My Holmrook solicitor has uncovered a discrepancy between the information in the valuation survey and what is in the legal papers for the property. My solicitor says that he needs to check that the lender is OK with this discrepancy and is still content to lend. Is my lawyer’s stance legitimate?
Your conveyancer must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
I purchased a freehold residence in Holmrook but still charged rent, why is this and what is this?
It’s unusual for properties in Holmrook and has limited impact for conveyancing in Holmrook 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 establishment of fresh 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 post 2037 will be dispensed with completely.
I used Arc property Solicitors several years ago for my conveyancing in Holmrook. Now, I need the files but the law firm is no longer operating. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Holmrook of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Over the last few months I have been searching for a ground for flat up to £195,000 and found one close by in Holmrook I like with open areas and railway links in the vicinity, the downside is that it's only got 61 years on the lease. There is not much else in Holmrook in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a home loan the remaining unexpired lease term will be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of 2 years you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
My uncle has urged me to instruct his conveyancers in Holmrook. Should I choose my own solicitor?
There are no two ways about it the ideal way to choose a conveyancing solicitor is to get guidance from friends or relatives who have actually experience in using the firm that you are considering.
I am looking to sell my parking space which is on a separate legal title at HMLR asking for 22k, to clear debts. There is a mortgage with Santander. Is it possible for you to suggest a cheapish lawyer as the usual £500-600 reduces the return somewhat. Although I live in Holmrook I dont have to appoint a Holmrook solicitor.
The purpose of this site is limited to being a directory service for solicitors who wish to be listed as being on the approved conveyancing panel for Santander in certain locations for instance Holmrook . Our intention is not to recommend any specific conveyancing practitioner.