As a FTB what is the most important piece of guidance you can give me concerning purchase conveyancing in Gerrards Cross?
Not many law firms or advisers will tell you this but conveyancing in Gerrards Cross or throughout Buckinghamshire is an adversarial experience. In other words, when it comes to conveyancing there is an abundance of opportunity for confrontation between you and other parties involved in the legal transfer of property. For example, the seller, estate agent and on occasion a bank. Selecting a solicitor for your conveyancing in Gerrards Cross should not be taken lightly as your conveyancer is your adviser, and is the ONE person in the process whose role it is to act in your best interests and to keep you safe.
There is a worrying ongoing adversarial element to conveyancing- someone must be at fault for the process being so protracted. We recommend that you must always trust your solicitor ahead of all other players when it comes to the legal transfer of property.
Is it necessary during the course of the conveyancing process to visit the offices of the solicitor to execute the legal charge? If so, I will instruct a firm who offer conveyancing in Gerrards Cross so that I can pop in to their offices if necessary.
Nowadays conveyancing panel lawyers for mortgage companies conduct their communications through the post, internet or over the phone. This means that they can undertake the legal work for your home move regardless of where you live in the country. However you can check if you have the option of attending the offices of your conveyancing lawyer if you prefer.
What can a local search reveal about the house my wife and I purchasing in Gerrards Cross?
Gerrards Cross conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search company such as Xpress Legal The local search is essential in every Gerrards Cross conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your property. The search should reveal information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
I purchased a renovated Georgian house in Gerrards Cross. Conveyancing lawyer represented me and Lloyds TSB Bank. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold under the exact same address. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Gerrards Cross 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 mortgage companies. You can also question the situation with your conveyancing lawyer who conducted the conveyancing.
Due to the input of my in-laws I had a survey completed on a property in Gerrards Cross in advance of appointing lawyers. I have been advised that there is a flying freehold overhang to the property. The surveyor advised that some mortgage companies will not grant a loan on this type of house.
It depends who your proposed lender is. HSBC has different instructions from Nationwide. If you e-mail us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Gerrards Cross. Conveyancing may be slightly more expensive based on your lender's requirements.
All being well we will complete the sale of our £450,000 flat in Gerrards Cross next week. The freeholder has quoted £300 for Certificate of Compliance, insurance certificate and 3 years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Gerrards Cross?
Gerrards Cross conveyancing on leasehold flats usually necessitates the buyer’s lawyer sending questions for the landlord to answer. Although the landlord is not legally bound to answer these enquiries most will be willing to assist. They are entitled to levy a reasonable administration fee for responding to questions or supplying documentation. There is no set fee. The average fee for the information that you are referring to is over three hundred pounds, 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 charges, otherwise the invoice is not strictly payable. In reality one has little choice but to pay whatever is requested of you should you wish to complete the sale of your home.
Following months of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in Gerrards Cross. Can we issue an application to the Residential Property Tribunal Service?
if there is a missing freeholder or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to make a decision on the sum to be paid.
An example of a Lease Extension case for a Gerrards Cross premises is Flats 8, 11 and 15 Craigmore Court 46 Murray Road in December 2013. The tribunal held that the price payable by the Applicant tenant of Flat 8 to acquire an extended lease shall be £26,438 plus £1 to the intermediate lessee . The tribunal held that the price payable by the Applicant tenants of Flat 11 to acquire an extended lease shall be £26,791 plus £1 to the intermediate lessee. The tribunal held that the price payable by the Applicant tenant of Flat 15 to acquire an extended lease shall be £26,638 plus £1 to the intermediate lessee . This case related to 3 flats. The remaining number of years on the lease was 71 years.