I chose a high street lawyer for my conveyancing in Cirencester today. Looking through the terms of engagement I seewe are on the hook for charges even where the transaction does not complete. Should I go with them or use a web based lawyer promoting no-sale-no-fee conveyancing in Cirencester?
Generally there is a concession along the lines that if "No Completion No Fee" is offered then the fee levels will generally be higher to cover the transactions that abort. Please beware that such arrangements rarely cover expenses e.g. Cirencester conveyancing search expenses.
I am the registered owner of a freehold house in Cirencester but nevertheless charged rent, why is this and what is this?
It is rare for properties in Cirencester and has limited impact for conveyancing in Cirencester 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 many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.
The estate agent has sent us the confirmation of our purchase of a new build flat in Cirencester. Conveyancing is necessary evil 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 legal work.
Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Cirencester
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. 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. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
I am looking to sell my home. My former solicitors has retired. I would be grateful for any recommendation of a conveyancing firm. Im based in Cirencester if that makes things easier.
Please use our search tool to help you choose a solicitor for your conveyancing in Cirencester. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
Having had my offer accepted I require leasehold conveyancing in Cirencester. Before diving in I would like to find out the unexpired term of the lease.
Assuming the lease is registered - and most are in Cirencester - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Cirencester Conveyancing for Leasehold Flats - Sample of Questions you should consider before Purchasing
Who are the managing agents? Is the freehold reversion owned jointly by the leaseholders?