I purchased a freehold premises in Great Missenden but still pay rent, why is this and what is this?
It’s unusual for properties in Great Missenden and has limited impact for conveyancing in Great Missenden 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 from 1977 onwards.
Previous 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 dispensed with completely.
I got the keys to my apartment on 12 January and my personal details are still not registered. Need I be worried? My conveyancing solicitor in Great Missenden expressed confidence that it would be dealt with in a couple of weeks. Are titles in Great Missenden particularly slow to register?
There is nothing unique when it comes to conveyancing in Great Missenden registration formalities. Rather than based on location, timescales can adjust according to the party submitting the application, whether there are errors and whether the Land registry have to notify any 3rd parties. As of today approximately 80% of submission are fully addressed within 12 days but occasionally there can be longer hold-ups. Registration takes place once the buyer has moved in to the property thus 'speed' is not typically an essential issue but if it is urgent that the the registration takes place urgently then you or your conveyancer could communicate with the Registry to express the reasoning for an expedited registration.
I am buying a new build house in Great Missenden with a loan from Leeds Building Society. The builders refused to move on the amount so I negotiated 6k of additionals instead. The sale representative told me not to tell my solicitor about the side-deal as it will impact my loan with the lender. 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.
Given that I will soon spend over three hundred thousand on a two bedroom apartment in Great Missenden I wish to talk to a conveyancer concerning thetransaction ahead of giving the go ahead to the firm. Can this be arranged?
This is something that we recommend - it is our preference to talk to you we do not take any clients on without you liaising with the conveyancer who will be carrying out your conveyancing in Great Missenden.There is no ‘factory style conveyancing’ - every client is unique person, not a file number. The practices that we put you in touch with believe that the fees you are quoted for your conveyancing in Great Missenden should be the amount on the final invoice that you end up paying.
I need to instruct a conveyancing solicitor for leasehold conveyancing in Great Missenden. I happened to stumble across a web site which appears to be the ideal answer If there is a chance to get all the legals completed via phone that would be preferable. Should I 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?
Some months ago I was told by my bank that their approved conveyancers work on no move no charge basis for conveyancing in Great Missenden. I had a purchase abort and now the conveyancers want search fees! They are stating that the fees are nothing to do with their fees!
By promising "no move no fee" Great Missenden conveyancing lawyers are foregoing their charges for any work done. We must stress this is NOT an insurance scheme. Disbursements aren’t covered – where the property lawyer have to pay money out to third parties, e.g. Great Missenden local search fees