Would the conveyancing lawyers that you recommend conduct auction conveyancing in Frant?
There are a few niche lawyers we can put you in touch with those conducting auction conveyancing. Frant is just one of our locations where our lawyers have a presence.
We note that you have a search directory identifying solicitors on the Nottingham conveyancing panel. Do companies pay you a commission if I appoint them for our conveyancing in Frant?
We are a listing service only for law firms wishing to communicate if they are on the Nottingham conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Frant.
I have been told that property searches are the number one cause of delay in Frant conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not feature within the common causes of hindrances during the legal transfer of property. Local searches are unlikely to be the root cause of slowing down conveyancing in Frant.
Me and my brother purchased a 4 bedroom Georgian property in Frant. Conveyancing solicitor represented me and Barnsley Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Frant and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with the conveyancing practitioner who conducted the conveyancing.
I need to instruct a conveyancing solicitor in Frant for my sale. Is there any facility to check a firm’s complaints history with the profession’s regulator?
Anyone may find documented Solicitor Regulator Association (SRA) determinations resulting 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, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The regulator may monitor call for training requirements.
I am tempted by the attractive purchase price for a couple of flats in Frant which have approximately forty five years left on the lease term. Should I regard a short lease as a deal breaker?
A lease is a legal document that entitles you to use the property for a prescribed time frame. As the lease shortens the value of the lease decreases and results in it becoming more expensive to extend the lease. For this reason it is advisable to extend the lease term. It is often difficulties arise selling premises with a short lease as mortgage lenders less inclined to grant a loan on such properties. Lease extension can be a protracted process. We recommend you get professional assistance from a solicitor and surveyor with experience in this arena.
I inherited a split level flat in Frant, conveyancing was carried out in 2003. How much will my lease extension cost? Similar properties in Frant with a long lease are worth £201,000. The ground rent is £45 invoiced annually. The lease runs out on 21st October 2089
With only 64 years unexpired we estimate the premium for your lease extension to be between £14,300 and £16,400 plus professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.