I have given 2 months notice to my current landlord and must be out of my let out flat in Woolacombe by 3/12/2024. Conveyancing on my purchase is progressing. How realistic is it to complete in three weeks as don't want to have to move into temporary accommodation?
It is unwise to serve notice for your tenancy unless your lawyer suggests that you should. Assuming that you have not previously done so, speak to your conveyancer and request that they chase the sellers side, try to an agreed time frame that all parties will work towards
I purchased a freehold property in Woolacombe but still charged rent, why is this and what is this?
It’s unusual for properties in Woolacombe and has limited impact for conveyancing in Woolacombe 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 new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
My wife and I have recently appointed a conveyancing solicitor in Woolacombe. I I would like to check if they are accepted on the Britannia conveyancing panel. Could you advise?
You should contact the solicitor and ask them if they are on the lender panel. Alternatively you can get in touch with Britannia who may be able to help.
When it comes to mortgage companies such as Co-operative, do Woolacombe conveyancing practitioners face a yearly amount to be on the list of approved solicitors?
We are not aware of any bank fees to register on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel application.
I have today made my last payment due on my mortgage with Co-operative. I assume I don't need a Woolacombe lawyer on the Co-operative panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Co-operative mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Co-operative mortgage from the register. Co-operative, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Co-operative has sent the Land Registry the discharge electronically, and
- Co-operative has instructed the Land Registry to do so
After much negotiation I have agreed a price on an apartment in Woolacombe. My mortgage broker recommended their conveyancers. I paid an upfront payment of £150. Shortly after, the solicitor contacted me sheepishly admitting that they were not on the Virgin Money conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Virgin Money panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I purchased a renovated Edwardian house in Woolacombe. Conveyancing solicitor represented me and Bank of Ireland. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold with the matching property. Is it worth asking Bank of Ireland to clarify?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Woolacombe and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with the conveyancing practitioner who conducted the conveyancing.
My husband and I are a couple of weeks into a freehold purchase having been recommend to conveyancers by the selling agent to execute conveyancing in Woolacombe. I am not happy. Could you help me find new solicitors?
A lawyer would need to be really bad in order to consider changing them. Has your mortgage offer been issued? If so you must inform them of the new solicitor and get the loan are re-sent. Your conveyancer should be on the banks panel to avoid added fees and delays. So that should be your starting point. Our search tool can help you find a bank approved conveyancer for your conveyancing in Woolacombe