I am the registered owner of a freehold property in Temple but still charged rent, why is this and what is this?
It is rare for properties in Temple and has limited impact for conveyancing in Temple 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 creation of new rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
Can I be sure that the Temple conveyancing solicitor on the Skipton panel is any good?
When it comes to conveyancing in Temple seeking recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor carrying out your transaction.
We are getting a further advance on our home loan from Clydesdale as we intend to conduct renovations to our house in Temple. Do we need to select a local Temple solicitor on the Clydesdale conveyancing panel to handle the paperwork?
Clydesdale do not ordinarily require a member of their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Clydesdale panel.
Completion of my purchase has taken place for my property in Temple. 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 point of contact should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I require expedited conveyancing in Temple as I have an ultimatum to sign on the dotted line inside one month. A mortgage is not required. Can I escape the need for conveyancing searches to save money and time?
If.Given you are are a cash purchaser you have the choice not to do searches although no conveyancer would advise that you don't. Drawing on years of experience of conveyancing in Temple the following are instances of what can show up and adversely impact the marketability of the property: Refused Planning Applications, Overdue Charges, Overdue Grants, Road Schemes,...
I am purchasing a new build house in Temple with a loan from HSBC Bank. The builders refused to move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep told me not reveal to my lawyer about this deal as it may jeopardize my loan with the bank. Do I keep my lawyer in the dark?.
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.
Due to the guidance of my in-laws I had a survey completed on a house in Temple in advance of retaining conveyancers. I have been informed that there is a flying freehold overhang to the property. The surveyor has said that some mortgage companies may refuse to grant a mortgage on a flying freehold property.
It varies from the lender to lender. Santander has different requirements for example to Halifax. If you contact us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Temple. Conveyancing will be smoother if you use a solicitor in Temple especially if they regularly deal with such properties in Temple.
We're first time buyers - agreed a price, yet the property agent has warned us that the owners will only go ahead if we instruct their chosen conveyancers as they want an ‘expedited deal’. We would rather use a family solicitor accustomed to conveyancing in Temple
It is unlikely the sellers are driving this. Should the owner desire ‘a quick sale', taking such a hostile approach to a motivated buyer is going to damage their objectives. Avoid the agents and go straight to the owners and make the point that (a)you are serious buyers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you are going to instruct your preferred Temple conveyancing firm - not the ones that will give the negotiator at the agency a introducer fee or hit his conveyancing targets pre-set by corporate headquarters.