I am the registered owner of a freehold property in Llanrhystud but nevertheless pay rent, why is this and what is this?
It’s unusual for properties in Llanrhystud and has limited impact for conveyancing in Llanrhystud 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 fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.
What is the best way to find out if the solicitor carrying out my conveyancing in Llanrhystud is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Bank of Scotland thus spending £175.00 in another set of conveyancing bill.
You should take advantage of the search tool on this site. Please choose the mortgage company and type ‘Llanrhystud’ or your location and you will discover numerous solicitors based in Llanrhystud or nearest you.
If you had a top tip for selecting a conveyancing solicitor in Llanrhystud what would it be?
We would encourage you not to base your choice on the cheapest Llanrhystud conveyancing fees. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
This question may be naive but I am unexperienced as FTB of a garden flat in Llanrhystud. Do I pick up the keys to the house on completion from my solicitor? If so, I will appoint a High Street conveyancing solicitor in Llanrhystud?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the completion advance to the owner’s conveyancers, and once they have received this, you should be able to receive the keys from the Estate Agents and start moving into the property. Usually this happens early afternoon.
I can not fathom if my mortgage offer requires a lease extension. I have called my Llanrhystud building society branch on a couple of occasions and was reassured it wasn't a problem and they will lend. My Llanrhystud conveyancing solicitor - who is on the bank conveyancing panel- called to say that they would not lend in accordance with their specific requirements. Who do I believe?
Provided that the property lawyer is on the lender panel, she or he must comply with the Council of Mortgage Lenders’ Handbook provisions for the lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
Due to the guidance of my in-laws I had a survey completed on a house in Llanrhystud prior to instructing lawyers. I have been advised that there is a flying freehold element to the house. Our surveyor advised that some lenders will refuse to give a loan on this type of home.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to telephone us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Llanrhystud. Conveyancing will be smoother if you use a solicitor in Llanrhystud especially if they are accustomed to such properties in Llanrhystud.
How do I search for a Llanrhystud law firm on the Santander conveyancing panel? I drive a motor bike and am prepared to travel upto 20kilometers to meet the solicitor.
Feel free to make use of the search on this website. Please pick a bank and your location and you will see a number of Llanrhystud conveyancing lawyers based on proximity. We have listed some Llanrhystud conveyancing firms at the bottom of this page and you can call them to verify whether they are on the Santander panel
As co-executor for the estate of my grandmother I am selling a property in Monmouth but I am based in Llanrhystud. My solicitor (who is 260 miles from merequires that I sign a statutory declaration before completion. Can you recommend a conveyancing solicitor in Llanrhystud who can attest this legal document for me?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are Llanrhystud based