I own a freehold house in Shefford but still pay rent, why is this and what is this?
It’s unusual for properties in Shefford and has limited impact for conveyancing in Shefford 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 many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.
I am planning to move home in May. Does my conveyancing solicitor communicate with the removal company on the day of completion. On a separate note, can you recommend a removal company in Shefford. Conveyancing lawyer was chosen prior to coming across this website.
On the day of completion you can pick up the house keys from your selling agent but this can only occur after the sellers lawyers inform the agent that the monies to complete are in and the keys can be collected. After that you should inform the removal company that you are ready to move in. We are not in a position to suggest a specific removal organisation but can help you find a residential property solicitor in Shefford or a legal practice with expertise in conveyancing in Shefford.
Can you point me to a directory of HSBC panel conveyancers in Shefford on the Building Society Association’s Website?
No. There is no such directory service on the Council of Mortgage Lenders or Building Society Association websites. Very few lending institutions make their panel listings open the public on the web. Where you are in need of a Shefford lawyer on the HSBC please use our tool.
My partner and I are in the process of viewing apartments in Shefford and I am now considering a potential offer. Is it sensible to have my conveyancing practitioner on ‘stand by’? I intend to finance via a mortgage with Clydesdale.
You should start obtaining conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. Given that you are getting a mortgage with Clydesdale, make sure you remember to check that your lawyer is on the Clydesdale conveyancing panel.
I am selling our house in Shefford and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. Any high street Shefford lawyer would know this is not the case. For the life of me I don't know why the purchasers are using a web based conveyancing outfit rather than a conveyancing solicitor in Shefford. Having lived in Shefford for 5 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to get clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I am purchasing my first flat in Shefford benefiting from help to buy. The developers would not reduce the price so I negotiated 6k of fixtures and fittings instead. The estate agent suggested that I not to tell my lawyer about the side-deal as it will jeopardize my mortgage with Barnsley Building Society. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer 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.
I decided to have a survey done on a house in Shefford before instructing lawyers. I have been informed that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies will refuse to grant a loan on a flying freehold house.
It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. Should you wish to call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Shefford. Conveyancing will be smoother if you use a solicitor in Shefford especially if they are accustomed to such properties in Shefford.
I am selling my home. My previous solicitors have shut. It would be helpful to have a recommendation of a conveyancing firm. Im based in Shefford if that makes things easier.
You should use our search tool to help you find a solicitor for your conveyancing in Shefford. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.