I purchased a freehold premises in Sittingbourne but nevertheless pay rent, why is this and what is this?
It is rare 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 many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.
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 dispensed with completely.
We're in Sittingbourne, First timers purchasing with a mortgage (lender is TSB , and our lawyer is on the TSB conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the TSB conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I know that there are debates on Chancel Insurance on online forums. Do I need this when purchasing a property in Sittingbourne? or Apparently there is an ancient law that could mean that homeowners living in a parish church boundary may be liable to contribute towards maintenance towards the chancel within the church. Is this relevant for conveyancing in Sittingbourne?
Unless a prior acquisition of the premises took place after 12 October 2013 you may assume that conveyancing practitioners carrying out conveyancing in Sittingbourne to remain recommending a chancel search and or insurance against a claim.
I used Action Conveyancing a few years past for my conveyancing in Sittingbourne. Now, I need the documents however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Sittingbourne of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am thinking of appointing a conveyancing practitioner in Sittingbourne for my sale. Can I review a solicitor's record with the profession’s regulator?
One may find presented Solicitor Regulator Association (SRA) decisions stemming from investigations from 2008 onwards. Visit Check a solicitor's record. For records about the period before 1 January 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, call +44 (0)121 329 6800. The SRA may recorded call for training requirements.
We are midway through purchasing a house in Sittingbourne. Conveyancing lawyer has told us the title is "Leasehold". Will this likely impact the marketability of the property?
Sittingbourne conveyancing does not normally involve leasehold houses. The key factor here is the length of lease and the ground rent. If there are hundred of years years remaining with a peppercorn rent, it's almost the same as freehold, so it’s unlikely to affect the marketability significantly.
At the other extreme, if it's, say, fifty five years it will have a significant effect on the saleability, and probably wouldn't be acceptable to the mortgage company. The remaining lease term and ground rent will be stated in the lease to be supplied to your solicitor.