Why would I appoint a Romney conveyancing firm given that web based conveyancers are so much cheaper?
To take your time to find shop around for conveyancing costs in Romney and you should seek a competitive estimate but don’t become consumed with looking for the lowest priced Romney conveyancer. Locating the right conveyancer can mark the difference between a seamless and a frustrating home move. It is important that you ensure that you have expert advice from an experienced lawyer. Emails can't replace a phone discussion and can never replicate a face to face appointment. Our partner firms will find you a qualified and trusted conveyancing solicitor who can tackle your conveyancing from start to finish, providing a level of hand holding that you are unlikely to received from an web based conveyancer. He or She will update you on headway and keep you informed. If you ever need to call the firm you will be sure who you need to speak to and they will ensure you are in the know.
I am the registered owner of a freehold premises in Romney but nevertheless charged rent, why is this and what is this?
It is rare for properties in Romney and has limited impact for conveyancing in Romney 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 new rentcharges post 1977.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
What is your number one tip for choosing a conveyancing solicitor in Romney
We would encourage you not to go for the lowest Romney conveyancing costs illustration. You really do get what you’re paying for when it comes to property lawyers. 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 go into the conveyancing with your eyes wide open.
I happen to be the single recipient of my late father’s will and I have everything in my name now, including the my former home in Romney. The Romney property was put into my name in March. I plan to dispose of the house. I understand that there is a CML 6 month 'rule', meaning my property ownership may be treated the same way as if I'd bought the property in March. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be impacted by that. How practical a view mortgage companies take of it, depend on the mortgage company as this requirement chiefly exists to capture the purchase and immediately sell or the wholesaling and assigning of properties.
I am purchasing a property in Romney. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender RBS be concerned?
As your lender is RBS your lawyer must comply with the conveyancing requirements set out in Section two of UK Finance Lenders’ Handbook for RBS. The CML Handbook contains minimum requirements for solar panel roof-space leases, and conveyancing practitioners are required to report to RBS where a lease fails to meet these conditions. The requirements relate to the installation of panels on properties nationwide and is not isolated to Romney.
I have todayfound out that Action Conveyancing have closed. They carried out my conveyancing in Romney for a purchase of a freehold house 9 months ago. How can I check that my home is registered correctly in the name of the former proprietor?
The quickest method to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Romney conveyancing specialists.
I have been on the look out for a flat up to £195,000 and identified one close by in Romney I like with a park and station in the vicinity, however it's only got 51 years unexpired on the lease. I can't really find anything else in Romney for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a home loan the remaining unexpired lease term may be an issue. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you may request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
In what way can the Landlord & Tenant Act 1954 impact my commercial property in Romney and how can your lawyers assist?
The 1954 Act affords security of tenure to commercial leaseholders, giving them the legal entitlement to apply to court for a renewal tenancy and remain in occupation when the lease comes to an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and help with commercial conveyancing in Romney