Having been referred to your company we were about to go ahead with a conveyancing solicitor in Mossley Hill found using your search tool but stumbled across some other fee calculations via the web seem cheaper – why is this?
There are hundreds of solicitors offering theoretically looks to be extremely cheap conveyancing in Mossley Hill. Our recommendation is to think twice as to how much you respect your own move to want to take 'cheap' risks in relation to the quality of the legal work. Some hide additional charges deep into the terms of business. The solicitors that we put forward for conveyancing in Mossley Hill will notdo this.
I purchased a freehold property in Mossley Hill but nevertheless pay rent, why is this and what is this?
It is rare for properties in Mossley Hill and has limited impact for conveyancing in Mossley Hill 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 new rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
I have been on the look out for a flat up to £245,000 and found one round the corner in Mossley Hill I like with open areas and transport links nearby, however it's only got 61 years unexpired on the lease. There is not much else in Mossley Hill suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you need a mortgage the shortness of the lease will likely be a potential deal breaker. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of twenty four months you may ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.
I'm converting the mortgage on my existing property to a BTL mortgage with Clydesdale and intend to use the remaining equity as a deposit on a second house. The area we are looking at is Mossley Hill. Will your conveyancers be able to act for both sets of lenders and tie in the transactions?
Make use of our comparison tool on this site to ensure that the conveyancers are on the appropriate lender panels. On the basis that they are the lawyer should be able to tie up the two transactions but you should have a chat with you solicitor and communicate your desired outcome and requirements.
My husband and I are FTB’s - had an offer accepted, but the property agent told us that the vendor will only issue a contract if we use their preferred lawyers as they need a ‘quick sale’. My instinct tells me that we should use a local solicitor with experience of conveyancing in Mossley Hill
We suspect that the owner is unaware of this requirement. Should the vendor desire ‘a quick sale', taking such a hostile approach to a motivated buyer is going to damage their objectives. Speak to the vendors direct and explain that (a)you are serious buyers (b)you are ready to progress, with finances in place © you do not need to sell (d) you intend to proceed fast (e)but you will continue to appoint your preferred Mossley Hill conveyancing solicitors - as opposed tothe ones that will provide their estate agent a introducer fee or achieve conveyancing figures pre-set by corporate headquarters.