I own a freehold house in Cambridge Heath but still charged rent, why is this and what is this?
It is rare for properties in Cambridge Heath and has limited impact for conveyancing in Cambridge Heath 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 creation of new rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
What is the best way to check that the solicitor conducting my conveyancing in Cambridge Heath is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Barnsley Building Society thus paying £187.00 plus VAT in supplemental legal charges.
Feel free to make the most of the search tool on this page. Pick the mortgage company and type ‘Cambridge Heath’ or your preferred area and you will be presented with a number of lawyer located in Cambridge Heath or near you.
I need some quick conveyancing in Cambridge Heath as I am under pressure to complete within 2 weeks. A home loan is not required. Is it possible to decline from having conveyancing searches to save fees and time?
If.Given you are not getting a mortgage you are at free not to have searches conducted although no law firm would advise that you don't. With lots of history conveyancing in Cambridge Heath the following are examples of what can show up and adversely impact future saleability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Unadopted Roads,...
I decided to have a survey done on a house in Cambridge Heath before retaining conveyancers. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some lenders may not issue a mortgage on this type of property.
It varies from the lender to lender. HSBC has different instructions from Halifax. Should you wish to call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Cambridge Heath. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Cambridge Heath to see if the conveyancing costs will increase in light of this.
My uncle has urged me to appoint his lawyers for conveyancing in Cambridge Heath. Should I find my own conveyancer?
No doubt the ideal way to select a conveyancing solicitor is to get recommendations from friends or relatives who have used the solicitor you're are thinking of instructing.