I am the registered owner of a freehold property in Petersfield but nevertheless charged rent, why is this and what is this?
It is rare for properties in Petersfield and has limited impact for conveyancing in Petersfield 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 have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.
Is there a search tool that I can use to check that the solicitor carrying out my conveyancing in Petersfield is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for National Westminster Bank thus spending £192.00 in further conveyancing costs.
You should take advantage of the search tool on this site. Pick the lender and type ‘Petersfield’ or your preferred area and you will be presented with a number of lawyer located in Petersfield or by proximity to you.
I am buying my first flat in Petersfield benefiting from help to buy. The developers refused to move on the price so I negotiated 6k of additionals instead. The estate agent suggested that I not inform my solicitor about this deal as it could impact my mortgage with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am downsizing from my house. My previous solicitors closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Petersfield if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Petersfield. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
As co-executor for the estate of my grandmother I am disposing of a house in Cardiff but I am based in Petersfield. My lawyer (based 260 miles from merequires that I execute a stat dec ahead of the transaction finalising. Could you suggest a conveyancing solicitor in Petersfield who can attest this legal document for me?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will be fine regardless of whether they are Petersfield based