I am the registered owner of a freehold property in Collier Row yet pay rent, why is this and what is this?
It is rare for properties in Collier Row and has limited impact for conveyancing in Collier Row 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 hundreds of years, 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 after 2037 is to be dispensed with completely.
We just had an offer accepted to buy with Coventry BS. We have called around locally but am unable to find a Collier Row conveyancing firm on the Coventry BS approved list. Can you assist?
You should make the most of the find a conveyancing panel solicitor tool on this page. Please choose the building society and type Collier Row or your preferred area and you will discover a number of lawyer offices in Collier Row or by proximity to you.
My wife and I purchasing a 3 bedroom semi in Collier Row. The intention is to convert the garage to an office at the property.Will legal work on the property include enquiries to determine if these works are permitted?
Your solicitor should check the registered title as conveyancing in Collier Row can occasionally reveal restrictions in the title deeds which prohibit categories of changes or need the consent of another owner. Certain extensions need local authority planning permissions and approval in accordance building regulations. Many locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these issues with a surveyor ahead of any purchase.
My wife and I have organised a further advance on our mortgage from HSBC as we want to carry out a loft conversion to our property in Collier Row. Are we obliged to appoint a nearby Collier Row solicitor on the HSBC conveyancing panel to deal with the legals?
HSBC don't usually require firms on their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the HSBC list.
I am due to exchange contracts on my apartment. I had a double glazing fitted in December 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Virgin Money are being problematic. The Collier Row solicitor who is on the Virgin Money conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Virgin Money are insisting on a building regulation certificate. Why do Virgin Money have a conveyancing panel if they don't accept advice from them?
It is probably the case that Virgin Money have referred the matter to their valuer. The reason why Virgin Money may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Despite weeks of looking the Title Certificate and documents to my home can not be found. The conveyancers who did the conveyancing in Collier Row 5 years ago are no longer around. Will I be able to sell the house?
These day there are copies made of almost everything, and your conveyancer will know exactly where to locate all the appropriate paperwork so you may purchase or sell your property without a hitch. If duplicates can’t be found, your solicitor may be able to put in place insurance or indemnities against possible claims on the property.
I have been recommended by a number of estate agents in Collier Row to select a conveyancer on your site. Is there a financial incentive for Estate Agents to offer your services ahead of a competitor’s?
We refuse to make any financial incentive for pointing buyers and sellers to this site. We thought it would be too underhand to pay a commission because members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
We're first time buyers - had an offer accepted, but the agent told us that the seller will only go ahead if we appoint the agent's chosen solicitors as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a high street conveyancer accustomed to conveyancing in Collier Row
We suspect that the seller is not behind this requirement. Should the vendor desire ‘a quick sale', turning down a genuine purchaser is likely to cause more damage than good. Speak to the vendors direct and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you are going to instruct your preferred Collier Row conveyancing solicitors - not the ones that will provide the negotiator at the agency a referral fee or achieve conveyancing thresholds set by senior management.