Can the conveyancing practitioners identified via your search tool carry out right to buy conveyancing in Glenfield?
We do have plenty of conveyancing conveyancers who can handle right to buy conveyancing Do get in touch with us in order to secure a conveyancing quote.
I am the registered owner of a freehold property in Glenfield yet charged rent, why is this and what is this?
It’s unusual for properties in Glenfield and has limited impact for conveyancing in Glenfield 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 generation 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 post 2037 is to be extinguished.
My aunt passed away 10 months ago and as sole heir and executor I was left the property in Glenfield. The house had a relatively small loan remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Kent Reliance, pay off the mortgage. Is this possible?
Given you plan to re-mortgage then Kent Reliance will require that you use a conveyancer on the Kent Reliance conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Kent Reliance conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Kent Reliance mortgage is registered as a charge at the Land Registry.
How does conveyancing in Glenfield differ for newly converted properties?
Most buyers of new build or newly converted property in Glenfield come to us having been asked by the developer to sign contracts and commit to the purchase even before the property is finished. This is because builders in Glenfield tend to buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Glenfield or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a property in Glenfield ahead of instructing lawyers. I have been told that there is a flying freehold element to the house. My surveyor advised that some lenders will refuse to give a loan on such a house.
It depends who your proposed lender is. HSBC has different requirements for example to Nationwide. Should you wish to telephone us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Glenfield. Conveyancing may be slightly more expensive based on your lender's requirements.
How simple is it to switch conveyancer as I have to find a firm on the HSBC Bank conveyancing panel. I was using a family conveyancing solicitor in Glenfield round the corner but she is not approved by HSBC Bank
It would be our pleasure to assist you find a conveyancing solicitor in Glenfield on the HSBC Bank panel. Please note that the solicitors that we list do not pay us fee if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Glenfield. Using search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Glenfield.