I purchased a freehold residence in Hawkhurst but still pay rent, why is this and what is this?
It’s unusual for properties in Hawkhurst and has limited impact for conveyancing in Hawkhurst 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 post 1977.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.
My wife and I have recently appointed a conveyancing solicitor in Hawkhurst. I I would like to check whether they are accepted on the Santander conveyancing panel. Could you advise?
The first thing to do is e-mail your solicitor and enquire if they can act for the bank. Alternatively you can call Santander who may be able to assist.
I need some expedited conveyancing in Hawkhurst as I have a deadline to exchange contracts within one month. Fortunately I do not need a mortgage. Can I decline from having conveyancing searches to save money and time?
If.Given you are are a cash buyer you are at liberty not to do searches although no conveyancer would advise that you don't. With lots of history conveyancing in Hawkhurst the following are examples of issues that can be revealed and therefore affect the marketability of the property: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Railway Schemes,...
Are there restrictive covenants that are commonly identified as part of conveyancing in Hawkhurst?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Hawkhurst. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am purchasing my first flat in Hawkhurst with a loan from Godiva Mortgages Ltd. The sellers would not reduce the price so I negotiated 6k of additionals instead. The property agent told me not to tell my solicitor about the side-deal as it would adversely affect my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer 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 am buying a ground floor maisonette in Hawkhurst. Conveyancing solicitor is waiting for, from the vendor, building insurance paperwork. This afternoon I was informed that the owner must send the insurance schedule for the flat above as well. Why does my property lawyer want to review the insurance for the flat above? Is it strictly necessary? We have been stalled for the previous fortnight…
It is not unheard of in leasehold conveyancing in Hawkhurst to discover Conveyancing in Hawkhurst in a minority of cases reveals that the lease obliges the leasehold owners to insure their individual flats as opposed to the landlord insuring the complete building - which is clearly preferable. You should double check with your conveyancing practitioner but it would appear that your conveyancing practitioner is looking to verify that the whole building is insured. Insuring a ground floor flat is no help when it comes to rebuilding after a fire if the other flat cannot be reconstructed for lack of insurance.