I purchased a freehold property in Kings Lynn yet invoiced for rent, why is this and what is this?
It is rare for properties in Kings Lynn and has limited impact for conveyancing in Kings Lynn 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 have existed for many centuries, but the Rent Charge Act 1977 barred the generation of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
I am helping my sister sell her property in Kings Lynn. Does the conveyancing solicitor commission the energy assessment or should I organise this?
Following the demise of Home Packs, energy performance certificates was maintained a compulsory part of selling a property. An energy performance certificate should be commissioned before the property is advertised. It is not a task that law firms ordinarily arrange. Where you are using a Kings Lynn conveyancing solicitor they might help arrange EPC’s due to their relationships with reputable Kings Lynn accredited person
I just acquired a property at auction in Kings Lynn. Conveyancing is needed. What are my next steps?
Now that you have for in every practical sense signed on the dotted line you will need to retain a conveyancing lawyer soon as you will have a pending deadline in which to complete the conveyancing. All auction property will have an associated auction set of papers. This should include most,if not all of the paperwork that your conveyancer requires. If you have purchased leasehold premises the legal pack should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to leasehold premises. You need to give this to your appointed conveyancing solicitor at the earliest opportunity. You also need to ensure that you have funds in place to complete the transaction on the set completion date.
I recently had an offer accepted on an apartment in Kings Lynn. My mortgage broker pressured me to appoint their conveyancer. I paid an advanced payment of £150. A few days later, the conveyancing practitioner contacted me embarrassingly acknowledging that they were not on the Santander conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Santander panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I got the keys to my home on 9 March and my personal details is not yet on the land registry website. Should I be concerned? My conveyancing solicitor in Kings Lynn said it should be formalised in less than a month. Are transfers in Kings Lynn particularly slow to register?
As far as conveyancing in Kings Lynn registration is no quicker or slower than the rest of England and Wales. Rather than based on location, timescales can adjust depending on the party submitting the application, whether there are errors and if the Land registry communicate with any 3rd parties. As of today roughly three quarters of such applications are fully addressed in less than three weeks but occasionally there can be longer hold-ups. Registration occurs once the purchaser is living at the premises so 'speed' is not always top priority yet where there is a degree of urgency associated with the registration then you or your solicitor could communicate with the Registry to express the reasoning for the application to be prioritised.
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a simple, no chain conveyancing. Kings Lynn is the location of the property. Is there any guidance you can give?
Flying freeholds in Kings Lynn are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Kings Lynn you must be sure that your lawyer goes 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 Kings Lynn 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 premises.
I need to find a conveyancing solicitor for freehold conveyancing in Kings Lynn. I have discover a site which seems to have the perfect offering If it is possible to get all this stuff done via web that would be ideal. Do I need to be wary? 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?
My mortgage broker has recommended their conveyancer for our conveyancing in Kings Lynn - Surely it’s advisable to just use them?
You need to establish if the selling agent is recommending a solicitor or introducing to a conveyancing practitioner. There are plenty of Kings Lynn estate agents who recommend two or three Kings Lynn conveyancing firms and get nothing from it.