I am the registered owner of a freehold residence in Navenby yet charged rent, why is this and what is this?
It’s unusual for properties in Navenby and has limited impact for conveyancing in Navenby 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 generation of new rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
We are planning to purchase with Earl Shilton BS. We have called around locally but cant to find a Navenby conveyancing firm on the Earl Shilton BS panel. Can you assist?
Feel free to make the most of the search tool on this web page. Pick the building society and type Navenby or your location and you will see a number of lawyer located in Navenby or by proximity to you.
I am assisting my aunt sell her property in Navenby. Does the conveyancer order an EPC or should I organise this?
Following the demise of Home Information Packs, energy assessments became a mandatory part of selling a property. An energy performance certificate must be to hand in advance of the property being placed on the market. This is not something that solicitors ordinarily arrange. If you are instructing a Navenby conveyancing practitioner they may help arrange energy assessments due to their relationships with reputable local providers
This question may be naive but I am wet behind the ears as FTB of a two bedroom flat in Navenby. Do I receive the keys to the house on completion from my conveyancer? If this is the case, I will appoint a local conveyancing solicitor in Navenby?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the seller's lawyers, and once they have received this, you should be called to pick up the keys from the property Agents and move into your new home. Usually this happens between 1 and 3pm.
The formalities of my purchase has taken place for my property in Navenby. Conveyancing was satisfactory but I would like to complain about the lender. How does one go about formally complaining?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
Is it necessary to take out insurance to protect me from financial exposure to chancel repairs when purchasing a residence in Navenby?
Unless a prior purchase of the house completed post 12 October 2013 you may expect solicitors conducting conveyancing in Navenby to continue to suggest a chancel search and or insurance against a claim.
Due to the input of my in-laws I had a survey completed on a property in Navenby prior to retaining lawyers. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies may not grant a loan on such a premises.
It depends who your proposed lender is. Lloyds has different requirements for example to Nationwide. Should you wish to telephone us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Navenby. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Navenby to see if the conveyancing costs will increase in light of this.
We have AIP from Accord Mortgages Ltd who suggested that they will loan up to £300k. When do I need to instruct a practitioner for conveyancing? Navenby is where we are .
It would be wise to appoint a lawyer now so that the lawyer can open the file so they can conduct the AML checks etc. As and when you wish them to start work they will seek a deposit normally approximately £200. That would generally be after you have the mortgage offer and survey back, however if you wish to expedite the process you can start the ball rolling quicker even though you may be risking some expense.