I am the registered owner of a freehold premises in St Pancras but still charged rent, why is this and what is this?
It is rare for properties in St Pancras and has limited impact for conveyancing in St Pancras 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 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 one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
What is the optimum way to find out if the solicitor handling my conveyancing in St Pancras is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Yorkshire Building Society thus spending £192.00 in further conveyancing fees.
Feel free to take advantage of the find a conveyancing panel solicitor tool on this site. Please choose the mortgage company and type ‘St Pancras’ or your preferred area and you will see a number of lawyer offices in St Pancras or by proximity to you.
We are planning to move home in March. Will my conveyancing solicitor communicate with the removal company on the completion day. Incidentally, can you recommend a removal company in St Pancras. Conveyancing lawyer was found prior to coming across your website.
On the afternoon of completion you will need to pick up the keys from the estate agent but this should only occur after the sellers conveyancers inform the agent that the monies to complete are in and the keys can be released. You will need to advise the removal men that they can start moving you in. As a matter of policy we do not recommend a particular removal organisation but can help you locate a conveyancing in St Pancras or a solicitor with expertise in conveyancing in St Pancras.
Are all St Pancras Conveyancing Quality Solicitors on the Principality conveyancing list of approved solicitors?
It is true that some lenders now utilise CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of conveyancing solicitors.
The formalities of my remortgage has taken place for my property in St Pancras. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. We understand that complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
Me and my brother have a terraced Edwardian house in St Pancras. Conveyancing practitioner represented me and Barclays Direct. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, another for leasehold under the exact same property. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in St Pancras and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with your conveyancing practitioner who conducted the work.
I am purchasing a new build house in St Pancras with a mortgage from Barclays Direct. The sellers would not budge the amount so I negotiated 6k of additionals instead. The house builders rep told me not reveal to my conveyancer about this deal as it may adversely affect my loan with Barclays Direct. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
How do I use the search facility to choose a conveyancing lawyer in St Pancras on the authorised to act for my mortgage?
1st select a lender such as HSBC Bank, Coventry Building Society or Godiva Mortgages Ltd then choose your location such as St Pancras. Conveyancing practices in St Pancras and nationally will then be identified.