Is the fact that my solicitor in Frognal is not on my bank's solicitor panel that there is a problem with the quality of his work?
It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should contact the Frognal conveyancing practice and enquire why they are no longer on the approved list for your lender.
I am the registered owner of a freehold house in Frognal but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Frognal and has limited impact for conveyancing in Frognal 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 establishment of new rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in two weeks back in what was supposed to be a quick, chain free conveyancing. Frognal is where the house is located. Is there any guidance you can impart?
Flying freeholds in Frognal are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Frognal you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Frognal may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I am looking into buying my first house which is in Frognal and I am already nervous. I couldn't find anything specific about Frognal. Conveyancing will be needed in due course but do you know about the Frognal area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Frognal. In the meantime here are some basic statistics that we found
In searching the internet for the words cheap conveyancing in Frognal it brings up many solicitorsin the vicinity. With so much choice what is the best way to find the suitable conveyancer for the sale of my house?
The preferential way of choosing the right conveyancer is via trusted testimonial, so enquire of colleagues and family who have purchased a property in Frognal or a respected estate agent or financial adviser. Costs for conveyancing in Frognal differ, so it's sensible to secure at least four fee calculations from different solicitors. Make sure that you know that the fees are fixed.