Can the conveyancing practitioners identified through your search tool carry out auction conveyancing in Kempsey?
We know of a number of auction practitioners we can put you in touch with those conducting auction conveyancing. Kempsey is one of our locations in which our lawyers have a presence.
I purchased a freehold premises in Kempsey but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Kempsey and has limited impact for conveyancing in Kempsey 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 many centuries, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
What does a local search tell me about the house I am buying in Kempsey?
Kempsey conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search company for example Onsearch The local search plays a central part in many a Kempsey conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your new home. The search should reveal information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
I'm buying a new build house in Kempsey benefiting from help to buy. The sellers would not reduce the price so I negotiated £7000 of extras instead. The sale representative told me not inform my conveyancer about the side-deal as it would jeopardize my mortgage 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.
What makes your site different to other internet conveyancing brokers when it comes to conveyancing in Kempsey?
At this site receive a conveyancing quote from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Kempsey. As opposed to estate agents and brokerage sites we do not have referral deals with solicitors. Many agents and online brokers 'recommend' the firm who pay the most kickback, not the best value conveyancing in Kempsey
Estate agents have just been given the go-ahead to market my basement flat in Kempsey. Conveyancing is yet to be initiated, however I have just had a quarterly service charge invoice – what should I do?
Your conveyancing lawyer is likely to suggest that you should clear the invoice as normal given that all rents and maintenance invoices will be apportioned on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I invested in buying a 1 bedroom flat in Kempsey, conveyancing was carried out half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Similar properties in Kempsey with over 90 years remaining are worth £191,000. The average or mid-range amount of ground rent is £55 charged once a year. The lease ceases on 21st October 2079
You have 54 years left to run we estimate the price of your lease extension to range between £32,300 and £37,400 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed due diligence. You should not use this information in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.