My husband and I are buying a ground floor flat in Twickenham. My property lawyer is not on the bank solicitor panel. Am I still permitted to use my Twickenham conveyancing solicitor even though they are not on the lender panel of approved conveyancing solicitors?
One must use a solicitor to complete the formalities when you take out a mortgage to buy your property. The conveyancer will carry out all the essential investigations on the property, make sure that you will be registered as proprietor and ensure that all the required mortgage documentation is in place. You can select a Twickenham conveyancer of your choice. However, if the solicitor selected is not on the lender solicitor panel additional fees will be incurred as separate legal representation will be required by them. Lender panel applications can be submitted, so where your solicitor has not previously sought membership they should do so.
I am the registered owner of a freehold premises in Twickenham but still pay rent, why is this and what is this?
It is rare for properties in Twickenham and has limited impact for conveyancing in Twickenham 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 date back hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
I got the keys to my apartment on 12 January and my personal details is yet to be registered. Need I be worried? My conveyancing solicitor in Twickenham said it would be recorded in less than a month. Are properties in Twickenham particularly slow to register?
As far as conveyancing in Twickenham registration is no quicker or slower than anywhere else in the country. As opposed to being determined by geographic area, timeframes can vary depending on the party submitting the application, whether there are errors and if the Land registry communicate with any third persons or bodies. Currently approximately three quarters of such applications are fully addressed within two weeks but occasionally there can be longer hold-ups. Historically registration takes place once the new owner has moved in to the property so an expedited registration is not typically primary concern but if it is urgent that the the registration takes place urgently then you or your lawyers can communicate with the Registry to express the reasoning for an expedited registration.
Due to the guidance of my in-laws I had a survey completed on a property in Twickenham before instructing lawyers. I have been told that there is a flying freehold element to the property. My surveyor advised that some lenders will not give a loan on this type of house.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Twickenham. Conveyancing may be slightly more expensive based on your lender's requirements.
I am a sole trader looking to lease a unit on a shopping parade. Can you recommend lawyers offering fixed fees for commercial conveyancing in Twickenham for below 1500k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Twickenham, including the sale and purchase of businesses as well as simply premises. Whether you are looking to acquire or dispose of a shop, pub, restaurant, office, retail unit or a complete business we will find you the right firm. Regarding the costs this will depend on the structure and nuances of the proposed transaction. Let us have your details or email so as to enable us to provide you with comprehensive commercial conveyancing quote.
My husband and I are FTB’s - agreed a price, but the property agent informed us that the seller will only proceed if we instruct the agent's chosen conveyancers as they need a ‘quick sale’. We would rather use a local conveyancer used to conveyancing in Twickenham
It is improbable the sellers are driving this. If they want ‘a quick sale', turning down a motivated buyer is is going to put the whole deal at risk. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you are going to appoint your preferred Twickenham conveyancing solicitors - not the ones that will provide their negotiator at the agency a kickback or hit his conveyancing targets demanded by corporate headquarters.