Why would I appoint a Wheatley conveyancing company given that national conveyancers are more affordable?

Its a good idea to compare conveyancing costs in Wheatley and you should seek a competitive fee calculation but don’t be focused with searching for the cheapest Wheatley conveyancer. Finding the right conveyancer can be the difference between a smooth and a distressing move. It is important that you ensure that you have expert advice from an experienced conveyancer. Emails can't replace a phone call and can never replicate a face to face appointment. Our partner firms will find you a qualified and experienced conveyancing solicitor who can deal with your conveyancing from beginning to end, giving the sort of continuity that you are unlikely to received from an internet conveyancer. Our lawyers will inform you as to any developments and keep you informed. Should it ever be necessary to phone the office you will know who to ask for and we'll ensure you're not left wondering what's going on.

Is it possible for conveyancing in Wheatley to be completed within 3 weeks?

First, If you are under a tight deadline to complete it is advisable to make sure that your lawyer is familiar with the location as they will make use of local contacts and intelligence. It is even conceivable that they would have transacted previousproperties in the same neighbourhood. Therefore consider using a Wheatley conveyancing solicitor. Second, check that the lawyer is on the member panel. It is said that nearly one in five of Wheatley conveyancing deals are held up or derailed after discovering a purchaser’s lawyer was not on their mortgage lender’s panel. In many cases this discovery resulted in the buying process being frustrated by as much as three weeks. It is understood that this issue impacts in the region of one hundred thousand home sales every year. Many Wheatley conveyancing practices can not represent certain banks so do check as early as possible.

I own a freehold house in Wheatley yet pay rent, why is this and what is this?

It’s unusual for properties in Wheatley and has limited impact for conveyancing in Wheatley 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 fresh rentcharges post 1977.

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

Am I right to be suspicious that estate agents that I am dealing with are encouraging me to use a factory type conveyancing firm as opposed to a High Street Wheatley conveyancing practice?

As with many professional services, often referrals from connections can be extremely useful or valuable. Nevertheless there are numerous players in a conveyancing matter; estate agents, financial adviser and lenders may put forward lawyers to retain. On occasion these lawyers might be known to one of the organisations as one of the best in their field, but sometimes there behind the scenes financial incentive behind the recommendation. You are at liberty to choose your own conveyancer. You need to be aware that some banks specify a panel list of conveyancers you are obliged to use for the mortgage aspect of your home move.

Last August I purchased a leasehold flat in Wheatley. Am I liable to pay service charges relating to a period prior to my ownership?

Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Wheatley Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to Purchasing

The best form of lease structure is if the freehold reversion is owned by the leaseholders. In this arrangement the tenants benefit from control and even though a managing agent is frequently retained where the building is bigger than a house conversion, the managing agent acts for the leaseholders themselves. Are any of leasehold owners in arrears of their service charge payments?