I went with a high street firm for my conveyancing in Theale yesterday. After carefully reading the small print I noteI am on the hook for fees even where the conveyance does not complete. Should I ditch them and use an on-line solicitor practice advertising no completion no charge conveyancing in Theale?
Generally there is a compromise along the lines that if "No Sale No Fee" is advertised then the conveyancing charges will generally be higher to counteract the cases that abort. You should be mindful that these deals tend not to protect you from outlay such as Theale conveyancing search charges.
I am the registered owner of a freehold residence in Theale yet invoiced for rent, why is this and what is this?
It is rare for properties in Theale and has limited impact for conveyancing in Theale 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 establishment of fresh rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
I am purchasing a right to buy a flat in Theale. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Theale you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Theale.
We are aiming to move house in August. Will my conveyancing solicitor liaise with the removal company on the day of completion. Incidentally, can you put forward a removal company in Theale. Conveyancing lawyer was organised prior to coming across this site.
On the afternoon of completion you will need to collect the keys from your selling agent however this can only be done after the vendors lawyers confirm to the agent that the monies to complete are in and the keys can be passed over. You will need to tell the removal company that they can start moving you in. We are not in a position to recommend a particular removal company but can assist you in locating a residential property solicitor in Theale or a firm with expertise in conveyancing in Theale.
I have a mortgage with Skipton for my property in Theale. Conveyancing has been completed months ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Skipton?
You must advise Skipton in advance of renting your property as this is likely to be a breach of Skipton’s mortgage conditions. It may be that Skipton will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Skipton directly. It should not be necessary to do this via a Skipton conveyancing panel firm.
Our sealed bid on a semi in Theale has been accepted, but there is a chain. The vendors have offered on somewhere, however it’s not yet agreed to, and are looking at other flats booked. I have instructed a nearby conveyancing solicitor in Theale. What should be my next step? When do I get the mortgage application with Kent Reliance started?
It is normal to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of £1k, then valuation, Theale conveyancing search charges, etc). The first course of action is to check that your conveyancer is on the Kent Reliance approved list. As to the subsequent phase this very much dictated by the specifics of your transaction, attraction to the property and on the state of the market. In a hot market many buyers would apply for the mortgage with Kent Reliance and pay for the valuation and only if it comes back ok would they ask their property lawyer to move forward with the conveyancing in Theale.
About to purchase a new build flat in Theale. Conveyancing is a frightening process 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 is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Theale
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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. Please supply a car parking plan.
I need to appoint a conveyancing solicitor for some conveyancing in Theale. I have discover a web site which looks to be the ideal offering If it is possible to get all formalities completed via phone that would be ideal. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?