I purchased a freehold house in Exminster yet invoiced for rent, why is this and what is this?
It’s unusual for properties in Exminster and has limited impact for conveyancing in Exminster 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 many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.
Old 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 dispensed with completely.
I have been referred to a conveyancing solicitor in Exminster. I I would like to check if they are on the Alliance & Leicester conveyancing panel. Can you or the lender confirm if they are on the panel?
The first thing to do is e-mail your lawyer and enquire whether they are on the lender panel. Otherwise please get in touch with Alliance & Leicester who may be able to confirm.
Should my lawyer be making enquiries about flooding during the conveyancing in Exminster.
The risk of flooding is if increasing concern for conveyancers dealing with homes in Exminster. Plenty of people will purchase a property in Exminster, completely expectant that at some time, it may suffer from flooding. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or dispose of the property. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Lawyers are not qualified to give advice on flood risk, but there are a number of searches that may be initiated by the purchaser or by their solicitors which should give them a better understanding of the risks in Exminster. The standard information supplied to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard question of the seller to determine whether the property has suffered from flooding. If flooding has previously occurred and is not notified by the owner, then a buyer could commence a compensation claim as a result of such an incorrect reply. A purchaser’s conveyancers should also order an environmental report. This should higlight whether there is any known flood risk. If so, further inquiries should be made.
Just acquired a semi-detached house in Exminster , What is the estimated time for the Land Registry to deal with the formalities evidencing my proprietorship? My Exminster conveyancing solicitor has been very slow, so I want to be sure that my ownership is recorded.
As far as conveyancing in Exminster is concerned, registration is no faster or slower than the rest of the country. Rather than based on location, timeframes can adjust subject to who lodges the application, whether there are errors and whether the Land registry must send notices to any 3rd persons or bodies. Currently in the region of 80% of submission are completed in less than three weeks but some can be subject to longer hold-ups. Registration is effected after the new owner has moved in to the premises so an expedited registration is not typically an essential issue but where it is urgent that the the registration takes place urgently then you or your conveyancer can communicate with the Registry to express the reasoning for the application to be prioritised.
How do I identify a Exminster solicitor on the Santander conveyancing panel? I have wheels and am prepared to travel upto 20kilometers to meet the solicitor.
You can use the tool on this page. Please select a bank and your location and you will see a number of Exminster conveyancing lawyers located nearest you. We have listed some Exminster conveyancing firms towards the end of this page and you can telephone them to verify whether they are on the Santander approved list
I need to retain a conveyancing solicitor for sale conveyancing in Exminster. I happened to stumble upon a web site which looks to be the ideal offering If it is possible to get all the legals completed via web that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?