I require conveyancing for a flat in a fairly new development (6 years built) in Hadley Wood. Almost all the flats are already sold. Is it really necessary to order conveyancing searches as part of conveyancing in Hadley Wood?
If you getting a loan, your bank will insist on some (many) of the searches so you'll have no choice. If not, then Hadley Wood conveyancing searches are optional. No doubt your conveyancer, will 'advise', perhaps in the strongest possible terms, that you should not go ahead without searches, but he or she is duty bound in this regard. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you demand that your lawyer to proceed without searches then your lawyer will have to follow your instructions or it may be necessary to find a new lawyer for your conveyancing in Hadley Wood.
I am the registered owner of a freehold residence in Hadley Wood yet invoiced for rent, why is this and what is this?
It is rare for properties in Hadley Wood and has limited impact for conveyancing in Hadley Wood 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 many centuries, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a quick, chain free conveyancing. Hadley Wood is the location of the property. What do you suggest?
Flying freeholds in Hadley Wood are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hadley Wood you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hadley Wood 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.
What does commercial conveyancing in Hadley Wood cover?
Hadley Wood conveyancing for business premises incorporates a wide range of advice, given by qualified solicitors, relating to business property. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
I am thinking of appointing a conveyancing practitioner in Hadley Wood for my house move. Can I review a solicitor's record with the legal regulator?
One can review documented Solicitor Regulator Association (SRA) decisions resulting from investigations from 2008 onwards. Visit Check a solicitor's record. To find records Pre 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The SRA sometimes monitor telephone calls for training requirements.
Estate agents have just been given the go-ahead to market my 2 bed flat in Hadley Wood. Conveyancing lawyers have not yet been instructed, but I have just received a quarterly maintenance charge invoice – what should I do?
Your conveyancing lawyer is likely to suggest that you should pay the invoice as usual because all rents and maintenance invoices should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Following months of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Hadley Wood. Can we issue an application to the Residential Property Tribunal Service?
Most definitely. We are happy to put you in touch with a Hadley Wood conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Hadley Wood flat is Flat 2 2 Netherfield Road in April 2010. The Tribunale held that premium payable for a 90 year extension to the existing Lease should be £7,705. This case affected 1 flat. The remaining number of years on the lease was 76 years.