How do I search for the right lawyer to give a 1st class service for my conveyancing in Rutland?
First ask your friends and family whom they would instruct.
Option 2 is to use a search tool on the internet for conveyancing in Rutland. Pick up the phone to two or three from the list and invite them to send you their conveyancing estimate and speak to the lawyer who will handle the conveyancing in advance ofmaking your decision.
Option 3 is to make use of this site to assist you in finding the right lawyers for you based on your unique factors including location,timings, complexity and who your intended lender is. Resist the temptation to opt for ninety nine pound conveyancing in Rutland
I am the registered owner of a freehold property in Rutland yet pay rent, why is this and what is this?
It’s unusual for properties in Rutland and has limited impact for conveyancing in Rutland 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 many centuries, but the Rent Charge Act 1977 barred the generation of new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
My lawyer in Rutland is not listed on the Halifax Conveyancing Panel. Is it possible for me to continue with my family solicitor notwithstanding that they are excluded from the Halifax approved list?
The limited options available to you here include:
- Complete the purchase with your existing Rutland lawyers but Halifax will need to retain a solicitor on their list of acceptable firms. This will inevitably rack up the overall conveyancing fees and result in delays.
- Get a new lawyer to to deal with the purchase, not forgetting to check they are Halifax approved.
- Persuade your Halifax solicitor to try to join the Halifax panel
How does conveyancing in Rutland differ for new build properties?
Most buyers of new build or newly converted property in Rutland approach us having been asked by the builder to exchange contracts and commit to the purchase even before the house is built. This is because house builders in Rutland tend to buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Rutland or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a house in Rutland prior to instructing conveyancers. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some banks may refuse to give a loan on this type of house.
It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. If you call us we can check via 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 Rutland. Conveyancing may be slightly more expensive based on your lender's requirements.
Are Rutland conveyancing solicitors duty bound by the Law Society to supply clear conveyancing figures?
Inbuilt into the Solicitors Code of Conduct are specific rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their fees to clients.The Law Society have practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not intended as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, nevertheless, represent the Law Society’s view of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Rutland or further afield.