Can the conveyancing solicitors identified via your search app carry out right to buy conveyancing in Southwold?
We have identified numerous conveyancing practitioners carrying out right to buy conveyancing work Do e-mail the lawyers listed with a view to secure a costs illustration.
I purchased a freehold house in Southwold but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Southwold and has limited impact for conveyancing in Southwold 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 post 1977.
Old 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 extinguished.
I have been referred to a conveyancing solicitor in Southwold. I need to find out whether they are accepted on the Birmingham Midshires approved list of lawyers. Could you or the lender confirm if they are on the panel?
You should phone the solicitor and ask them whether they can act for the lender. Alternatively please get in touch with Birmingham Midshires who may be able to confirm.
What will a local search inform me concerning the house we're buying in Southwold?
Southwold conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search company for instance PSG The local search is essential in every Southwold conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your property. The search will provide data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
I am buying a new build house in Southwold benefiting from help to buy. The builders refused to reduce the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative told me not reveal to my lawyer about the extras as it would put at risk my mortgage with Halifax. Should I keep quiet?.
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.
Am I better off to appoint a Southwold conveyancing solicitor based in the location that I am hoping to buy? We have a good friend who can deal with the conveyancing but they are based over three hundred kilometers drive away.
The benefit of a local Southwold conveyancing firm is that you can drop in to sign documents, hand in your identification documents and apply pressure on them if necessary. Having local Southwold know how is a plus. That being said it's more important to get someone that will do a good and efficient job. If if people you trust used your friend and on the whole were content that should surpass using an unknown Southwold conveyancing solicitor solely due to them being local.