I purchased a freehold residence in Chafford Hundred but nevertheless charged rent, why is this and what is this?
It’s unusual for properties in Chafford Hundred and has limited impact for conveyancing in Chafford Hundred 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 generation of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
We are expecting a mortgage offer soon. The bank mentioned the loan came with free conveyancing. Does this mean I have to use their panel solicitor as I would prefer to instruct a Chafford Hundred based conveyancing firm?
You should check but the the likelihood is that appoint one of their panel conveyancers where you take up the "fee-free" offer. Speak to the mortgage company to see if they allow a cash alternative. Some mortgage companies have previously offered a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor in Chafford Hundred.
What is your number one tip for finding a conveyancing solicitor in Chafford Hundred
It would be unwise to be swayed by the cheapest Chafford Hundred conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
I am assisting my aunt sell her property in Chafford Hundred. Will the conveyancing solicitor arrange the EPC or do I organise this?
After the demise of Home Packs, energy performance certificates was kept a compulsory element of moving house. An EPC should be commissioned in advance of the property being placed on the market. This is not as aspect of the sale process that conveyancers ordinarily arrange. If you are using a Chafford Hundred conveyancing practitioner they might be able to arrange EPC’s due to their relationships with reputable Chafford Hundred accredited person
I am buying a victorian detached house in Chafford Hundred. Our aim is to convert the garage to an office at the property.Will the conveyancing process include checks to determine if these alterations are permitted?
Your property lawyer will check the deeds as conveyancing in Chafford Hundred can sometimes reveal restrictions in the title documents which prevent certain alterations or need the permission of another owner. Many additions call for local authority planning permissions and approval in compliance with building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be prudent to check these issues with a surveyor ahead of any purchase.
four months have elapsed since my purchase conveyancing in Chafford Hundred took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am buying my first flat in Chafford Hundred with the aid of help to buy. The developers refused to budge the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative told me not to tell my conveyancer about this extras as it will put at risk my mortgage with the bank. Should I keep quiet?.
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.
Given that I am about to part with over three hundred thousand on a terraced house in Chafford Hundred I would like to talk to a conveyancer concerning thehouse move in advance of giving the go ahead to the firm. Is this something that you can arrange?
We could not agree more - we would be pleased to talk to you we do not take any clients on without you first talking to the lawyer due to be doing your conveyancing in Chafford Hundred.There is no ‘factory style conveyancing’ - each client is an important person, not a matter number. The practices that we put you in touch with believe that the fees you are provided with for residential conveyancing in Chafford Hundred should be the figure that you end up paying.