I am the registered owner of a freehold house in Barnes yet invoiced for rent, why is this and what is this?
It is rare for properties in Barnes and has limited impact for conveyancing in Barnes 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 establishment of new rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
Can you point me to a directory of Nottingham panel solicitors in Barnes on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association sites. A small selection of lending institutions make their panel listings visible on the web. If you are looking for a Barnes solicitor on the Nottingham please use our facility.
I had an offer accepted on a property in Barnes on 1/4/2025, valuation was booked five days after, received a clean bill of health. Property lawyer instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Leeds Building Society and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Leeds Building Society conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Leeds Building Society to deal with your lawyer's application to be on the Leeds Building Society conveyancing panel. There's no guarantee that your solicitor will be accepted.
Bank of Ireland have agreed my mortgage in principle, my bid on a apartment in Barnes has been accepted, what happens next?
Your estate agent will wish to be advised as to your solicitor's details (be sure the conveyancers are on the lender’s approved list). Call up Bank of Ireland or the financial adviser and complete any appropriate documentation. Bank of Ireland will appoint a valuer who will get in contact with the selling agent or vendor to schedule a time for the valuation to happen. Once conducted (assuming no problems) it takes about ten days for the mortgage offer to be issued. Bank of Ireland will issue the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Barnes.
We are selling our home in Barnes and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. A high street Barnes conveyancer would know this is not the case. For the life of me I don't know why the purchasers are using an online conveyancing practice rather than a conveyancing solicitor in Barnes. We have lived in Barnes for many years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to seek confirmation need.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
3 months have elapsed since my purchase conveyancing in Barnes took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £215,000. 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 residence 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.
I decided to have a survey completed on a house in Barnes before instructing solicitors. I have been told that there is a flying freehold element to the property. Our surveyor advised that some lenders may not issue a loan on a flying freehold house.
It varies from the lender to lender. Bank of Scotland has different instructions from Birmingham Midshires. Should you wish to telephone us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Barnes. Conveyancing will be smoother if you use a solicitor in Barnes especially if they regularly deal with such properties in Barnes.
I have been advised by numerous selling agents in Barnes to choose a property lawyer using your seach tool. What’s the financial upside for Estate Agents to market your services over alternative conveyancing organisations?
We refuse to make any financial incentive for pointing buyers and sellers to this site. We found it would be just too difficult a fee because a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.