I own a freehold property in Beaconsfield yet invoiced for rent, why is this and what is this?
It’s unusual for properties in Beaconsfield and has limited impact for conveyancing in Beaconsfield 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 generation of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
My wife and I are purchasing a house in Beaconsfield. It might be a silly question but how we can trust a solicitor? On the day of competition we have to deposit funds into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We had chosen conveyancers with offices in Beaconsfield on the HSBC solicitor approved list. They are now charging me a further fee for handling the HSBC mortgage. Is this a supplemental conveyancing fee set by HSBC?
As unfair as it may seem, as long as it’s in their Terms and Conditions or Quote then yes your property lawyer may levy a fee for this. The charge is not set by HSBC but by your Beaconsfield property lawyer. Plenty of firms on the HSBC panel will levy ’dealing with mortgage’ fee but some firms include it on their overall fee.
How can we know in advance if a Beaconsfield conveyancing solicitor on the Principality panel is any good?
When it comes to conveyancing in Beaconsfield obtaining recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always suggest that you speak with the lawyer conducting your conveyancing.
My wife and I are downsizing from our house in Beaconsfield and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any high street Beaconsfield conveyancer would know this is not the case. For the life of me I don't know why the buyers are using an internet conveyancing firm as opposed to a conveyancing solicitor in Beaconsfield. Having lived in Beaconsfield for three years we know of no issue. Do we get in touch with our local Authority to obtain clarification need.
It would appear that you have a conveyancing firm already. Are they able to advise? You should check with 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 health insurance to cover that same sickness)
2 months have gone by following my purchase conveyancing in Beaconsfield concluded. 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 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.
Yesterday I discovered that there is a flying freehold element on a house I have offered on last month in what was supposed to be a quick, chain free conveyancing. Beaconsfield is where the house is located. Can you shed any light on this issue?
Flying freeholds in Beaconsfield are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Beaconsfield you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Beaconsfield may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
How much experience do your Beaconsfield conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Beaconsfield conveyancing lawyers help thousands of buyers move home every year and assisted lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Beaconsfield conveyancers have worked on recent similar cases.