Can you vouch for a Aldermore accepted Parkstone conveyancing conveyancer finish our house move within under 3 weeks? Would it be better to use a local Parkstone practice or an internet conveyancer?

We can recommend some very good Parkstone conveyancing firms. Another option is to visit the high street in Parkstone. Visit a couple of law practices and request to speak with a conveyancing solicitor for a fee estimate. Mention your requirements together with your reasons and ask for an assurance on your deadline. Select the lawyer that appears most efficient.

I purchased a freehold property in Parkstone yet invoiced for rent, why is this and what is this?

It is rare for properties in Parkstone and has limited impact for conveyancing in Parkstone 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 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 post 2037 is to be extinguished.

Despite weeks of looking the Title Certificate and documents to my house can not be found. The solicitors who dealt with the conveyancing in Parkstone 4 years ago are no longer around. Will I be able to sell the house?

As long as the title is registered the details of your ownership will be held by the Land Registry under a Title Number. It is possible to carry out a search at the Land Registry, identify your house and get up to date copies of the property title for a small fee. If the title is Leasehold then the Land Registry will also normally hold a certified copy of the Registered Lease and again, a copy can be ordered for a small fee.

What are your top tips when it comes to finding a Parkstone conveyancing firm to carry out our lease extension conveyancing?

When appointing a solicitor for lease extension works (regardless if they are a Parkstone conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of work. We advise that you make enquires with two or three firms including non Parkstone conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be useful:

Can they put you in touch with clients in Parkstone who can give a testimonial? How many lease extensions has the firm conducted in Parkstone in the last year?

Parkstone Conveyancing for Leasehold Flats - A selection of Queries Prior to buying

What restrictions are there in the Parkstone Lease? How much is the service charge and ground rent on the flat? If a Parkstone lease has less than 80 years it will have adverse implications on the salability of the apartment. Check with your mortgage company that they are willing to to proceed given the lease term. Leases with fewer than 80 years remaining means that you will most likely need a lease extension at some point and you need to have some idea of how much this would cost. For most Parkstonelease extensions you will need to own the residence for 24 months in order to be entitled to extend the lease.

My step-son is just in the process of moving home, the home loan was agreed last week in principle. One the offer was accepted on house we called the lender to issue the formal offer. We were shocked to learn that banks do not accept all solicitor, they must be on their panel, is this right?

Lenders tend to imposes restrictions either the type or the number of conveyancing solicitors on their approved list of lawyers. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that lenders have no responsibility for the quality of advice provided by any Parkstone solicitor on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Unlikely.