I am getting a mortgage with Halifax. I hope to retain the legal services of a Licensed Conveyancer in Forest Row. Does the Halifax Conveyancing panel include conveyancers regulated by the CLC?
The Halifax conveyancing panel is, like many other lenders, associated to the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
Would the conveyancing solicitors that are recommend carry out auction conveyancing in Forest Row?
There are a few niche practitioners we can put you in touch with those conducting auction conveyancing. Forest Row is just one of the many areas of where our lawyers have a presence.
I am the registered owner of a freehold premises in Forest Row but nevertheless pay rent, why is this and what is this?
It is rare for properties in Forest Row and has limited impact for conveyancing in Forest Row 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 establishment of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
My colleague recommended that where I am purchasing in Forest Row I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually included in the estimate for your Forest Row conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Forest Row around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Forest Row Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Forest Row Education with maps and statistics, Local Amenities and other useful information concerning Forest Row.
Over the last few months I have been searching for a flat up to £245,000 and found one round the corner in Forest Row I like with open areas and transport links in the vicinity, the downside is that it only has 51 years on the lease. There is not much else in Forest Row suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you need a home loan the remaining unexpired lease term will likely be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.
I am considering instructing a web based lawyer ahead of a Forest Row conveyancing firm. Am I making a mistake?
Numerous benefits exist in being able to pop in to a local Forest Row conveyancing solicitor for example
- signing documents same day
- having face-to-face explanations of issues you don't understand
- the ability to raise concerns if matters go pear-shaped
When analysing quotes, look out for hidden extras. Most decent Forest Row high street solicitors give an all-inclusive figure. Often online companies appear to offer cheap prices, but have hidden 'extras' in the in the terms and conditions.