Having been recommended your web site we were about to use a conveyancing solicitor in Coombe Warren listed on your site but have come across some other costs illustrations via the web seem cheaper – how come?

There are hundreds of conveyancing companies advertising theoretically looks to be very low prices. We suggest that you think twice about how much you respect your own move to you are willing to be penny wise pound foolish in relation to the quality of the conveyancing. Some embed additional charges deep into the terms and conditions. The solicitors that we put forward for conveyancing in Coombe Warren neverdo this.

I own a freehold house in Coombe Warren yet pay rent, why is this and what is this?

It is rare for properties in Coombe Warren and has limited impact for conveyancing in Coombe Warren 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 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 after 2037 will be extinguished.

How does conveyancing in Coombe Warren differ for newly converted properties?

Most buyers of new build residence in Coombe Warren contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is ready to move into. This is because new home sellers in Coombe Warren typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Coombe Warren or who has acted in the same development.

I opted to have a survey done on a house in Coombe Warren prior to appointing lawyers. I have been told that there is a flying freehold element to the house. Our surveyor has said that some mortgage companies will not give a loan on such a house.

It depends who your proposed lender is. HSBC has different instructions for example to Halifax. If you call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Coombe Warren. Conveyancing may be slightly more expensive based on your lender's requirements.

Following months of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Coombe Warren. Can we issue an application to the Residential Property Tribunal Service?

Most definitely. We can put you in touch with a Coombe Warren conveyancing firm who can help.

An example of a Freehold Enfranchisement case for a Coombe Warren flat is 29 Woodstock Road in April 2014. the Tribunal determined that the premiums to be paid into court in respect of the purchase of the freehold registered at HMLR under Title N0.SY3997 should be £7,217. This case related to 4 flats. The unexpired term was 98 years.

What makes a Coombe Warren lease problematic?

Leasehold conveyancing in Coombe Warren is not unique. All leases are unique and drafting errors can sometimes mean that certain sections are wrong. The following missing provisions could result in a defective lease:

Insurance obligations Service charge per centages that don't add up correctly leaving a shortfall

You could encounter a problem when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Birmingham Midshires, The Royal Bank of Scotland, and Bank of Ireland all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to grant the mortgage, forcing the purchaser to withdraw.