Recently contacted my conveyancing solicitor in Richmond Upon Thames who acted for me two years ago and wanted a conveyancing quote based on the same type of house sale & purchase (a leasehold premises and a freehold premises) of similar values with a mortgage from Leeds Building Society. I am now being quoted double. Should I hunt for a cheaper internet property lawyer?
The costs illustration is slightly on the expensive side. If you you were to look around you may be able to get the conveyancing a bit cheaper by as much as a hundred pounds. That being said, if you were satisfied with the service the firm gave you mightlive to regret opting for an an untested conveyancer. Remember to be sure the solicitor can act for Leeds Building Society. Do make use of our search tool to get a quote a Richmond Upon Thames conveyancing firm on the Leeds Building Society approved list of lawyers, which can often include conveyancing solicitors in Richmond Upon Thames.
I purchased a freehold residence in Richmond Upon Thames but nevertheless pay rent, why is this and what is this?
It’s unusual for properties in Richmond Upon Thames and has limited impact for conveyancing in Richmond Upon Thames 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 post 1977.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
Just had an offer accepted on a new build apartment in Richmond Upon Thames. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Richmond Upon Thames
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There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are architect prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. Richmond Upon Thames is the location of the property. Can you shed any light on this issue?
Flying freeholds in Richmond Upon Thames are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Richmond Upon Thames you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Richmond Upon Thames may ascertain 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.
I am looking for a conveyancing solicitor in Richmond Upon Thames for my home move. Is it possible to review a solicitor's complaints history with the profession’s regulator?
One may read published Solicitor Regulator Association (SRA) decisions arising from investigations started on or after 1 January 2008. Visit Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, call +44 (0)121 329 6800. The SRA may monitor call for training requirements.