We are about to sign contracts for a property in Hornchurch. We encountered a stumbling block. The loan offer with Nationwide Building Society runs out on 17/7/2026 but the owners are suggesting a completion date of 21/7/2026. Is it possible to prolong the loan offer?
The best person to address this question is your lawyer who is in a position to determine whether they corresponding with the mortgage company, owner’s solicitors, estate agents or possibly all three taking into account the circumstances your house move to date.
I am the registered owner of a freehold house in Hornchurch yet charged rent, why is this and what is this?
It’s unusual for properties in Hornchurch and has limited impact for conveyancing in Hornchurch 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 post 2037 is to be extinguished.
Will commercial conveyancing searches reveal proposed roadworks that could impact a commercial premises in Hornchurch?
Its becoming the norm that commercial conveyancing solicitors in Hornchurch will conduct a SiteSolutions Highways report as it reduces the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Hornchurch. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Hornchurch.
For each commercial conveyancing transaction in Hornchurch it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can cause delays to Hornchurch commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for domestic conveyancing in Hornchurch.
three months have gone by since my purchase conveyancing in Hornchurch took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. Hornchurch is the location of the property. Can you offer any opinion?
Flying freeholds in Hornchurch are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Hornchurch you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hornchurch may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I need to instruct a conveyancing lawyer in Hornchurch for my home move. Is there any facility to see a solicitor's complaints history with the legal regulator?
Members of the public may see presented Solicitor Regulator Association (SRA) decisions resulting from investigations from 2008 onwards. Go to Check a solicitor's record. To find information about the period before 1 January 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The SRA may recorded call for training reasons.