I am expecting a offer of a home loan from Nat West. I hope to retain the legal services of a Licensed Conveyancer in Lees and Moorside. Does the Nat West Conveyancing 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.
I own a freehold house in Lees and Moorside but still charged rent, why is this and what is this?
It is rare for properties in Lees and Moorside and has limited impact for conveyancing in Lees and Moorside 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 post 1977.
Old 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 extinguished.
I have a renovated Victorian property in Lees and Moorside. Conveyancing lawyer acted for me and Barnsley Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, another for leasehold under the exact same property. I thought I was buying a freehold how can I check?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Lees and Moorside and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with the conveyancing practitioner who conducted the conveyancing.
How difficult is it to change conveyancer as I need to appoint one who is on the Nationwide Building Society conveyancing panel. I was using a family conveyancing solicitor in Lees and Moorside round the corner but she is not approved by Nationwide Building Society
We will our best to assist in finding you a conveyancing solicitor in Lees and Moorside on the Nationwide Building Society panel. Please note that the property lawyers that we work with do not pay us a referral fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Lees and Moorside. In utilising search facility on this page, you can contrast charges for conveyancing solicitors in Lees and Moorside and beyond.
I need to appoint a conveyancing solicitor for some conveyancing in Lees and Moorside. I have discover a site which seems to have the perfect offering If it is possible to get all formalities done via web that would be preferable. 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?
I have just appointed agents to market my basement flat in Lees and Moorside. Conveyancing has not commenced, but I have just received a half-yearly service charge demand – Do I pay up?
It best that you discharge the maintenance contribution as normal because all ground rent and service payments will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Lees and Moorside Leasehold Conveyancing - Sample of Questions you should ask before buying
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How much is the yearly service fee and ground rent? Most Lees and Moorside leasehold apartments will have a service charge for maintenance of the block levied by the freeholder. Should you purchase the apartment you will have to meet this contribution, usually periodically during the year. This may be anything from several hundred pounds to thousands of pounds for blocks with lifts and large communal areas. In all probability there will be a rentcharge for you to pay annual, this is usually not a large sum, say around £25-£75 but you need to check as sometimes it could be many hundreds of pounds. Can you inform me if there are any major works on the horizon that could increase the maintenance fees?