I purchased a freehold property in Hither Green but still pay rent, why is this and what is this?
It’s unusual for properties in Hither Green and has limited impact for conveyancing in Hither Green 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 creation of new rentcharges from 1977 onwards.
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.
What is the difference between a licensed conveyancer and conveyancing solicitor in Hither Green
There are two types of lawyers who can execute conveyancing in Hither Green namely licenced conveyancers or solicitors. The two can provide the legal services that you need to complete the sale or acquisition of property. Both are duty bound to conduct Hither Green conveyancing to the same standards and guidelines so you can be safe in the knowledge that your conveyancing will be properly conducted and that all requirements and steps should be accurately adhered to.
I am currently in the process of buying my council flat in Hither Green. I have a mortgage offer with HSBC. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with HSBC, you will need to appoint a solicitor on the HSBC conveyancing panel.
I am due to exchange contracts on my flat. I had a double glazing fitted in July 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, HSBC are being pedantic. The Hither Green solicitor who is on the HSBC conveyancing panel is saying indemnity insurance will be fine but HSBC are insisting on a building regulation certificate. Why do HSBC have a conveyancing panel if they don't accept advice from them?
It is probably the case that HSBC have referred the matter to their valuer. The reason why HSBC may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I know that there are debates on Chancel Insurance on online forums. Do I need this when purchasing a residence in Hither Green? or I am told that there is historic law that could mean that house owners residing in a parish church boundary will be compelled to contribute towards maintenance to the chancel within the church. Is this a legitimate concern for conveyancing in Hither Green?
Unless a previous acquisition of the premises completed post 12 October 2013 you can assume that conveyancing practitioners delivering conveyancing in Hither Green to continue to advocate a chancel search and or chancel repair liability policy.
I am looking for a leasehold apartment up to £245,000 and found one close by in Hither Green I like with open areas and transport links in the vicinity, the downside is that it only has 51 years on the lease. I can't really find anything else in Hither Green for this price, so just wondered if I would be making a grave error buying a short lease?
If you require a mortgage the remaining unexpired lease term may be an issue. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
I am selling my property. My former solicitors has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Hither Green if that makes things easier.
You should use our search tool to help you choose a solicitor for your conveyancing in Hither Green. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
We have been advised by various friends that it should take six to eight weeks for Hither Green conveyancing to complete.This was four weeks ago. The property information was only forwarded from the vendors property lawyer a couple of days ago so now does it countdown?
There is no definitive time frame for conveyancing in Hither Green. Conveyancing is subject to many variable. Hither Green conveyancing searches in and of themselves could take up to month before they are received.