I purchased a freehold house in Callington but still charged rent, why is this and what is this?
It’s unusual for properties in Callington and has limited impact for conveyancing in Callington 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 creation of fresh rentcharges from 1977 onwards.
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 dispensed with completely.
Can you point me to a directory of Kent Reliance panel solicitors in Callington on the Council of Mortgage Lender’s Website?
No. There is no such directory service on the Council of Mortgage Lenders or Building Society Association websites. Very few mortgage companies make their panel listings open the public online. If you are in need of a Callington conveyancer on the Kent Reliance please use our tool.
I'm in the throws of looking at apartments in Callington and I am about to put in an offer. Is it premature to have a solicitor in place? I will be getting a mortgage with Nationwide.
It would be advisable to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. Given that you are taking out a mortgage with Nationwide, ask your prospective lawyers if they are on the Nationwide conveyancing panel otherwise they can't do the mortgage legal work.
I recently had an offer agreed on an apartment in Callington. My mortgage broker suggested a lawyer. I paid an advanced payment of £200. A couple of days later, the lawyer called me sheepishly admitting that they were not on the TSB 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 TSB 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.
Over the last few months I have been searching for a flat up to £235,500 and found one round the corner in Callington I like with open areas and railway links in the vicinity, however it's only got 61 years on the lease. I can't really find anything else in Callington in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a home loan the shortness of the lease will likely be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for at least 2 years you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
We are 14 days into a freehold purchase having been referred to solicitors by the estate agent to perform conveyancing in Callington. I am not happy. Could you you assist me in finding new conveyancers?
They would need to be really bad to suggest replacing them. Has your mortgage offer been issued? If so you will need to advise them of the new contact details and ensure the mortgage documents are re-issued. Your new conveyancer should be on the banks panel to avoid added expenses and frustration. That should be your starting point. The search tool can assist you in finding a lender approved lawyer for your conveyancing in Callington
Would local authority permission be necessary to convert a single dwelling into two flats in Callington? This has occurred to a house adjacent to a friend in Callington and was not aware of it happening until after the works were complete.
Planning Permission yes. Building Regulations yes.