We were just about to sign contracts for a property in Rainhill. We have hit a stumbling block. Our loan offer with Barnsley Building Society runs out on 24/6/2025 but the vendors are putting forward a completion date of 26/6/2025. Can one prolong the mortgage expiry date?
The best person to address this concern is your conveyancer who is in a position to determine whether he or she is better off negotiating with the lender, vendor’s representatives, property agents or indeed all parties given the history of your house move as of today.
I am the registered owner of a freehold residence in Rainhill yet charged rent, why is this and what is this?
It’s unusual for properties in Rainhill and has limited impact for conveyancing in Rainhill 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 redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
I have been told that property searches are a common reason for stalling in Rainhill house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of a review by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of hindrances during the legal transfer of property. Searches are unlikely to feature in any holding up conveyancing in Rainhill.
Given that I am about to spend hundreds of thousands of pounds on a terraced house in Rainhill I wish to have a conversation with the solicitor concerning thehouse move before appointing the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you first talking to the conveyancer due to be doing your property ownership legalities in Rainhill.There is no ‘factory style conveyancing’ - each client is unique individual, not a matter number. The practices that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Rainhill should be the amount on the final invoice that you are charged.
I need to instruct a conveyancing solicitor for residential conveyancing in Rainhill. I have discover a site which appears to be the ideal offering If it is possible to get all formalities completed via email that would be preferable. Should I be concerned? What should out be looking out for?
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'm remortgaging a bungalow in Rainhill. I have found my conveyancer's company on the Law Society's list, but I can't locate my conveyancer's name on the list. Is this a big problem?
Not every individual in the law firm must be listed by the regulator. As long there is someone qualified to 'oversee' the work, the actual day-to-day activity can be undertaken by unqualified staff.