I own a freehold residence in Wickford but still charged rent, why is this and what is this?
It’s unusual for properties in Wickford and has limited impact for conveyancing in Wickford 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 establishment 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 post 2037 will be dispensed with completely.
I have just over seventy years unexpired on my lease and need a lease extension for my apartment in Wickford. Conveyancing solicitors on the Platform panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 19/4/2021 the requirements read as follows :
I am assisting my sister sell her property in Wickford. Does the solicitor arrange an energy assessment or should I organise this?
Following the demise of Home Packs, energy performance certificates became a mandatory part of moving property. An EPC needs to be commissioned in advance of the property being advertised. This is not as aspect of the sale process that conveyancers ordinarily organise. If you are using a Wickford conveyancing practitioner they might be able to arrange EPC’s due to their contacts with reputable Wickford providers
The formalities of my remortgage has taken place for my property in Wickford. Conveyancing was a necessary evil but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are sorted out very quickly. 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.
I was told three weeks ago that my mortgage has been agreed to by Barclays. Is it usual for Barclays to only issue the offer once my solicitor in Wickford is approved on their conveyancing panel? Barclays have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Barclays to deal with your lawyer's application to be on the Barclays conveyancing panel. There's no guarantee that your solicitor will be accepted.
Have purchased a a semi-detached house in Wickford , What is the estimated time for the Land Registry to record my title? My Wickford conveyancing solicitor works at snail pace, so I want to check that my name is recorded.
There is nothing unique about conveyancing in Wickford registration formalities. As opposed to being determined by geographic area, timescales can differ depending on who lodges the application, whether there are errors and if the Land registry communicate with any 3rd persons or bodies. At present in the region of three quarters of submission are fully dealt with within two weeks but some can be subject to protracted hold-ups. Registration is effected after the new owner is living at the premises therefore post completion formalities is not always top priority but if there is a degree of urgency associated with the registration then you or your lawyers must communicate with the Registry to express the reasoning for the application to be prioritised.
How does conveyancing in Wickford differ for newly converted properties?
Most buyers of new build property in Wickford contact us having been asked by the seller to sign contracts and commit to the purchase even before the property is constructed. This is because house builders in Wickford typically purchase 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 conveyancers 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 used to new build conveyancing in Wickford or who has acted in the same development.
I am downsizing from my home. My former conveyancers have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Wickford if that makes a difference.
You should use our search tool to help you choose a solicitor for your conveyancing in Wickford. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.