We hired a local solicitor for our conveyancing in Fetcham last week. Reviewing the Terms and Conditions it is apparent thatI am responsible for fees even if the sale aborts. Should I ditch them and instruct an on-line conveyancing company who offer no-sale-no-fee conveyancing in Fetcham?
Generally there is a concession along the lines that if "No Completion No Fee" is available then the conveyancing charges will tend to be be higher to cover the cases that do not go ahead. Dont forget that such promotions rarely protect you from expenses for example Fetcham conveyancing search expenses.
Completed the sale of my flat in Fetcham last June but our buyer keeps texting daily to say their conveyancer is waiting to hear from myconveyancer. What are the post completion sale legalities now that I have sold?
Following your disposal your lawyer should deliver the transfer documentation and all supplemental paperwork to the buyer’s lawyers. Where appropriate, your lawyer must also send confirmation that the mortgage has been repaid to the purchasers solicitors. There is unlikely to be post completion requirements unique to conveyancing in Fetcham.
I note that there are debates on Chancel Insurance on online forums. Am I compelled to have this when purchasing a property in Fetcham? or I am told that there is a law dating back centuries that means some homeowners residing in a parish church boundary will be compelled to contribute towards maintenance towards the chancel within the church. Is this suitable for conveyancing in Fetcham?
Unless a prior purchase of the premises completed post 12 October 2013 you can take it that solicitors delivering conveyancing in Fetcham to continue to recommend a chancel search and or chancel repair liability policy.
I have a 4 bedroom Edwardian house in Fetcham. Conveyancing solicitor acted for me and Yorkshire Building Society. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold under the exact same property. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Fetcham and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with your conveyancing practitioner who conducted the conveyancing.
I only have 72 years remaining on my lease in Fetcham. I now wish to get lease extension but my freeholder is absent. What options are available to me?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. You will be obliged to demonstrate that you or your lawyers have used your best endeavours to track down the landlord. On the whole an enquiry agent may be helpful to conduct investigations and prepare an expert document to be used as proof that the freeholder is indeed missing. It is advisable to get professional help from a property lawyer both on investigating the landlord’s disappearance and the application to the County Court covering Fetcham.
I invested in buying a ground floor flat in Fetcham, conveyancing formalities finalised 7 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Fetcham with over 90 years remaining are worth £216,000. The ground rent is £50 invoiced every year. The lease comes to an end on 21st October 2094
With 69 years remaining on your lease the likely cost is going to be between £9,500 and £11,000 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.