I am the registered owner of a freehold house in Claydon yet charged rent, why is this and what is this?
It is rare for properties in Claydon and has limited impact for conveyancing in Claydon 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 creation of new rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
My bank has suggested a law firm on their panel based in Claydon but I would rather use a conveyancing lawyer in Claydon round the corner to me. Are you able to help?
Not all Claydon conveyancing solicitors are on all lender’s conveyancing panel. Use our search tool to locate a Claydon conveyancing solicitor on the on the lender panel.
This question may be naive but I am new to the process as FTB of a two bedroom flat in Claydon. Do I collect the keys to the house on the completion date from my solicitor? If this is the case, I will use a local conveyancing solicitor in Claydon?
On the day of completion you do not need to go to the conveyancers office in Claydon. Your solicitors will electronically transfer the completion advance to the seller's solicitors, and shortly after the monies have arrived, you should be invited to collect the keys from the selling Agents and move into your new home. This tends to happen between 1 and 3pm.
I had a mortgage agreed in principle with Coventry BS. Claydon conveyancing solicitors have been appointed. What is the average time that one could expect to receive a mortgage offer from Coventry BS?
There is no definitive answer here. Have Coventry BS completed the valuation? Have you informed Coventry BS as to your lawyers' details and checked that your lawyers are on the Coventry BS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I recently had an offer agreed on an apartment in Claydon. My financial adviser recommended their conveyancers. I paid an upfront payment of £225. Not long after, the solicitor called me embarrassingly acknowledging that they were not on the Aldermore conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Aldermore panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. Claydon is where the house is located. Can you shed any light on this issue?
Flying freeholds in Claydon are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Claydon you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Claydon may determine 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 residence.
Is it simple use your search app to locate a conveyancing lawyer in Claydon on the approved list for my mortgage?
Step one is to choose a lender such as National Westminster Bank, The Royal Bank of Scotland or Nottingham Building Society then type in your preferred area for instance Claydon. Conveyancing organisations in Claydon and across England and Wales should be listed.
I need to retain a conveyancing solicitor for purchase conveyancing in Claydon. I've land on a web site which seems to have the perfect offering If it is possible to get all formalities done via email that would be ideal. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?