Would the conveyancing solicitors to be found on your site execute auction conveyancing in Long Melford?
We know of a few niche practitioners we can put you in touch with those specialising in auction conveyancing. Long Melford is just one of the many locations where our lawyers have offices.
I purchased a freehold premises in Long Melford yet charged rent, why is this and what is this?
It’s unusual for properties in Long Melford and has limited impact for conveyancing in Long Melford 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.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
We are getting the release of further monies on our mortgage from Skipton as we want to conduct alterations to our home in Long Melford. Are we obliged to select a nearby Long Melford solicitor on the Skipton conveyancing panel to deal with the legals?
Skipton don't usually appoint firms on their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Skipton panel.
Last month we had a mortgage agreed in principle with Leeds Building Society. Long Melford conveyancing lawyers have been selected. What is the average time that one could expect to receive a mortgage offer from Leeds Building Society?
Some lenders take longer than others. Have Leeds Building Society conducted the survey? Have you advised Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I was told three weeks ago that my mortgage has been agreed to by Yorkshire BS. Is it usual for Yorkshire BS to only issue the offer once my solicitor in Long Melford is approved on their conveyancing panel? Yorkshire BS have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire BS to deal with your lawyer's application to be on the Yorkshire BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
Are there restrictive covenants that are commonly picked up during conveyancing in Long Melford?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Long Melford. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Should I appoint a Long Melford conveyancing lawyer based in the location that I am hoping to buy? An old friend can handle the conveyancing however his firm is located a couple of hundredkilometers away.
The benefit of a local Long Melford conveyancing firm is that you can pop in to execute documents, deliver your identification documents and pester them if necessary. Having local Long Melford know how is a bonus. That being said it's more important to get someone that will do a good and efficient job. If other friends have instructed your friend and the majority were impressed that must trump using an unknown Long Melford conveyancing lawyer solely due to them being round the corner.