My Anstey lawyer has spotted a difference between the assumptions in the valuation report and what is revealed within the title deeds. My lawyer says that he needs to check that the lender is happy with this discrepancy and is content to go ahead. Is my conveyancer’s course or action right?
Your lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
I am the registered owner of a freehold residence in Anstey but nevertheless charged rent, why is this and what is this?
It’s unusual for properties in Anstey and has limited impact for conveyancing in Anstey 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 many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.
Old 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.
Is it necessary during the course of the conveyancing process to attend the offices of the solicitor to sign the mortgage deed? If so, I will instruct a firm who offer conveyancing in Anstey so that I can attend their offices if necessary.
These days approved lawyers for lenders carry out all of the communications through Royal Mail, e-mail or over the phone. This enables them to conduct the legal work for your home move regardless of where you live in the country. Nevertheless you should check if you have the option of attending the offices of your conveyancing lawyer if just in case this is required.
It has been 4 months since my purchase conveyancing in Anstey completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Hoping to buy a property located in Anstey and I am already nervous. I couldn't find anything specific about Anstey. Conveyancing will be needed in due course but do you know about the Anstey area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Anstey. In the meantime here are some basic statistics that we found
In my capacity as executor for the estate of my grandmother I am selling a house in Cardiff but reside in Anstey. My conveyancer (approximately 235 kilometers from meneeds me to sign a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing lawyer in Anstey who can attest and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will be fine regardless of whether they are Anstey based