My partner’s brother is a conveyancer. I suspect that I will receive preferential rates for conveyancing, but if not, what kind of figure should I be paying for conveyancing in Taplow?
It’s wise to look for two or three conveyancing quotes. Do use our comparison tool on this page. Whilst charges will vary but service levels do differ between property lawyers as is true with the vast majority of professional services.
We are due to complete buying a property in Taplow but as a result of damage from some water damage at the property I have managed to agree reparation from the seller of £3k by way of a reduction in the price. This was going to be addressed as part of the conveyancing process however Virgin Money will not permit this. Why were they approached?
Your solicitor being on the Virgin Money approved list is obliged to advise Virgin Money of any amendments to the sale price. If you prohibit your property lawyer to report the price change to Virgin Money then they would have to discontinue acting for you. In addition, Virgin Money and you would have to appoint a new solicitor for your conveyancing in Taplow.
I own a freehold residence in Taplow yet invoiced for rent, why is this and what is this?
It is rare for properties in Taplow and has limited impact for conveyancing in Taplow 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 creation of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
Due to the advice of my in-laws I had a survey completed on a house in Taplow ahead of appointing lawyers. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some mortgage companies may refuse to issue a mortgage on such a property.
It depends who your proposed lender is. Santander has different requirements for example to Birmingham Midshires. If you contact us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Taplow. Conveyancing may be slightly more expensive based on your lender's requirements.
What advice can you give us when it comes to choosing a Taplow conveyancing firm to deal with our lease extension?
If you are instructing a conveyancer for lease extension works (regardless if they are a Taplow conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you talk with several firms including non Taplow conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be useful:
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How familiar is the firm with lease extension legislation?
Taplow Conveyancing for Leasehold Flats - A selection of Queries before Purchasing
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How much is the ground rent and service charge? The answer will be important as a) areas can result in problems for the building as the common areas may begin to deteriorate if maintenance are not paid for b) if the tenants have an issue with the managing agents you will need to have all the details Its a good idea to discover as much as possible about the company managing the block as they can either make your living at the property much simpler or problematic. As the proprietor of a leasehold property you are often in the clutches of the managing agents from a financial perspective and when it comes to day to day issues like the cleanliness of the communal areas. Enquire of prospective neighbours if they are happy with them. Finally, investigate as to the dates that the service charges are due to the relevant party and precisely what you get for your money.
We are about to acquiring a home in Taplow. Conveyancing is not over but we would like keep our purchase price confidential from sites such as Zoopla. Is this achievable and how?
HM Land Registry as a matter of law bound to disclose price sold data on the official title for residential properties countrywide which includes homes in Taplow. The Title Register is an open document, so HM Land Registry would be breaking the law if they failed to permit access to the register.
In essence you can make a request of HMLR to hide the price paid data however the response will be a No.