The loan offer from Santander for the refinancing of my single bedroom flat is due by the end of next week. Could you propose a low cost conveyancing practitioner in Eastcote?
This site is not designed to assist those in pursuit of cut-price fees for conveyancing in Eastcote. Our aim is to provide affordable conveyancing but we do not advertise as being the cheapest. Do not be seduced by brokers offering the bait of ninety nine pound conveyancing in Eastcote. At best, in choosing a lawyer for cheap conveyancing, you will get your money’s worth and at worst you will end up with a surprising uplift in extras and still not get the service expected.
I am the registered owner of a freehold premises in Eastcote but nevertheless charged rent, why is this and what is this?
It is rare for properties in Eastcote and has limited impact for conveyancing in Eastcote 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.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
I'm the single recipient of my late mum's estate and I have everything in my name alone, including the my former home in Eastcote. The Eastcote property was put into my name in November. I want to move. I do know about the Mortgage Lenders six month 'rule', which means that my proprietorship could be regarded the same way as though I had purchased the house in November. Will no one buy the property for half a year?
The CML handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. many banks would take a sensible view as this clause primarily exists to identify subsales or the flipping of property.
We have a mortgage agreed in principle with Leeds Building Society. Eastcote conveyancing lawyers have been selected. How long does it take for Leeds Building Society to send the offer to the solicitor?
Some lenders take longer than others. Have Leeds Building Society done the survey? Have you informed Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am buying a property in Eastcote. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Skipton be concerned?
As you are obtaining a mortgage with Skipton your lawyer must check the conveyancing instructions set out in Part two of UK Finance Lenders’ Handbook for Skipton. The CML Handbook includes minimum requirements for solar panel roof-space leases, and property lawyers are required to report to Skipton where a lease does not meet these provisions. The conditions relate to the installation of panels on properties nationwide and is not isolated to Eastcote.
A colleague suggested that if I am buying in Eastcote I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually quoted for as part of the standard Eastcote conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Eastcote around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Eastcote Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Eastcote Education with plans and statistics, Local Amenities and other useful data about Eastcote.
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. Eastcote is the location of the property. Can you shed any light on this issue?
Flying freeholds in Eastcote are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Eastcote you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Eastcote may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
My mother purchased her house in Eastcote in 2006. She has since got married, divorced and is now remarried. She intends to sell the house next autumn. I think she will simply be requested to supply copies of the marriage papers to the conveyancer however she is worried it could hold up the sale of the property. Should she instruct a conveyancer to update the Land Registry details for the property?
The is no need to update the register as long as you have the proof required to show how the change of name occurred.
The purchaser’s conveyancing practitioner will review the title entries and request evidence to prove the change of name for example marriage documentation.