I am the registered owner of a freehold property in Handforth yet pay rent, why is this and what is this?
It is rare for properties in Handforth and has limited impact for conveyancing in Handforth 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 fresh rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
Can you help - my lawyer advises that breach of easement insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Handforth?
The right level of breach of easement indemnity insurance should be dictated by who your lender. It would differ for example between Nationwide Building Society and Chelsea Building Society. Conveyancing lawyers as opposed to borrowers take out such insurances.
Does a directory service exist listing Kent Reliance panel conveyancers in Handforth on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such tool on the CML or Building Society Association websites. Very few lending institutions make their panel listings open the public over the internet. If you are seeking to appoint a Handforth conveyancing practitioner on the Kent Reliance please make the most of our tool.
Two weeks ago we had a mortgage agreed in principle with Lloyds. Handforth conveyancing practitioners were selected. How long does it take for Lloyds to issue the offer to the solicitor?
There is no definitive answer here. Have Lloyds completed the valuation? Have you advised Lloyds as to your lawyers' details and checked that your lawyers are on the Lloyds conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
It has been 4 months following my purchase conveyancing in Handforth completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
What tools are available to locate a Handforth law firm on the Lloyds TSB Bank conveyancing panel? I have a car and am prepared to travel upto 10miles to meet the solicitor.
You can use the facility on this website. Please pick a lender and your location and you will see a number of Handforth conveyancing lawyers located nearest you. We have detailed some Handforth conveyancing firms towards the end of this page and you can contact them to verify if they are on the Lloyds TSB Bank approved list
In my capacity as executor for the estate of my uncle I am disposing of a property in Newport but I am based in Handforth. My lawyer (approximately 250 kilometers awayneeds me to execute a stat dec ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Handforth who can witness this legal document for me?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are based in Handforth
I am an executor of my recently deceased mum’s Will, with a house in Handforth which is to be marketed. The bungalow has never been registered at the Land Registry and I'm told that many EAs will insist that it is done before they will proceed. What's the mechanism for this?
In the situation that you have set out it seems prudent to apply to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and certified copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.