I am the registered owner of a freehold house in Harlow yet charged rent, why is this and what is this?
It’s unusual for properties in Harlow and has limited impact for conveyancing in Harlow 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 establishment of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed 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 hope to to buy with Darlington Building Society. We have called around locally yet am struggling to find a Harlow conveyancing firm on the Darlington Building Society panel. Please you help?
Please do take advantage of the find a lender approved solicitor tool on this page. Please choose the lender and type Harlow or your preferred area and you will discover numerous conveyancers offices in Harlow or nearest you.
I am helping my niece sell her flat in Harlow. Will the conveyancer arrange an energy assessment or do I organise this?
Following the abolition of Home Information Packs, energy assessments was maintained a compulsory part of moving property. An energy performance certificate must be commissioned before the property is advertised. It is not as aspect of the sale process that lawyers ordinarily organise. Where you are instructing a Harlow conveyancing lawyer they may be able to arrange energy assessments given their relationships with long established Harlow providers
I have a mortgage with TSB for my property in Harlow. Conveyancing has been completed months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform TSB?
TSB must be informed of your intention prior to renting your property as this is likely to be a breach of TSB’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact TSB directly. It should not be necessary to do this via a TSB conveyancing panel firm.
About to purchase maisonette in Harlow. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Harlow lawyer is on the Nationwide conveyancing panel.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The lawyers who did the conveyancing in Harlow 10 years ago are no longer around. Will I be able to sell the house?
In today’s world there are copies made of almost everything, and your solicitor should know precisely where to locate all the suitable paperwork so you may purchase or sell your house without any difficulty. If duplicates can’t be located, your solicitor can put in place insurance or indemnities against possible claims on your premises.
I'm purchasing a new build house in Harlow with a mortgage from Birmingham Midshires. The builders refused to move on the amount so I negotiated £7000 of extras instead. The house builders rep advised me not reveal to my conveyancer about the extras as it could affect my loan with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I need to find a conveyancing solicitor for freehold conveyancing in Harlow. I have discover a site which seems to have the ideal offering If there is a chance to get all the legals done via phone that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?