I am the registered owner of a freehold house in Pitsea yet pay rent, why is this and what is this?
It is rare for properties in Pitsea and has limited impact for conveyancing in Pitsea 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 creation of new rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.
I am buying a property and require a conveyancing solicitor in Pitsea who is on the Nottingham Building Society solicitor. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nottingham Building Society in certain locations such as Pitsea. We dont recommend any particular firm.
Can you point me to a directory of Coventry BS panel solicitors in Pitsea on the Council of Mortgage Lender’s Website?
No. There is no such directory service on the CML or Building Society Association sites. A small selection of mortgage companies make their panel listings open the public on the web. If you are in need of a Pitsea conveyancer on the Coventry BS please use our tool.
We had chosen conveyancers based in Pitsea on the Lloyds solicitor approved list. They have just invoiced me an additional sum for dealing with the Lloyds mortgage. Is this a supplemental conveyancing fee specified by Lloyds?
Provided it is contained in their Terms of Engagement or Quote then yes your lawyer can charge a fee for this. The fee is not set by Lloyds but by your Pitsea lawyer. Some firms on the Lloyds panel will quote ’dealing with mortgage’ fee but plenty of practices incorporate it on their overall fee.
The formalities of my purchase has taken place for my property in Pitsea. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Most banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I have been told that property searches are the number one reason for stalling in Pitsea house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of hindrances during the legal transfer of property. Local searches are not likely to be the root cause of holding up conveyancing in Pitsea.
I have todaybeen informed that Wolstenholmes have closed. They conducted my conveyancing in Pitsea for a purchase of a leasehold apartment 12 months ago. How can I check that my home is not still registered in the name of the previous owner?
The quickest way to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Pitsea conveyancing specialists.
How does conveyancing in Pitsea differ for new build properties?
Most buyers of new build premises in Pitsea approach us having been asked by the builder to exchange contracts and commit to the purchase even before the property is finished. This is because developers in Pitsea usually acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Pitsea or who has acted in the same development.