I am the registered owner of a freehold residence in Cookley yet charged rent, why is this and what is this?
It is rare for properties in Cookley and has limited impact for conveyancing in Cookley 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 generation of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
My wife and I have recently appointed a conveyancing solicitor in Cookley. I I am struggling to find out whether they are accepted on the Platform Home Loans Ltd conveyancing panel. Could you or the lender confirm if they are on the panel?
You should contact your conveyancer and ask them whether they can act for the lender. Otherwise you should get in touch with Platform Home Loans Ltd who may be able to help.
There are plenty of conveyancing solicitors in Cookley but how do I know who's good?
Do not opt for the cheapest Cookley conveyancing quote. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
Forgive me if this question is silly but I am unexperienced as FTB of a ground floor flat in Cookley. Do I collect the keys to the property on completion from my conveyancer? If this is the case, I will instruct a local conveyancing solicitor in Cookley?
On the day of completion you will not be required to go to the conveyancers office in Cookley. Your solicitors will transfer the completion advance to the vendor’s lawyers, and once they have received this, you will be invited to receive the keys from the property Agents and move into your new home. Usually this occurs between 1 and 3pm.
My offer on a property in Cookley has been agreed to, but there is a chain. The vendors have offered on on an apartment, however it’s not yet tied up, and are looking at other flats booked. I have selected a bricks and mortar conveyancing solicitor in Cookley. What do I do now? When do I get the mortgage application with RBS started?
It is normal to have concerns where there is a chain as you are unlikely to want to incur costs prematurely (mortgage application is in the region of £1k, then valuation, Cookley conveyancing search charges, etc). First, you must check that your property lawyer is on the RBS approved list. Concerning the subsequent steps this very much depends on the uniqueness of your case, desire for the property and on the state of the market. In a hot market some home buyers will apply for the mortgage with RBS and pay for the valuation and only if it comes back ok would they request their property lawyer to move forward with searches.
Just acquired a detached house in Cookley , how long will it take for the Land Registry to record my title? My Cookley conveyancing solicitor works at snail pace, so I want to be certain the registration is addressed.
As far as conveyancing in Cookley is concerned, registration is no faster or slower than the rest of the country. Rather than based on location, timeframes can differ according to who lodges the application, whether there are errors and if the Land registry need to notify any third persons or bodies. As of today approximately three quarters of such applications are fully addressed in less than three weeks but some can be subject to longer hold-ups. Historically registration occurs after the new owner has moved in to the premises so an expedited registration is not usually top priority yet where there is a degree of urgency associated with the registration then you or your solicitor should speak with the land registry and explain the circumstances.
What tools are available to search for a Cookley solicitor on the Platform Home Loans Ltd conveyancing panel? I drive a motor bike and am happy to travel upto 10miles to meet the conveyancer.
You can use the facility on this website. Please pick a bank and your location and you will see a number of Cookley conveyancing lawyers locally. We have listed some Cookley conveyancing firms at the bottom of this page and you can contact them to check if they are on the Platform Home Loans Ltd member panel
Our bank agreed in principle to give us a mortgage. We instructed a reputable conveyancer in Cookley two days ago. A couple of hours ago, our financial adviser called to say that the lender said that we cannot use our solicitor as they aren't on their 'approved list'. As novices, we had no idea that the mortgage company had a say Is this legal?
You can actually select any lawyer you wish to choose including the said conveyancer in Cookley but if your lender aren't happy with them you will have to pay additional cost so your lender can appoint their own lawyers. On occasion it is possible your preferred conveyancing firm to get included on to the bank panel. You can use online search facilities including lenderpanel.com to find a conveyancing solcitor in Cookley on the lender panel. You can go into your local lender branch in Cookley. They will know some good conveyancing solicitors in Cookley on the approved list.