My mortgage broker requires my Frant lawyer’ panel member for the Santander conveyancing panel. How do I find this out. I have tried my local Frant office but they don't know it.
You are best placed to get this information from your Frant lawyer . Most Frant conveyancing firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
Would the conveyancing lawyers that you recommend conduct conveyancing in Frant by way of an attended exchange?
We do have a number of conveyancing experts who can conduct personalised exchanges. You should contact us to secure a fee calculation and details as to availability.
I own a freehold property in Frant but still pay rent, why is this and what is this?
It’s unusual for properties in Frant and has limited impact for conveyancing in Frant 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 establishment of new rentcharges post 1977.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
I have been referred to a conveyancing solicitor in Frant. I I would like to check whether they are on the Lloyds TSB Bank approved list of lawyers. Could you advise?
The first thing to do is contact your solicitor and ask them whether they are on the lender panel. Alternatively you can call Lloyds TSB Bank who may be able to confirm.
Over the last few months I have been searching for a ground for flat up to £245,000 and found one near me in Frant I like with a park and station in the vicinity, however it only has 51 years unexpired on the lease. I can't really find anything else in Frant for this price, so just wondered if I would be making a mistake buying a short lease?
If you require a mortgage that many years will be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.
I have been pointed in your direction by two or three local selling agents in Frant to get a quote from a solicitor on your site. What’s the financial inducement for Estate Agents to offer your lawyers rather than alternative conveyancing organisations?
We refuse to give any financial incentive for sending work to this site. We thought it would be too underhand a fee because a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.