I am expecting a mortgage offer from Nat West. My intention is to instruct a Licensed Conveyancer in Halstead. Does the Nat West Solicitor panel include conveyancers regulated by the CLC?
The Nat West approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
Can the conveyancing solicitors via your comparison service carry out attended exchange conveyancing in Halstead?
We do have a number of conveyancing specialists who can conduct 24hr exchanges. Please call us to get a conveyancing quote and details as to dates.
I am the registered owner of a freehold premises in Halstead but still charged rent, why is this and what is this?
It is rare for properties in Halstead and has limited impact for conveyancing in Halstead 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 hundreds of years, but the Rent Charge Act 1977 barred the generation of new rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.
Should my solicitor be asking questions about flooding as part of the conveyancing in Halstead.
The risk of flooding is if increasing concern for lawyers carrying out conveyancing in Halstead. Some people will purchase a house in Halstead, completely aware that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, if 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 as part of the conveyancing process to forewarn the purchaser.
Lawyers are not best placed to offer advice on flood risk, but there are a various searches that may be initiated by the purchaser or by their lawyers which will give them a better appreciation of the risks in Halstead. The conventional set of property information forms supplied to a buyer’s solicitor (where the Conveyancing Protocol is adopted) incorporates a standard question of the seller to discover if the premises has suffered from flooding. In the event that the residence has been flooded in past and is not revealed by the vendor, then a buyer may issue a compensation claim as a result of such an misleading reply. A buyer’s lawyers may also carry out an environmental report. This should higlight if there is a recorded flood risk. If so, more detailed inquiries will need to be made.
I am looking for a leasehold apartment up to £305k and found one close by in Halstead I like with amenity areas and transport links nearby, however it's only got 61 years on the lease. I can't really find anything else in Halstead in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a home loan that many years may be problematic. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least 2 years you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
What is different about your site and alternative online quote calculators for conveyancing in Halstead?
At this site secure a conveyancing quote from a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in Halstead. Unlike many estate agents and brokerage sites we do not have referral arrangements with solicitors. Many agents and online brokers 'recommend' solicitors who pay the most per referral, rather than the best value conveyancing in Halstead