Please could you suggest a HSBC Bank approved Sidcup conveyancing solicitor who can have us moved in within two weeks? Would it be better to use a high street Sidcup firm or a national comparison site?
We can recommend some very good Sidcup conveyancing firms. You can also walk up the high street in Sidcup. Visit some well established law practices and ask to speak with a conveyancing solicitor for a costs illustration. Discuss your expectations together with your reasons and ask for an assurance on your deadline. Choose the one that you trust.
I purchased a freehold property in Sidcup yet invoiced for rent, why is this and what is this?
It is rare for properties in Sidcup and has limited impact for conveyancing in Sidcup 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 generation of fresh 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 in 2037 will be dispensed with completely.
Are there restrictive covenants that are commonly identified during conveyancing in Sidcup?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Sidcup. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am looking for a ground for flat up to £195,000 and found one round the corner in Sidcup I like with a park and railway links in the vicinity, the downside is that it only has 49 years on the lease. I can't really find anything else in Sidcup for this price, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a home loan the remaining unexpired lease term may be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
How do I use your search app to select a conveyancing lawyer in Sidcup on the authorised to act for my mortgage?
First pick a mortgage company such as National Westminster Bank, The Royal Bank of Scotland or Platform Home Loans Ltd then choose your preferred area e.g. Sidcup. Conveyancing firms in Sidcup and further afield will then be listed.
My property lawyer in Sidcup has informed me that he requires identification documents saying that this is part of his requirements as a solicitor on the bank Solicitor panel. Can you confirm whether this is the case?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the bank. This is not unique to conveyancing in Sidcup