I am expecting a mortgage with Lloyds. I intend to retain the legal services of a Licensed Conveyancer in Edge Hill. Does the Lloyds Conveyancing panel allow for conveyancers regulated by the CLC?
The Lloyds approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I am the registered owner of a freehold property in Edge Hill but nevertheless pay rent, why is this and what is this?
It is rare for properties in Edge Hill and has limited impact for conveyancing in Edge Hill 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 establishment of new rentcharges from 1977 onwards.
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 extinguished.
I own a semi-detached Victorian property in Edge Hill. Conveyancing lawyer acted for me and Norwich and Peterborough Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold under the matching property. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Edge Hill and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with your conveyancing solicitor who conducted the purchase.
I have been advised by a number of estate agents in Edge Hill to get a quote from a solicitor using your seach tool. What’s the financial upside for Estate Agents to recommend your lawyers ahead of another?
We refuse to give any referral fee for sending work our way. We thought it would be too underhand a fee as a client could think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
I need to instruct a conveyancing lawyer in Edge Hill for my purchase. Is it possible to check a solicitor's complaints history with the legal regulator?
You may read published Solicitor Regulator Association (SRA) decisions resulting from inquisitions started on or after 1 January 2008. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, call +44 (0)121 329 6800. The regulator could recorded telephone calls for training reasons.
What is the reason for new build conveyancing in Edge Hill being more expensive?
Buying a brand new premises is completely different from the normal house buying conveyancing in Edge Hill. Firstly sellers usually insist contracts to exchange inside a short timeframe, the result being a a great deal of pressure on your conveyancer to make sure everything is in order. In addition new build properties often involve the checking of adoption of highways, drains, planning considerations, building warranties or architects certificates. Lenders obligations are also more demanding. Given the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.