I own a freehold house in Salisbury yet charged rent, why is this and what is this?
It’s unusual for properties in Salisbury and has limited impact for conveyancing in Salisbury 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 date back hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
Is there a search tool that I can utilise to investigate if the solicitor handling my conveyancing in Salisbury is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Alliance & Leicester thus paying £192.00 in supplemental legal bill.
Feel free to take advantage of the find a lender approved solicitor tool on this site. Please choose the lender and type ‘Salisbury’ or your location and you will discover a number of lawyer based in Salisbury or by proximity to you.
I am due to move home in September. Does my conveyancing solicitor liaise with the removal company on the day of completion. Incidentally, can you put forward a removal company in Salisbury. Conveyancing lawyer was found prior to coming across your website.
On the afternoon of completion you can collect the house keys from your estate agent however this can only be done after the vendors conveyancers inform the agent that the monies to complete are in and the keys can be passed over. After that you will need to tell the removal men that they can start moving you in. As a matter of policy we do not recommend a particular removal company but can assist you in locating a conveyancing in Salisbury or a legal practice that specialises in conveyancing in Salisbury.
We previously chose conveyancing lawyers with offices in Salisbury on the Leeds Building Society solicitor panel. They have just invoiced me a further fee for dealing with the Leeds Building Society mortgage. Is this an additional conveyancing fee specified by Leeds Building Society?
Unfortunately, so long as it is in their Terms of Engagement or estimate then yes your conveyancer is entitled to charge a fee for this. This fee is not set by Leeds Building Society but by your Salisbury solicitor. Plenty of firms on the Leeds Building Society panel will quote an ‘acting for lender’ fee and others do not.
I have decided to exercise my right to buy my property in Salisbury off the council. I have a mortgage agreed with HSBC. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with HSBC, you will need to appoint a solicitor on the HSBC conveyancing panel.
I am buying a new build house in Salisbury benefiting from help to buy. The sellers refused to move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep suggested that I not disclose to my solicitor about the deal as it would put at risk my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Are there any apps to help identify a Salisbury law firm on the HSBC Bank conveyancing panel? I have a car and am prepared to travel upto 25kilometers to meet the solicitor.
Feel free to make use of the search on this page. Please pick a lender and your location and you will see a number of Salisbury conveyancing lawyers locally. We have detailed some Salisbury conveyancing firms at the bottom of this page and you can call them to verify if they are on the HSBC Bank member panel
My cousin has suggested that I use his lawyers for conveyancing in Salisbury. Should I find my own property lawyer?
Much as we are happy to recommend a Salisbury conveyancing lawyer the best way to find a conveyancing solicitor is to have feedback from friends or relatives who have actually used the conveyancer you're are thinking of instructing.