I am the registered owner of a freehold residence in Esher and Claygate yet charged rent, why is this and what is this?
It is rare for properties in Esher and Claygate and has limited impact for conveyancing in Esher and Claygate 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 new 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 will be extinguished.
Me and my partner are purchasing a house in Esher and Claygate. I might seem paranoid but how we can trust a conveyancer? On completion day we have to send our life savings into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am the single recipient of my late grandmother’s estate with all property in now in my sole name, including the my former home in Esher and Claygate. Conveyancing formalities meant that the Land Registry date was in April. I want to move. I understand that there is a CML 6 month 'rule', which means that my proprietorship may be considered the same way as though I had purchased the property in April. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. How practical a view banks take of it, depend on the mortgage company as this obligation is principally there to pick up on the purchase and immediately sell or the wholesaling and assigning of properties.
is it true that all Esher and Claygate solicitor practices on the HSBC conveyancing panel are overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the HSBC conveyancing panel they would need to be governed by the SRA. The majority of mortgage companies do list licenced conveyancers on their panel in which case such organisation would be regulated by the CLC.
I am looking for a leasehold apartment up to £245,000 and found one close by in Esher and Claygate I like with open areas and railway links nearby, however it's only got 49 years unexpired on the lease. I can't really find anything else in Esher and Claygate for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a mortgage the remaining unexpired lease term will likely be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you may request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.
Given that I am about to part with 450k on a garden flat in Esher and Claygate I would like to talk to a lawyer about myhome move before instructing the firm. Is this something that you can arrange?
Absolutely - we would be delighted to talk to you we do not take any clients on without you first talking to the solicitor due to be doing your conveyancing in Esher and Claygate.There is no ‘factory style conveyancing’ - each client is unique person, not a case reference. The law firms that we put you in touch with believe that the figure you are provided with for your conveyancing in Esher and Claygate should be the figure that you are charged.
I am using a search engine for the term conveyancing in Esher and Claygate it shows results of many conveyancerslocally. How do I determine which is the suitable conveyancer for me?
The best way of choosing the right conveyancer is via personal recommendation, so seek the counsel of friends and family who have bought a property in Esher and Claygate or the respected estate agent or mortgage broker. Costs for conveyancing in Esher and Claygate differ, so it's sensible to obtain a minimum of four fee calculations from varying types of property lawyers. Make sure that you know that the fees are fixed.
What are my options where I am dissatisfied with the lawyer who handled our conveyancing in Esher and Claygate?
Occasionally the level of service you receive is not as you expect, and unfortunately sometimes things do go wrong. Nevertheless there is recourse if you were not happy with your conveyancing in Esher and Claygate. This varies from trying to resolve matters directly with them, through to reporting a property lawyer to their regulator. If things still aren’t resolved you may consider getting in touch with the Legal Ombudsman.