We see that you have a search directory identifying firms on the HSBC conveyancing panel. Do firms pay you a commission if I instruct them for our conveyancing in Radford?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Radford.
We're in Radford, FTBs purchasing with a mortgage (lender is TSB , and our lawyer is on the TSB conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the TSB conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to take this when acquiring a property in Radford? or Apparently there is a law dating back centuries that could mean that homeowners residing in a parish church boundary may be liable to contribute towards repairs to the chancel within the church. Is this applicable for conveyancing in Radford?
Unless a previous purchase of the house completed post 12 October 2013 you can take it that conveyancing practitioners conducting conveyancing in Radford to continue to recommend a chancel search and or insurance against a claim.
Back In 2007, I bought a leasehold flat in Radford. Conveyancing and Leeds Building Society mortgage are in place. I have received a letter from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1996. The conveyancing solicitor in Radford who previously acted has now retired. Do I pay?
The first thing you should do is contact the Land Registry to be sure that this person is indeed the new freeholder. It is not necessary to instruct a Radford conveyancing firm to do this as it can be done on-line for a few pound. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Radford Leasehold Conveyancing - A selection of Queries Prior to Purchasing
Is there a share of the freehold? Plenty Radford leasehold flats will have a service charge for the upkeep of the building invoiced by the freeholder. Where you purchase the flat you will have to meet this charge, usually quarterly accross the year. This could differ from a few hundred pounds to thousands of pounds for large purpose-built blocks. There will also be a rentcharge for you to pay yearly, this is usually not a significant sum, say around £50-£100 but you should to check as sometimes it can be many hundreds of pounds. Make sure you discover if the the lease contains any onerous restrictions in the lease. By way of example it is very common in Radford leases that pets are not permitted in in a block in Radford. If you love the apartmentin Radford yet your cat is not allowed to make the move with you then you will be presented with a difficult choice.
Why am I unable to complete our conveyancing in Radford on Good Friday?
This is due to the fact that on completion the money needs to be transferred electronically between the banks of the purchaser and owner’s conveyancer and at present this can only occur on a business day. So you can't complete on a weekend either.