I own a freehold residence in Martlesham Heath but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Martlesham Heath and has limited impact for conveyancing in Martlesham Heath 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 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 post 2037 is to be extinguished.
My brother-in-law has suggested I instruct a conveyancing solicitor in Martlesham Heath. I I am struggling to find out whether they are accepted on the Norwich and Peterborough Building Society approved list of lawyers. Could you help?
The first thing to do is e-mail your solicitor and enquire if they can act for the lender. Otherwise you should call Norwich and Peterborough Building Society who may be able to help.
I have been advised by my solicitor that lack of planning permission insurance is necessary on my purchase. What is the level of cover for Martlesham Heath conveyancing?
The right level of lack of planning permission indemnity insurance depends on your lender. It would differ for example between Halifax and Chelsea Building Society. Conveyancing solicitors as opposed to members of the public take out such insurances.
I currently have a mortgage with Lloyds for my property in Martlesham Heath. Conveyancing has been completed months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Lloyds?
Your original mortgage agreement with Lloyds will provide that you need their approval in advance of renting your property as this is likely to be a breach of Lloyds’s mortgage conditions. It may be that Lloyds will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Lloyds directly. It should not be necessary to do this via a Lloyds conveyancing panel solicitor.
After much negotiation I have agreed a price on an apartment in Martlesham Heath. My mortgage broker pressured me to appoint their conveyancer. I paid an advanced payment of £175. Soon after, the solicitor called me embarrassingly acknowledging that they were not on the Barclays 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 Barclays 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 understand that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when purchasing a residence in Martlesham Heath? or Apparently there is a law dating back centuries that could mean that owners of property residing in a parish church boundary may be liable to contribute towards maintenance to the chancel within the church. Is this a legitimate concern for conveyancing in Martlesham Heath?
Unless a previous purchase of the house completed after 12 October 2013 you can take it that solicitors conducting conveyancing in Martlesham Heath to remain recommending a chancel search and or insurance against a claim.
In my capacity as executor for the estate of my grandmother I am disposing of a property in Newport but I am based in Martlesham Heath. My lawyer (who is 260 miles from mehas requested that I execute a stat dec prior to the transaction finalising. Could you suggest a conveyancing practitioner in Martlesham Heath to witness and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are Martlesham Heath based
At long last our conveyancing in Martlesham Heath is completing next Friday, but the owners I am buying off wants to move out on the Saturday PM. Do I accept such a idea?
In situations where you need a bank loan then your solicitor will require that you have vacant possession on Friday - the mortgage company will insist on it.