I own a freehold premises in Temple Fortune but nevertheless charged rent, why is this and what is this?
It is rare for properties in Temple Fortune and has limited impact for conveyancing in Temple Fortune 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 from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
How do I find out if the solicitor handling my conveyancing in Temple Fortune is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Barnsley Building Society thus paying £192.00 in additional conveyancing fees.
Feel free to make use of the search tool on this web page. Please choose the mortgage company and type ‘Temple Fortune’ or your preferred area and you will see a number of lawyer offices in Temple Fortune or near you.
Various online forums that I have come across warn that are the primary reason for hinderance in Temple Fortune house deals. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of delays during the legal transfer of property. Local searches are not likely to feature in any delay in conveyancing in Temple Fortune.
How does conveyancing in Temple Fortune differ for newly converted properties?
Most buyers of new build property in Temple Fortune come to us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because new home sellers in Temple Fortune usually acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Temple Fortune or who has acted in the same development.
My husband and I are a fortnight into a leasehold purchase having been referred to solicitors by the selling agent to carry out the conveyancing in Temple Fortune. I am am starting to be dissatisfied with the quality of service. Could you help me find new conveyancers?
A lawyer would have to be really bad to suggest replacing them. Has the loan offer been generated? If so you need to inform them of the new lawyer and ensure the loan are re-sent. Your conveyancer needs to be on the banks approved list to avoid supplemental charges and delays. That should be your first question of the new conveyancers. Our search tool should help you find a bank approved conveyancer for your conveyancing in Temple Fortune
Me and mywife and I are in the market for a responsive conveyancing solicitor in Temple Fortune to buy a apartment. I really don't want to get ripped off but with many Temple Fortune conveyancing solicitors out there...who's the best?
To get quotes for your move from the conveyancing firms that offers services in Temple Fortune please use our quote tool.