I am the registered owner of a freehold premises in Aylesford yet invoiced for rent, why is this and what is this?
It’s unusual for properties in Aylesford and has limited impact for conveyancing in Aylesford 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 establishment of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
We just had an offer accepted to purchase with Melton Mowbray Building Society. I went into 3 or 4 high street companies yet am struggling to find a Aylesford conveyancing firm on the Melton Mowbray Building Society panel. Can you help?
You should make use of the search tool on this web page. Pick the mortgage company and type Aylesford or your location and you will see a number of lawyer based in Aylesford or nearest you.
Does a directory service exist listing HSBC panel conveyancers in Aylesford on the Building Society Association’s Website?
No. There is no such tool on the CML or Building Society Association websites. Very few mortgage companies make their panel listings visible online. If you are looking for a Aylesford lawyer on the HSBC please use our facility.
I have today made my last payment due on my mortgage with TSB. I assume I don't need a Aylesford conveyancing practitioner on the TSB panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your TSB mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the TSB mortgage from the register. TSB, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where TSB has sent the Land Registry the discharge electronically, and
- TSB has instructed the Land Registry to do so
I can not fathom if my lender requires a lease extension. I have called into my local Aylesford bank branch on various occasions and was reassured it wasn't an issue and they will lend. My Aylesford conveyancing solicitor - who is on the bank conveyancing panel- called and was told they would not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
Provided that the conveyancer is on the bank panel, she or he must comply with the Council of Mortgage Lenders’ Handbook specifications for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I understand that there are debates on Chancel Insurance on online forums. Do I require this when buying a house in Aylesford? or Apparently there is an ancient law that means some owners of property residing in a parish church boundary will be compelled to pay for repairs towards the chancel within the church. Is this suitable for conveyancing in Aylesford?
Unless a prior purchase of the property took place after 12 October 2013 you can assume that lawyers carrying out conveyancing in Aylesford to continue to propose a a chancel search and or chancel repair liability insurance.
I have been on the look out for a flat up to £235,500 and identified one round the corner in Aylesford I like with open areas and station in the vicinity, the downside is that it's only got 61 years on the lease. There is not much else in Aylesford suitable, so just wondered if I would be making a mistake acquiring a short lease?
If you need a home loan the remaining unexpired lease term may be an issue. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
As co-executor for the will of my father I am selling a residence in Swansea but live in Aylesford. My lawyer (approximately 200 kilometers from merequires that I sign a statutory declaration ahead of completion. Can you recommend a conveyancing solicitor in Aylesford who can witness and place their company stamp on the document?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are based in Aylesford