I own a freehold premises in Dawlish but nevertheless pay rent, why is this and what is this?
It is rare for properties in Dawlish and has limited impact for conveyancing in Dawlish 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 from 1977 onwards.
Previous 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 extinguished.
I am assisting my aunt sell her flat in Dawlish. Will the solicitor commission the energy performance certificate or should I organise this?
After the demise of Home Information Packs, EPC’s was retained a mandatory element of selling a house. An energy assessment must be commissioned in advance of the property being advertised. This is not as aspect of the sale process that conveyancers normally arrange. Where you are instructing a Dawlish conveyancing practitioner they might be willing to arrange EPC’s due to their contacts with reputable Dawlish providers
I had a mortgage agreed in principle with Nottingham. Dawlish conveyancing solicitors are appointed. How long does it take for Nottingham to send the offer to the solicitor?
Some lenders take longer than others. Have Nottingham completed the survey? Have you informed Nottingham as to your lawyers' details and checked that your lawyers are on the Nottingham conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
It is not clear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Dawlish building society branch on numerous occasions and was told they are content with the situation and they would lend. My Dawlish conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they will not lend in accordance with their published requirements. Who do I believe?
The lawyer has to comply with the CML Handbook Part 2 requirements for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
I used Action Conveyancing several years ago for my conveyancing in Dawlish. I now require my papers but the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Dawlish of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying my first flat in Dawlish benefiting from help to buy. The sellers would not reduce the price so I negotiated 6k of additionals instead. The sale representative told me not reveal to my conveyancer about this deal as it will jeopardize 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.
I decided to have a survey carried out on a house in Dawlish prior to retaining lawyers. I have been informed that there is a flying freehold overhang to the house. Our surveyor has said that some banks may not issue a mortgage on this type of property.
It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Dawlish. Conveyancing may be slightly more expensive based on your lender's requirements.
I am a sole trader planning to take over a lease of a shop on a shopping parade. Can you recommend lawyers offering no-move-no fees for commercial conveyancing in Dawlish for under £1,200?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Dawlish, including the disposal and acquisition of businesses as well as simply premises. Whether you are intending to buy or dispose of a shop, pub, restaurant, office, retail unit or a complete business we can find you the right firm. Regarding the costs these will vary based on the structure and terms of the proposed transaction. Let us have your contact information or telephone us so that we can provide you with comprehensive commercial conveyancing calculation.