I have just started taking steps with the aim of swapping over from my domestic home loan to a Buy to Let Chelsea Building Society mortgage. I was told by my mortgage that I require a solicitor as part of the process. I got in contact with my past Forest of Dean conveyancing solicitor who dealt with the legals when I initially purchased the property. The quote supplied of £470 has taken me by surprise as I am not require purchase conveyancing - it’s simply a straightforward remortgage.
The quote is slightly on the expensive side. If you you were to look around you could shave off some of the cost by as much as £125. That being said, providing that you were content with the legal work the firm gave you couldlive to regret opting for an an untested lawyer. Don't forget to enquire the firm can also act for Chelsea Building Society. You can make use of our search tool to locate a Forest of Dean conveyancing firm on the Chelsea Building Society conveyancing panel, which can often include conveyancing solicitors in Forest of Dean.
I purchased a freehold premises in Forest of Dean yet pay rent, why is this and what is this?
It’s unusual for properties in Forest of Dean and has limited impact for conveyancing in Forest of Dean 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 generation of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
We hope to to purchase with Earl Shilton BS. I popped in a few local firms but am struggling to find a Forest of Dean conveyancing firm on the Earl Shilton BS approved list. Can you help?
Feel free to make use of the search tool on this page. Please choose the mortgage company and type Forest of Dean or your preferred area and you will be presented with numerous solicitors based in Forest of Dean or by proximity to you.
About to purchase a new build flat in Forest of Dean. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Forest of Dean
Please supply evidence that the form of Lease proposed has been approved by the Land Registry. 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. There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. Forest of Dean is where the house is located. Can you shed any light on this issue?
Flying freeholds in Forest of Dean are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Forest of Dean you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Forest of Dean 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 premises.