I own a freehold property in Blandford Forum yet pay rent, why is this and what is this?
It’s unusual for properties in Blandford Forum and has limited impact for conveyancing in Blandford Forum 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 new 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 post 2037 is to be dispensed with completely.
We're in Blandford Forum, First timers buying with a mortgage (lender is Barclays , and our lawyer is on the Barclays conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Barclays conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I am assisting my mother sell her house in Blandford Forum. Will the solicitor order an EPC or do I organise this?
Following the demise of HIPs, EPC’s was kept a required component of selling a property. An energy assessment should be to hand prior to the property being put on the market. This is not something that law firms ordinarily organise. Where you are using a Blandford Forum conveyancing practitioner they may help arrange energy performance certificates given their contacts with reputable local accredited person
Can I be sure that the Blandford Forum conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Blandford Forum obtaining recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the solicitor carrying out your conveyancing.
It is unclear whether my mortgage offer requires a lease extension. I have telephoned my Blandford Forum bank branch on various occasions and was told it does not impact the mortgage offer and they will lend. My Blandford Forum conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they would not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
Your conveyancer must follow the Council of Mortgage Lenders’ Handbook section two provisions for your bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
I was advised by three or four local estate agents in Blandford Forum to get a quote from a conveyancer using your seach tool. Is there a financial incentive for Estate Agents to recommend your site over and above another?
We refuse to offer any financial incentive for directing people in our direction. We found it would be just too difficult a fee as home movers will think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
We're first time buyers - had an offer accepted, but the property agent has warned us that the owners will only move forward if we use the agent's preferred solicitors as they need an ‘expedited deal’. Our preferred option is to instruct a local solicitor accustomed to conveyancing in Blandford Forum
It is highly unlikely the owners are driving this. If they desire ‘a quick sale', alienating a serious purchaser is is going to put the whole deal at risk. Bypass the agents and go straight to the owners and make the point that (a)you are serious purchasers (b)you are ready to progress, with mortgage lined up © you are chain free (d) you wish to move quickly (e)however you intend to appoint your preferred Blandford Forum conveyancing solicitors - not the ones that will give the negotiator at the agency a referral fee or hit his conveyancing thresholds demanded by head office.
What type of premises does your Blandford Forum conveyancing estimates relate to?
Our conveyancing quotes are only appropriate to standard domestic property in England & Wales. Where you have any different needs such as industrial or agricultural property or commercial conveyancing in Blandford Forum please telephone us to address your requirements .