I own a freehold house in Clun but nevertheless pay rent, why is this and what is this?
It’s unusual for properties in Clun and has limited impact for conveyancing in Clun 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 creation of fresh rentcharges post 1977.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
My bid for a property was accepted at auction in Clun. Conveyancing is necessary. What happens now?
Given that you are now exchanged you now have to hire the services of a conveyancing lawyer as a matter of priority as you are faced with a fast approaching deadline in which to complete the purchase. An auction property will have a corresponding legal pack. This will include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold premises the conveyancing papers should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to leasehold premises. You should hand this to the lawyer instructed by you ASAP. Do make sure that you have funds in order to complete on the date specified in the contract.
Are all Clun Conveyancing Quality Solicitors on the Nottingham conveyancing list of approved practices?
Some major lenders now use the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of conveyancing solicitors.
After months of negotiation I have agreed a price on a house in Clun. My financial adviser recommended their conveyancers. I paid an upfront payment of £150. A few days later, the property lawyer contacted me sheepishly admitting that they were not on the Bank of Ireland 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 Bank of Ireland 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 am intent on selling our property in Clun and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. Any local conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers used a web based conveyancing firm rather than a conveyancing solicitor in Clun. Having lived in Clun for 4 years we know of no issue. Should we get in touch with our local Authority to seek confirmation that there is no issue.
It would appear that you have a conveyancing solicitor 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 illness)
How does conveyancing in Clun differ for newly converted properties?
Most buyers of new build premises in Clun come to us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Clun typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Clun or who has acted in the same development.
As co-executor for the estate of my aunt I am disposing of a residence in Newport but I am based in Clun. My conveyancer (who is 235 miles from merequires that I sign a statutory declaration before the transaction finalising. Could you suggest a conveyancing lawyer in Clun who can attest this legal document for me?
strictly speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are Clun based
Me and my partner have recently had an offer accepted on our first house in Clun, and are about to get solicitors instructed. We have utilised the different rating based websites and the fee estimates are from all across the country. Is it essential to have a Clun lawyer local to your potential new home? We are content to do everything electronically, but I assume at some stage we may be required to visit the conveyancer's office to sign contracts?
Usually there is no requirement to attend the office of your lawyer, they can send any relevant documents to you, which you can sign and return. Many buyers and sellers nevertheless opt to instruct a locally based solicitor, but it is not essential for conveyancing in Clun.