I am the registered owner of a freehold property in Crawley yet charged rent, why is this and what is this?
It’s unusual for properties in Crawley and has limited impact for conveyancing in Crawley 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 generation of new rentcharges post 1977.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
Do I have to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Crawley so that I can pop in to their offices if necessary.
Whereas this was necessary 15 years ago, almost all mortgage companies no longer oblige their conveyancing panel solicitor to witness the borrowers signature. It will still be necessary for you to supply identification documents and there are still manifest advantages to choosing a locally based practitioner, in your situation a conveyancing solicitor in Crawley.
I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to have this when purchasing a residence in Crawley? or I am told that there is historic law that means some homeowners living in a parish church boundary will be compelled to contribute towards maintenance to the chancel in proximity to the church. Is this suitable for conveyancing in Crawley?
Unless a prior purchase of the house took place after 12 October 2013 you may take it that solicitors delivering conveyancing in Crawley to remain recommending a chancel search and or insurance against a claim.
The deeds to our property are lost. The conveyancers who handled the conveyancing in Crawley 10 years ago no longer exist. Will I be able to sell the house?
These day there are copies made of almost everything, and your conveyancer will know precisely where to find all the relevant paperwork so you can purchase or dispose of your house without any difficulty. If duplicates can’t be found, your solicitor may be able to put in place insurance or indemnities protecting you against possible claims on your property.
I am purchasing a new build house in Crawley with a loan from Britannia. The developers refused to budge the amount so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not disclose to my conveyancer about this extras as it will impact my loan with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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.
How difficult is it to switch conveyancer as I need to instruct a firm on the National Westminster Bank conveyancing list. I instructed a family conveyancing solicitor in Crawley round the corner but she is not approved by National Westminster Bank
It would be our pleasure to help you find a conveyancing solicitor in Crawley on the National Westminster Bank panel. Please note that the law firms that we list do not pay us commission if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in Crawley. In utilising the find a conveyancing solicitor tool on this site, you can compare costs for conveyancing solicitors in Crawley and beyond.