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Ready to buy a new home in Fortis Green? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Fortis Green transaction at risk of delay or failure.

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Recently asked questions about conveyancing in Fortis Green

I am in the market for a low cost property lawyer. Do I opt for an internet conveyancer or a high street Fortis Green conveyancing solicitor?

Established third party relationships is an important consideration when appointing conveyancing lawyers. Fortis Green conveyancers benefit from connections with lenders and selling, local authorities, valuers and other law firms meaning you will move in shortest possible time. Hosting a well rounded knowledge of the local area is an advantage.

I am the registered owner of a freehold premises in Fortis Green yet invoiced for rent, why is this and what is this?

It’s unusual for properties in Fortis Green and has limited impact for conveyancing in Fortis Green 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 creation of new rentcharges post 1977.

Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.

I have recentlybecome aware that Stirling Law have closed. They carried out my conveyancing in Fortis Green for a purchase of a leasehold flat 18 months ago. How can I check that the property is registered correctly in the name of the former proprietor?

The easiest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Fortis Green conveyancing specialists.

Do I need to be suspicious by brokers that I am dealing with are suggesting an internet conveyancing firm as opposed to a local Fortis Green conveyancing firm?

As with many professional services, often recommendations from family and friends can be worth their weight in gold. Yet there are lots of players in a conveyancing transaction; estate agents, financial adviser and banks may put forward lawyers to use. Sometimes these lawyers might be known to one of the organisations as experts in their field, but sometimes there is an underlying commercial relationship behind the endorsement. You have the right to choose your own conveyancer. However, bear in mind that most lenders specify a panel list of law firms you must use for the lender related work in your conveyancing.

Looking forward to exchange soon on a ground floor flat in Fortis Green. Conveyancing lawyers inform me that they report fully next week. Are there areas in the report that I should be focusing on?

The report on title for your leasehold conveyancing in Fortis Green should include some of the following:

    Whether your lease provides for a reserve fund for major works? You should have a good understanding of the building insurance obligations Responsibility to repair and maintain the block. It is essential for you to know who is duty bound to repair and maintenance of all parts of the block and estate It needs to be made clear to you whether the lease allows you to change or upgrade aspects of the premises- you should know whether any restrictions relates to all alterations or limited to structural alteration, and whether permission is mandated necessary What options are available to the landlord where you breach a clause of your lease?
For a comprehensive list of information to be included in your report on your leasehold property in Fortis Green please ask your solicitor in ahead of your conveyancing in Fortis Green.

Following months of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Fortis Green. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?

Where there is a absentee freeholder or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to make a decision on the amount due.

An example of a Lease Extension decision for a Fortis Green property is 21 St Matthews Court Coppetts Road in February 2013. the applicant applied to the Tribunal for a determination of the premium payable for a lease extension pursuant to Section 48 of the Leasehold Reform (Housing and Urban Development ) Act 1993. The tribunal therefore ordered that the premium was to be £13,267. This case affected 1 flat. The unexpired lease term was 68 years.

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