I own a freehold premises in Skelmersdale yet pay rent, why is this and what is this?
It’s unusual for properties in Skelmersdale and has limited impact for conveyancing in Skelmersdale 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 fresh 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 in 2037 will be extinguished.
Two weeks ago we had a mortgage agreed in principle with Bank of Ireland. Skelmersdale conveyancing lawyers have been instructed. What is the average time that one could expect to receive a mortgage offer from Bank of Ireland?
There is no definitive answer here. Have Bank of Ireland completed the valuation? Have you advised Bank of Ireland as to your lawyers' details and checked that your lawyers are on the Bank of Ireland conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I have decided to exercise my right to buy my property in Skelmersdale off the council. I have a mortgage offer with Skipton. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Skipton, you will need to appoint a solicitor on the Skipton conveyancing panel.
At last I have had an offer on an apartment in Skelmersdale accepted, the sellers do however have a dependent purchase. The vendors have offered on on an apartment, however it’s not been accepted yet, and are looking at other flats in the pipeline. I have selected a nearby conveyancing solicitor in Skelmersdale. What do I do now? At what stage do I apply for the mortgage with Virgin Money?
It is usual to have anxieties where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is in the region of one thousand pounds, then survey, Skelmersdale conveyancing search charges, etc). The first thing to do is ensure that your property lawyer is on the Virgin Money conveyancing panel. Concerning the subsequent steps this very much dictated by the uniqueness of your transaction, attraction to this property and on the state of the market. During a buoyant market the majority of home buyers will apply for a home loan with Virgin Money and pay for the valuation and only if it comes back ok would they request their conveyancing practitioner to proceed with searches.
I used Stirling Law a few years past for my conveyancing in Skelmersdale. I now require my file but the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing 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 Skelmersdale of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
About to purchase a new build apartment in Skelmersdale. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Skelmersdale
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
Due to the advice of my in-laws I had a survey completed on a house in Skelmersdale ahead of appointing solicitors. I have been told that there is a flying freehold element to the property. My surveyor advised that some mortgage companies may not give a loan on a flying freehold property.
It depends who your proposed lender is. Lloyds has different requirements for example to Halifax. Should you wish to call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Skelmersdale. Conveyancing may be slightly more expensive based on your lender's requirements.
I am 18 days into a residential purchase having been recommend to conveyancers by the estate agent to carry out the conveyancing in Skelmersdale. I am not happy. Could you you assist me in finding new lawyers?
A solicitor would need to be very bad to suggest diss instructing them. Has the loan offer been generated? In the event that it has you need to advise them of the new contact details and get the mortgage documents are re-issued. Your conveyancer needs to be on the banks approved list to avoid supplemental expenses and complications. So that should be your starting point. Our search tool should help you find a lender approved lawyer for your conveyancing in Skelmersdale