I purchased a freehold residence in Harleston but still pay rent, why is this and what is this?
It’s unusual for properties in Harleston and has limited impact for conveyancing in Harleston 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 establishment of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
We are planning to buy with Coventry BS. We have called around locally yet am struggling to find a Harleston conveyancing firm on the Coventry BS approved list. Can you help?
You should make use of the search tool on this web page. Please choose the building society and type Harleston or your location and you will see a number of lawyer based in Harleston or nearest you.
Is there a list of Skipton panel conveyancers in Harleston on the Building Society Association’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few mortgage companies make their panel listings available over the internet. If you are seeking to appoint a Harleston property lawyer on the Skipton please use our facility.
Completion of my remortgage has taken place for my property in Harleston. Conveyancing was satisfactory but I would like to complain about the lender. How does one go about formally complaining?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
Barclays have agreed my home loan in principle, my bid on a flat in Harleston has been accepted, what are the next steps?
The estate agent will need to be advised as to your lawyer's details (be sure the solicitors are on the lender’s panel). Call up Barclays or your broker and finish off any appropriate paperwork. Barclays will sellect a valuer who will get in contact with the selling agent or vendor to arrange a slot for the valuation to occur. Once carried out (assuming no problems) it takes on average a fortnight for the mortgage offer to be issued. Barclays will send the offer to you and your property lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Harleston.
Is it necessary to take out insurance to cover chancel repairs when buying a residence in Harleston?
Unless a previous acquisition of the property completed post 12 October 2013 you could take it that conveyancing practitioners carrying out conveyancing in Harleston to remain recommending a chancel search and or chancel repair liability insurance.
Despite weeks of looking the Title Certificate and documents to our property are lost. The solicitors who dealt with the conveyancing in Harleston 10 years ago are no longer around. What do I do?
Gone are the days when you need to hold title official documentation to prove you are the owner of your registered land or premises, given that the Land Registry hold details of all registered land or property electronically.
I am purchasing my first flat in Harleston with a loan from Skipton Building Society. The builders would not move on the amount so I negotiated £7000 of extras instead. The sale representative told me not inform my solicitor about this deal as it would adversely affect my mortgage 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.