I am in the market for a low cost property lawyer. Do I opt for an online conveyancer as opposed to a local Looe conveyancing lawyer?
In the main conveyancing practitioners in your neck of the woods will have good connections with your local authority, which can help with the Looe conveyancing searches that your lawyer will inevitably need. It also helps if they enjoy good connections with the Local Land Registry Office your area Looe, other conveyancers in the area and Looe Estate Agents.
I own a freehold residence in Looe but still charged rent, why is this and what is this?
It is rare for properties in Looe and has limited impact for conveyancing in Looe 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 creation of new rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
My wife and I are buying a property in Looe. I might seem paranoid but how we can trust a conveyancer? At some point we have to send funds into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am the sole recipient of my late mum's estate and I have everything in my name alone, including the house in Looe. Conveyancing formalities meant that the Land Registry date was in August. I now wish to sell up. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my proprietorship may be regarded the same way as if I'd bought the house in August. Do I have to wait half a year to sell?
The CML handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be caught by that. How practical a view lenders take of it, depend on the bank as this obligation principally exists to capture subsales or the flipping of property.
Completion of my remortgage has taken place for my property in Looe. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
Are there restrictive covenants that are commonly identified during conveyancing in Looe?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Looe. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
As co-executor for the estate of my father I am selling a house in Cardiff but reside in Looe. My solicitor (who is 260 kilometers from meneeds me to sign a stat dec before the transaction finalising. Could you suggest a conveyancing practitioner in Looe who can attest this legal document for me?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are Looe based
Are Looe conveyancing solicitors under an obligation to the Law Society to issue transparent conveyancing costs?
Contained within the Solicitors Code of Conduct are specific rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their fees to clients.The Law Society have a practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not to be regarded as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, however, constitute the Law Society’s view of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Looe or beyond.