I purchased a freehold house in West Kirby but nevertheless charged rent, why is this and what is this?
It is rare for properties in West Kirby and has limited impact for conveyancing in West Kirby 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 new 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 in 2037 will be dispensed with completely.
My property lawyer in West Kirby is not listed on the Bank of Scotland Conveyancing Panel. Is it possible for me to retain my prefered solicitor notwithstanding that they are not on the Bank of Scotland panel?
The limited options available to you here include:
- Carry on with your existing West Kirby solicitors but Bank of Scotland will need to use a lawyer on their panel. This will result in additional overall conveyancing charges as well as cause delays.
- Choose an alternative solicitor to act in the purchase, obviously checking they are on the Bank of Scotland panel
Forgive me if this question is silly but I am new to the home buying as a first time buyer of a garden flat in West Kirby. Do I pick up the keys to the property on completion from my lawyer? If so, I will find a local conveyancing solicitor in West Kirby?
There is no need to visit the lawyers office on the day of completion. Your solicitors will arrange to send the completion advance to the owner’s conveyancers, and shortly after the monies have arrived, you will be invited to collect the keys from the Estate Agents and start moving into the property. This tends to happen early afternoon.
My wife and I buying a 4 bedroom semi-detached house in West Kirby. The intention is to an extension at the rear at the house.Will the conveyancing process include checks to determine if these alterations are permitted?
Your conveyancer will check the deeds as conveyancing in West Kirby can occasionally identify restrictions in the title deeds which prohibit categories of changes or require the consent of another owner. Many additions require local authority planning permissions and approval under the building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be wise to check these things with a surveyor before you commit yourself to a purchase.
My offer on a semi in West Kirby has been agreed to, but there is a chain. The owners have offered on a flat, however it’s not been accepted yet, and are looking at other apartments in the pipeline. I have selected a high street conveyancing solicitor in West Kirby. What do I do now? When do I get the mortgage application with Clydesdale started?
It is usual to have concerns where there is a chain as you are unlikely to want to incur expenses too early (home loan application is approx one thousand pounds, then survey, West Kirby conveyancing search charges, etc). First, you must ensure that your conveyancing practitioner is on the Clydesdale conveyancing panel. Regarding the next stages this very much depends on the uniqueness of your case, desire for this property and on the state of the market. During a rising market the majority of buyers would apply for the mortgage with Clydesdale and pay for the valuation and only if it was satisfactory would they pay their solicitor to proceed with searches.
I am buying my first flat in West Kirby with the aid of help to buy. The builders would not move on the price so I negotiated 6k of additionals instead. The estate agent told me not inform my conveyancer about this side-deal as it may jeopardize my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder 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.
I am looking into buying my first house which is in West Kirby and I am already nervous. I couldn't find anything specific about West Kirby. Conveyancing will be needed in due course but do you know about the West Kirby area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at West Kirby. In the meantime here are some basic statistics that we found
What can I do to determine who owns a house in West Kirby?
Provided the premises is recorded at HM Land Registry, and you have the details of the address of the property, you will be able to obtain results from the HM Land Registry of the registered proprietor for a for less than a fiver.