I purchased a freehold house in Childs Hill but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Childs Hill and has limited impact for conveyancing in Childs Hill 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 hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.
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 extinguished.
I am buying a house and the solicitor has referenced Chancel Repair for which the property could be obligated to pay given it’s proximity to the area of such a church. He has mentioned insurance. Is this really appropriate for conveyancing in Childs Hill
Unless a prior acquisition of the property completed after 12 October 2013 you may assume that solicitors carrying out conveyancing in Childs Hill to remain recommending a chancel search and or chancel repair liability insurance.
I'm purchasing my first flat in Childs Hill with the aid of help to buy. The developers refused to budge the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent advised me not disclose to my conveyancer about this side-deal as it may adversely affect my mortgage with the bank. Do I keep my lawyer in the dark?.
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.
I opted to have a survey done on a property in Childs Hill prior to retaining lawyers. I have been told that there is a flying freehold element to the property. Our surveyor has said that some lenders tend not give a mortgage on this type of property.
It varies from the lender to lender. Santander has different instructions for example to Birmingham Midshires. If you e-mail us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Childs Hill. Conveyancing will be smoother if you use a solicitor in Childs Hill especially if they regularly deal with such properties in Childs Hill.
I am thinking of appointing a conveyancing solicitor in Childs Hill for my house move. Can I review a firm’s complaints history with the profession’s regulator?
One can find presented Solicitor Regulator Association (SRA) decisions arising from investigations from 2008 onwards. Go to Check a solicitor's record. For records about the period before 1 January 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, dial +44 (0)121 329 6800. The SRA sometimes recorded call for training purposes.
Whilst your website is a good idea there are many lawyers listed near Childs Hill being on the mortgage company conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the lender approved panel?
We do not recommend specific Childs Hill firms as the right Childs Hill conveyancing firm for you depends on where your priorities lie. For example you may require a local firm with Childs Hill knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..