We were about to retain a conveyancing solicitor in Poplar listed using your comparison tool but have come across some other quotes on the internet seem less pricey – why is this?
There are plenty of conveyancing outfits offering what appear to be cut price. Our recommendation is to give due consideration as to how important this transaction is to you that want to be penny wise pound foolish in relation to the standard of the conveyancing. Some hide extras well inside the terms of business. The law firms that we list for conveyancing in Poplar neverdo this.
I am the registered owner of a freehold property in Poplar but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Poplar and has limited impact for conveyancing in Poplar 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 have existed for many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.
My wife and I have recently appointed a conveyancing solicitor in Poplar. I I am struggling to find out if they are on the Bank of Scotland approved list of lawyers. Can you advise?
The first thing you should do is contact the lawyer and ask them whether they are on the lender panel. Alternatively you should get in touch with Bank of Scotland who may be able to confirm.
My cousin has suggested that I instruct his conveyancers in Poplar. Should I use them?
Much as we are happy to recommend a Poplar conveyancing lawyer the best way to select a conveyancing solicitor is to get referrals from friends or relatives who have experience in using the conveyancer you're are thinking of instructing.
I am employed by a busy estate agency in Poplar where we have experienced a number of leasehold sales derailed due to short leases. I have been given conflicting advice from local Poplar conveyancing firms. Please can you shed some light as to whether the owner of a flat can instigate the lease extension process for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Having spent years of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in Poplar. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We can put you in touch with a Poplar conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Poplar flat is 12, 14 & 16 Hull Close in May 2010. the Tribunal determined that the premium payable for the acquisition of the freehold to the subject premises was the sum of £18,300 This case related to 3 flats. The unexpired lease term was 101.61 years.