Do the conveyancing solicitors listed on your site carry out attended exchange conveyancing in Frant?
There are a few conveyancing experts carrying out one day exchanges. You should e-mail us to secure a costs illustration and details as to availability.
A colleague informed me that in purchasing a property in Frant there could be various restrictions preventing external changes to the property. Is this right?
We are aware of a number of properties in Frant which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Frant should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
My offer was accepted on a house in Frant on 16/6/2021, valuation was booked 3 days after, all came back fine. Conveyancer appointed, so all that was missing was my mortgage offer. Having made daily calls to Bank of Ireland and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Bank of Ireland conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Bank of Ireland to deal with your lawyer's application to be on the Bank of Ireland conveyancing panel. There's no guarantee that your solicitor will be accepted.
Santander have agreed my home loan in principle, my offer on a house in Frant has been accepted, what are the next steps?
The estate agent will wish to know who your solicitors are (ensure that the conveyancers are on the lender’s approved list). Contact Santander or the financial adviser and finalise any outstanding paperwork. Santander will sellect a valuer who will get in contact with the estate agent or vendor to schedule a time for the valuation to occur. Once carried out (assuming no problems) it takes about a fortnight for the mortgage offer to be issued. Santander will send the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Frant.
I completed on my flat on 12 January and my personal details is not yet registered. Should I be concerned? My conveyancing solicitor in Frant expressed confidence that it should be formalised inside ten days. Are transfers in Frant particularly slow to register?
There is nothing unique when it comes to conveyancing in Frant registration formalities. As opposed to being determined by geographic area, timescales can differ subject to who lodges the application, whether there are errors and if the Land registry need to notify any other parties. Currently approximately three quarters of such applications are completed within 12 days but some can be subject to longer delays. Registration takes place after the new owner has moved in to the property so registration formalities is not typically an essential issue yet where there is a degree of urgency associated with the registration then you or your conveyancer can communicate with the Registry to express the reasoning for the application to be prioritised.
In my capacity as executor for the estate of my uncle I am disposing of a residence in Newport but live in Frant. My lawyer (based 250 miles awayhas requested that I execute a statutory declaration before the transaction finalising. Can you recommend a conveyancing solicitor in Frant who can witness this legal document for me?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will do regardless of whether they are Frant based
I've recently bought a leasehold property in Frant. Am I liable to pay service charges relating to a period prior to completion of my purchase?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Frant Conveyancing for Leasehold Flats - A selection of Queries before buying
Most Frant leasehold apartments will have a service charge for maintenance of the building invoiced by the landlord. Should you buy the apartment you will have to meet this charge, usually periodically accross the year. This could differ from several hundred pounds to thousands of pounds for buildings with lifts and large communal areas. There will also be a ground rent to be met annual, ordinarily this is not a large sum, say around £50-£100 but you should to check as occasionally it can be prohibitively expensive. The best form of lease structure is if the freehold interest is in the ownership of the leaseholders. In this situation the lessees benefit from being in charge if their destiny and although a managing agent is usually retained where it is bigger than a house conversion, the managing agent acts for the leaseholders themselves. Its a good idea to find out as much as you can about the managing agents as they can either make living at the property much simpler or uncomfortable. As the owner of a leasehold property you are often in the clutches of the managing agents both financially and when it comes to every day matters such as the cleanliness of the common parts. Enquire of other people what they think of them. Finally, investigate as to the dates that you are obliged pay the service charge to the relevant party and precisely what it includes.