We are a couple about to sign contracts for a ground floor flat in Sittingbourne. We have hit a stumbling block. Our mortgage offer with Platform Home Loans Ltd expires on 24/9/2021 but the owners are insisting on a completion date of 28/9/2021. Can one prolong the loan offer?
The person best placed to deal with your question is your lawyer who is in a position to assess whether they corresponding with the mortgage company, seller’s solicitors, estate agents or possibly all three given what has happend in your house move to date.
I own a freehold premises in Sittingbourne yet pay rent, why is this and what is this?
It’s unusual for properties in Sittingbourne and has limited impact for conveyancing in Sittingbourne 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 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 in 2037 is to be dispensed with completely.
We are planning to move house in October. Will my conveyancing solicitor call the removal company on the day of completion. On a separate note, can you recommend a removal company in Sittingbourne. Conveyancing solicitor was found prior to coming across this website.
On the afternoon of completion you will need to pick up the house keys from your property agent but this should only happen after the previous owners conveyancers inform the agent that the monies to complete are in and the keys can be collected. You can inform the removal company that they can start moving you in. As a matter of policy we do not suggest a particular removal organisation but can assist you in finding a conveyancing in Sittingbourne or a solicitor that specialises in conveyancing in Sittingbourne.
I'm the only beneficiary of my late father’s estate with all property in now in my sole name, including the my former home in Sittingbourne. The Sittingbourne property was put into my name in June. I plan to dispose of the house. I understand that there is a CML six month 'rule', meaning my proprietorship could be considered the same way as if I'd bought the house in June. Do I have to wait half a year to sell?
The CML handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be caught by that. How practical a view banks take of it, depend on the mortgage company as this clause primarily exists to pick up on the purchase and immediately sell or the quick reselling of property.
When it comes to mortgage companies such as Virgin Money, do Sittingbourne lawyers face an annual charge to be on the list of approved solicitors?
We are not aware of any lender fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
Will commercial conveyancing searches disclose planned roadworks that may impact a commercial site in Sittingbourne?
Many commercial conveyancing solicitors in Sittingbourne will execute a SiteSolutions Highways report as it reduces the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Sittingbourne. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Sittingbourne.
For every commercial conveyancing transaction in Sittingbourne it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can result in delays to Sittingbourne commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Sittingbourne.
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Sittingbourne is where the house is located. Is there any advice you can impart?
Flying freeholds in Sittingbourne are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sittingbourne you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sittingbourne may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Is it simple use the search facility to choose a conveyancing lawyer in Sittingbourne on the authorised to act for my mortgage?
1st pick a mortgage company such as Yorkshire Building Society, Chelsea Building Society or Britannia then type in your location such as Sittingbourne. Conveyancing practices in Sittingbourne and nationally will then be shown.