I am the registered owner of a freehold premises in Snodland but nevertheless charged rent, why is this and what is this?
It is rare for properties in Snodland and has limited impact for conveyancing in Snodland 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 fresh rentcharges post 1977.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.
Are there restrictive covenants that are commonly identified during conveyancing in Snodland?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Snodland. 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 purchasing my first flat in Snodland with a loan from Chelsea Building Society. The sellers would not move on the amount so I negotiated 6k of extras instead. The estate agent told me not to tell my lawyer about the extras as it would jeopardize my mortgage with the lender. 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.
Is it possible to transfer to a new solicitor as I have to select a firm on the HSBC Bank conveyancing panel. I was using a high street conveyancing solicitor in Snodland round the corner but the firm is not approved by HSBC Bank
It would be our pleasure to help you find a conveyancing solicitor in Snodland on the HSBC Bank panel. Please note that the law firms that we on the directory do not pay us fee if you instruct them and are under regulation of the Solicitors Regulation Authority who oversee all conveyancing solicitors in Snodland. Using the find a conveyancing solicitor tool on this website, you can contrast costs for conveyancing solicitors in Snodland and throughout England and Wales.
Am I best advised to instruct a Snodland conveyancing solicitor in close proximity to the house I am purchasing? An old friend can handle the legal work but his firm is located over three hundred kilometers away.
The benefit of a local Snodland conveyancing practice is that you can drop in to sign paperwork, deliver your ID and pester them where appropriate. Having local Snodland know how is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If other friends have instructed your friend and they were happy that must surpass using an unfamiliar Snodland conveyancing lawyer just because they are round the corner.
My sister purchased her house in Snodland in 2005. She has got married, divorced and is now married again. She now wishes to dispose of the Snodland property. I suspect that she will just be asked to provide a copy of her marriage papers to the solicitor but she is worried it will hold up the house sale. Should she instruct a property lawyer to update the land title information for the house?
It is not absolutely necessary to update the register on the basis that you have the proof required to show how the change of name occurred.
The purchaser’s conveyancer will check the registered information and request evidence to establish the name change for instance marriage documentation.