I purchased a freehold premises in Wollaston but still charged rent, why is this and what is this?
It is rare for properties in Wollaston and has limited impact for conveyancing in Wollaston 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 post 1977.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
After researching online forums for an online lawyer in Wollaston, most post that I must look for a CQS assured lawyer. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised kitemark for legal experts in buying or selling property, trusted by some of the UK's biggest lenders. Four years ago the Conveyancing Quality Scheme was officially recognised by the Building Societies Association (BSA). CQS is not a scheme offered by the Society for Licensed Conveyancers. Wollaston is one of the numerous areas of the UK where there are Accredited solicitors.
Despite weeks of looking the Title Certificate and documents to our home are lost. The solicitors who dealt with the conveyancing in Wollaston 10 years ago have long since closed. What are my options?
Assuming the title is registered the details of your ownership will be retained by HMLR with a Title Number. It is possible to conduct a search at the Land Registry, identify your house and obtain up to date copies of the property title for a small fee. Where the property is Leasehold then the Land Registry will also normally hold a file duplicate of the Registered Lease and again, a copy can be ordered for a small fee.
Due to the encouragement of my in-laws I had a survey completed on a property in Wollaston prior to instructing conveyancers. I have been told that there is a flying freehold element to the property. My surveyor has said that some banks may refuse to issue a mortgage on a flying freehold premises.
It varies from the lender to lender. HSBC has different requirements from Halifax. Should you wish to telephone us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Wollaston. Conveyancing may be slightly more expensive based on your lender's requirements.
How easy is it to switch solicitor as I have to select a firm on the The Royal Bank of Scotland conveyancing list. I was using a local conveyancing solicitor in Wollaston five minutes from me but he is not accepted by The Royal Bank of Scotland
It would be our pleasure to assist you select a conveyancing solicitor in Wollaston on the The Royal Bank of Scotland panel. Please note that the property lawyers that we list do not pay us fee if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Wollaston. In utilising the find a conveyancing solicitor tool on this page, you can compare costs for conveyancing solicitors in Wollaston and throughout England and Wales.
We are a couple of weeks into a residential purchase having been recommend to solicitors by the high street agent to execute conveyancing in Wollaston. I am am starting to be frustrated with the quality of service. Can you help me find new lawyers?
They would need to be really bad in order to consider changing them. Has your mortgage been sent? In the event that it has you need to make them aware of the new contact details and have the loan are re-issued. Your conveyancer needs to be on the mortgage company approved list to avoid escalating charges and frustration. That should be your first question of the new conveyancers. The search tool will assist you in finding a bank approved solicitor for your conveyancing in Wollaston