I own a freehold house in Wigton but still pay rent, why is this and what is this?
It is rare for properties in Wigton and has limited impact for conveyancing in Wigton 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 many centuries, but the Rent Charge Act 1977 barred the generation of new 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 in 2037 is to be extinguished.
There are a variety of conveyancing solicitors in Wigton but how do I know who's good?
It would be unwise to be tempted by the cheapest Wigton conveyancing costs illustration. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
My partner and I are in the throws of viewing apartments in Wigton and I am now considering a potential offer. Is it premature to have a solicitor in place? I will be getting a mortgage with TSB.
You should start requesting conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. As you are obtaining a mortgage with TSB, ask your prospective lawyers if they are on the TSB conveyancing panel otherwise they can't do the mortgage legal work.
I am due to exchange contracts on my apartment. I had a double glazing fitted in January 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Clydesdale are being problematic. The Wigton solicitor who is on the Clydesdale conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Clydesdale are insisting on a building regulation certificate. Why do Clydesdale have a conveyancing panel if they don't accept advice from them?
It is probably the case that Clydesdale have referred the matter to their valuer. The reason why Clydesdale may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I have been told that property searches are a common cause of stalling in Wigton conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays in the conveyancing process. Searches are not likely to be the root cause of slowing down conveyancing in Wigton.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what should have been a simple, no chain conveyancing. Wigton is the location of the property. Is there any guidance you can impart?
Flying freeholds in Wigton are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Wigton you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wigton may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
In my capacity as executor for the will of my aunt I am selling a residence in Swansea but I am based in Wigton. My solicitor (based 250 kilometers awayneeds me to sign a stat dec before completion. Could you suggest a conveyancing practitioner in Wigton who can witness this legal document for me?
Technically speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are located in Wigton
Looking for a conveyancing solicitor in Wigton. I thought I had one sorted but they are not on the approved list of Leeds Building Society. It seems that these days most mortgage companies only allow conveyancing practitioners on their panel. Very frustrating restricting the choice for the paying public. Please can you recommend a good Wigton property lawyer that will act for us as well as represent Leeds Building Society?
LenderPanel.com is limited to being a directory service for solicitors who wish to be listed as being on the approved conveyancing panel for Leeds Building Society in certain locations for instance Wigton . Our intention is not to recommend any particular conveyancer.