I am in the market for a low cost property lawyer. Do I opt for an online conveyancer as opposed to a local Stockbridge Village conveyancing solicitor?
Existing third party relationships is an important consideration when choosing conveyancing lawyers. Stockbridge Village law firms enjoy connections with mortgage brokers and Stockbridge Village, local authorities, surveyors and other law firms meaning you will move in shortest possible time. Having years of insight into the local area is an advantage.
Me and my brother own a semi-detached Victorian house in Stockbridge Village. Conveyancing lawyer represented me and Chelsea Building Society. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold under the exact same address. 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 for 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 Stockbridge Village 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 question the situation with the conveyancing solicitor who carried out the work.
I am buying a new build house in Stockbridge Village with a loan from Barclays Direct. The developers would not budge the price so I negotiated 6k of fixtures and fittings instead. The estate agent advised me not to tell my conveyancer about the side-deal as it will affect my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what was supposed to be a quick, no chain conveyancing. Stockbridge Village is where the house is located. Can you offer any opinion?
Flying freeholds in Stockbridge Village are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Stockbridge Village you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stockbridge Village may determine 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.
In what way does the Landlord & Tenant Act 1954 affect my business offices in Stockbridge Village and how can you help?
The 1954 Act affords security of tenure to commercial leaseholders, granting the right to make a request to court for a renewal lease and continue in occupation at the end of the lease term. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Stockbridge Village is one of the many locations in which our lawyers have offices