I purchased a freehold residence in Aberdovey but still charged rent, why is this and what is this?
It is rare for properties in Aberdovey and has limited impact for conveyancing in Aberdovey 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 generation of new 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 post 2037 will be extinguished.
Does a directory service exist listing Yorkshire BS panel conveyancers in Aberdovey on the Council of Mortgage Lender’s Website?
No. There is no such directory service on the CML or Building Society Association websites. Very few banks make their panel listings viewable over the internet. Where you are in need of a Aberdovey conveyancer on the Yorkshire BS please use our facility.
About to purchase flat in Aberdovey. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the TSB conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Aberdovey conveyancing practitioner is on the TSB conveyancing panel.
My offer was accepted on a property in Aberdovey on 10/10/2025, valuation was booked 2 days later, received a clean bill of health. Conveyancer instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Clydesdale and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Clydesdale conveyancing panel. Can the lender hold off the offer?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Clydesdale to deal with your lawyer's application to be on the Clydesdale conveyancing panel. There's no guarantee that your solicitor will be accepted.
I require fast conveyancing in Aberdovey as I am faced with a deadline to complete inside 4 weeks. Luckily I do not require a mortgage. Is it possible to avoid the conveyancing searches to save money and time?
As you are not obtaining a home loan you have the choice not to do searches although no lawyer would recommend that you don't. With lots of history conveyancing in Aberdovey the following are examples of what can be revealed and adversely affect future saleability: Enforcement Notices, Overdue Charges, Outstanding Grants, Road Schemes,...
Are there restrictive covenants that are commonly picked up as part of conveyancing in Aberdovey?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Aberdovey. 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…’
I am buying a new build house in Aberdovey with a loan from HSBC Bank. The developers refused to reduce the amount so I negotiated £7000 of extras instead. The house builders rep advised me not inform my lawyer about this extras as it would impact my mortgage with HSBC Bank. Should I keep quiet?.
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.
My husband and I are FTB’s - had an offer accepted, but the property agent informed us that the seller will only proceed if we use their preferred conveyancers as they are insisting on a ‘quick sale’. My instinct tells me that we should use a local conveyancer who is familiar with conveyancing in Aberdovey
It is improbable the vendors are driving this. If they desire ‘a quick sale', alienating a genuine purchaser is not the way to achieve this. Speak to the owners direct and make sure they comprehend that (a)you are motivated purchasers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you are going to instruct your preferred Aberdovey conveyancing firm - not the ones that will provide their negotiator at the agency a introducer fee or hit his conveyancing figures pre-set by HQ.