Me and my partner are about to complete buying a property in Llandyrnog but as a result of wreckage from the recent storms I have managed to agree compensation from the owner of £3k in the form of a deduction in the price. I had intended this to be addressed as part of the conveyancing process however Yorkshire BS are not allowing this. Should they have been approached?
Your property lawyer that is on a Yorkshire BS conveyancing panel is obliged to advise Yorkshire BS of any amendments to the purchase price. If you prohibit your property lawyer to report the price change to Yorkshire BS then they would have to discontinue acting for you. In addition, Yorkshire BS and you would have to appoint a new conveyancing practitioner for your conveyancing in Llandyrnog.
I purchased a freehold residence in Llandyrnog but still charged rent, why is this and what is this?
It is rare for properties in Llandyrnog and has limited impact for conveyancing in Llandyrnog 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 hundreds of years, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
I used Stirling Law a few years past for my conveyancing in Llandyrnog. Now, I need my documents but the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Llandyrnog of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
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 straight forward, no chain conveyancing. Llandyrnog is the location of the property. Is there any guidance you can impart?
Flying freeholds in Llandyrnog are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Llandyrnog you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Llandyrnog 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.
We are 18 days into a freehold purchase having been directed to a firm by the selling agent to carry out the conveyancing in Llandyrnog. We are not happy. Could you you assist me in finding new lawyers?
They would have to be very bad to suggest replacing them. Has the mortgage been sent? In the event that it has you need to make them aware of the new contact details and get the mortgage documents are issued to the new lawyers. Your conveyancer should be on the mortgage company panel to avoid supplemental fees and complications. That should be your starting point. Our search tool should assist you in finding a lender approved conveyancer for your conveyancing in Llandyrnog
Why am I unable to complete my conveyancing in Llandyrnog on Easter Monday?
This is due to the fact that on completion the purchase price will pass between the banks of the buyer and owner’s conveyancer and currently this can only take place on a business day. So you can't complete on a weekend either.