I own a freehold house in Gatley yet invoiced for rent, why is this and what is this?
It is rare for properties in Gatley and has limited impact for conveyancing in Gatley 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 many centuries, but the Rent Charge Act 1977 barred the generation of new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Gatley. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 14/7/2026, the requirements read as follows :
My husband and I have arranged a further advance on our home loan from Nationwide as we want to carry out a loft conversion to our home in Gatley. Do we need to choose a bricks and mortar Gatley solicitor on the Nationwide conveyancing panel to deal with the paperwork?
Nationwide would not normally require a member of their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Nationwide conveyancing panel.
Completion of my purchase has taken place for my property in Gatley. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. In most cases complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
My offer on a house in Gatley has been agreed to, but there is a chain. The sellers have offered on somewhere, but it’s not yet tied up, and are looking at other properties booked. I have selected a high street conveyancing solicitor in Gatley. What should be my next step? When should I get the mortgage application with Virgin Money going?
It is usual to have apprehensions where there is a chain as you are unlikely to want to incur costs too early (mortgage application is in the region of one thousand pounds, then survey, Gatley conveyancing search fees, etc). First, you should check that your solicitor is on the Virgin Money approved list. Regarding the next stages this very much dictated by the circumstances of your transaction, motivation for the property and on the state of the market. During a buoyant market the majority of home buyers will apply for the mortgage with Virgin Money and arrange for the valuation and only if it comes back ok would they ask their property lawyer to press on with the conveyancing in Gatley.
three months have gone by following my purchase conveyancing in Gatley concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am purchasing my first flat in Gatley with a mortgage from Nationwide Building Society. The builders would not move on the amount so I negotiated £7000 of additionals instead. The house builders rep suggested that I not reveal to my lawyer about the extras as it may affect my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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 was recommended by two or three local estate agents in Gatley to select a property lawyer using your seach tool. Is there a financial advantage for Estate Agents to recommend your services over another?
We refuse to give any referral fee for sending work in our direction. We thought it would be too underhand to pay a commission as members of the public would think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.