I own a freehold property in Birchington but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Birchington and has limited impact for conveyancing in Birchington 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 creation 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 extinguished.
I had intended to instruct a conveyancing solicitor in Birchington for our house purchase. Our broker informed us that our bank Birmingham Midshires won't deal with them. Surely this is unfair competition?
Banks on the whole imposes restrictions either the type or the number of conveyancing solicitors on their approved list of lawyers. A common example of such restriction(s) being that a law practice must have two or more partners. As well as restricting the type of firm, a few banks have reduced the number of firms they permit to act for them. You should note that Birmingham Midshires have no responsibility for the quality of advice provided by any member of Birmingham Midshires Conveyancer Panel. Mortgage fraud was a primary driver in the reduction of solicitor panels since 2008 even though there are mixed opinions about the extent of solicitor engagement in some of that fraud. Figures from the Land Registry reveal that thousands of law firms, including some in or near Birchington only carry out very few conveyances per annum.
I am due to move house in December. Will my conveyancing solicitor call the removal company on the day of completion. On a separate note, can you put forward a removal company in Birchington. Conveyancing solicitor was found prior to coming across this website.
On the afternoon of completion you can pick up the keys from your property agent but this should only happen when the sellers lawyers inform the agent that they have the completion monies and the keys can be handed over. You should inform the removal company that they can start moving you in. As a matter of policy we do not recommend a particular removal company but can assist you in finding a conveyancing in Birchington or a solicitor that specialises in conveyancing in Birchington.
We previously appointed solicitors with offices in Birchington on the Nottingham solicitor approved list. They are now charging me a separate amount for handling the Nottingham mortgage. Is this a supplemental conveyancing fee set by Nottingham?
As unfair as it may seem, as long as it’s in their Terms and Conditions or Quote then yes your solicitor is entitled to levy a fee for this. This fee is not set by Nottingham but by your Birchington conveyancer. Some firms on the Nottingham panel will charge ’dealing with mortgage’ fee but some firms incorporate it on their overall fee.
I am currently in the process of buying my council flat in Birchington. I have a mortgage agreed with Nottingham. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Nottingham, you will need to appoint a solicitor on the Nottingham conveyancing panel.
I'm buying a new build house in Birchington benefiting from help to buy. The sellers refused to reduce the amount so I negotiated £7000 of fixtures and fittings instead. The house builders rep told me not inform my lawyer about the extras as it could impact my mortgage with Aldermore. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer 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.
I decided to have a survey carried out on a property in Birchington prior to instructing solicitors. I have been informed that there is a flying freehold aspect to the property. The surveyor has said that some banks may refuse to issue a mortgage on this type of premises.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. If you call us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Birchington. Conveyancing will be smoother if you use a solicitor in Birchington especially if they are accustomed to such properties in Birchington.
How easy is it to swap solicitor as I need to retain one who is on the Britannia conveyancing list. I had appointed a family conveyancing solicitor in Birchington round the corner but she is not approved by Britannia
It would be our pleasure to help you select a conveyancing solicitor in Birchington on the Britannia panel. Please note that the property lawyers that we on the directory do not pay us commission if you instruct them and are registered with the Solicitors Regulation Authority who oversee all conveyancing solicitors in Birchington. In utilising search facility on this page, you can scrutinise costs for conveyancing solicitors in Birchington and beyond.