both you and RBS through the process.
I used Action Conveyancing several years ago for my conveyancing in Fairford. Now, I need the files but cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Fairford of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a simple, no chain conveyancing. Fairford is the location of the property. Is there any advice you can give?
Flying freeholds in Fairford are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Fairford you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Fairford may decide 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 property.
I am a sole trader intending to lease a unit on a shopping parade. Can you recommend conveyancers offering no-move-no costs for non-domestic conveyancing in Fairford for less than 2k?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Fairford, including the disposal and purchase of businesses as well as simply premises. Whether you are hoping to acquire or sell a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right lawyer. Regarding the costs these will vary based on the structure and terms of the deal. Let us have your details or phone us so that we may furnish you with a fixed commercial conveyancing quote.
My wife and I purchased a leasehold flat in Fairford. Conveyancing and HSBC Bank mortgage went though with no issue. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1994. The conveyancing practitioner in Fairford who acted for me is not around. Any advice?
The first thing you should do is contact HMLR to be sure that this person is in fact the new freeholder. You do not need to incur the fees of a Fairford conveyancing firm to do this as it can be done on-line for less than a fiver. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I acquired a 1 bedroom flat in Fairford, conveyancing was carried out 6 years ago. Can you work out an approximate cost of a lease extension? Similar flats in Fairford with over 90 years remaining are worth £186,000. The average or mid-range amount of ground rent is £55 levied per year. The lease runs out on 21st October 2074
You have 53 years unexpired the likely cost is going to range between £27,600 and £31,800 plus legals.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you want to 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.