The lawyer who dealt with my previous purchase has given a fee calculation of just over a thousand pound for no completion no fee conveyancing in Hampden Pk. I am selling a Georgian house for £125,000. This appears overpriced. Is it above the average fee for conveyancing in Hampden Pk?
The charges are a bit high. If you are happy to invest time comparing quotes you could get the conveyancing a bit cheaper by as much as £125. That being said, you mightlive to regret opting for an an untested conveyancer. If is important to enquire the firm can act for your mortgage company. Do employ our comparison tool to choose a Hampden Pk conveyancing practice on the lender’s conveyancing panel which can often include conveyancing solicitors in Hampden Pk.
I purchased a freehold residence in Hampden Pk but still pay rent, why is this and what is this?
It’s unusual for properties in Hampden Pk and has limited impact for conveyancing in Hampden Pk 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 generation of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Hampden Pk?
There are two types of lawyers who can execute conveyancing in Hampden Pk namely licenced conveyancers or solicitors. Both professionals provide conveyancing services that required to complete the sale or acquisition of property. They are both obliged to execute Hampden Pk conveyancing on similar standards and guidelines so you can be sure that your conveyancing will be properly conducted and that the necessary steps should be suitably taken.
I recently had an offer accepted on a house in Hampden Pk. My mortgage broker pressured me to appoint their lawyer. I paid an on account payment of £150. Shortly after, the property lawyer contacted me sheepishly admitting that they were not on the Clydesdale conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Clydesdale panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Intending to buy a apartment in Hampden Pk. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the HSBC conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Hampden Pk conveyancing practitioner is on the HSBC conveyancing panel.
My wife and I purchased a renovated Edwardian house in Hampden Pk. Conveyancing practitioner acted for me and Bank of Ireland. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, another for leasehold with the matching 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 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 Hampden Pk and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with your conveyancing practitioner who conducted the work.
I am buying a new build flat in Hampden Pk. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Hampden Pk
If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please confirm the Lease plans are architect prepared.
My wife and I purchased a leasehold house in Hampden Pk. Conveyancing and Virgin Money mortgage went though with no issue. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1998. The conveyancing practitioner in Hampden Pk who previously acted has long since retired. What should I do?
The first thing you should do is contact the Land Registry to make sure that this person is indeed the new freeholder. You do not need to instruct a Hampden Pk conveyancing solicitor to do this as it can be done on-line for a few pound. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I invested in buying a basement flat in Hampden Pk, conveyancing having been completed half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Hampden Pk with an extended lease are worth £260,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease runs out on 21st October 2096
With only 75 years remaining on your lease we estimate the price of your lease extension to span between £8,600 and £9,800 as well as legals.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first seeking the advice of a professional.