AssumingI were to purchase a freehold propertyin Wokingham for cash and dispense with a survey and no local authority searches how much should I expect to have to pay for conveyancing in Wokingham?
The sole reduction in fees you would achieve is the Wokingham conveyancing searches. Your solicitor still be obliged to do everything else - money laundering, correspond with the vendors conveyancer, SDLT submission, register the property etc. A marginal saving might be made by not having to register a charge but it won't be a lot.
I am the registered owner of a freehold premises in Wokingham but nevertheless charged rent, why is this and what is this?
It’s unusual for properties in Wokingham and has limited impact for conveyancing in Wokingham 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 from 1977 onwards.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
My colleague recommended that if I am purchasing in Wokingham I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually included in the estimate for your Wokingham conveyancing searches. It is a large document of about 40 pages, listing and detailing significant information about Wokingham around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Wokingham Education with maps and statistics, Local Amenities and other useful data about Wokingham.
I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what should have been a simple, chain free conveyancing. Wokingham is where the house is located. Can you offer any advice?
Flying freeholds in Wokingham are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Wokingham you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wokingham 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.
As co-executor for the estate of my aunt I am selling a house in Swansea but I am based in Wokingham. My lawyer (who is 200 kilometers from meneeds me to sign a stat dec ahead of the transaction finalising. Could you suggest a conveyancing solicitor in Wokingham to witness and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will suffice regardless of whether they are located in Wokingham
I am Googling for Wokingham competitive conveyancing fees. Can I be confident that all the Wokingham practices that are listed on your directory are on the bank conveyancing panel?
The law firms listed on our site have assured us via an online form that they are on the lender panel and agreed to advise us to take down their listing in the event of removal off of the mortgage company panel. To date we have not been informed by either a lender or a member of the public that the data about a specific Wokingham firm being on the bank conveyancing panel is incorrect.