We opted for a St Helier based firm for my conveyancing in St Helier today. After carefully reading the Ts and Cs I seeI am liable for charges even where the conveyance does not complete. Should I ditch them and instruct a web based lawyer promising no-sale-no-fee conveyancing in St Helier?
It is usually ‘give and take’ in that if "No Completion No Fee" is available then the fee levels will tend to be be higher to cover those transactions that fail to complete. Do bear in mind that these promotions generally do not cover disbursements by way of example St Helier conveyancing search costs.
I purchased a freehold residence in St Helier yet invoiced for rent, why is this and what is this?
It’s unusual for properties in St Helier and has limited impact for conveyancing in St Helier 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 many centuries, 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 in 2037 will be extinguished.
A colleague recommended that if I am buying in St Helier I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes quoted for as part of the standard St Helier conveyancing searches. It is not a small report of about 40 pages, listing and detailing significant information about St Helier around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data about St Helier.
I am purchasing a new build house in St Helier with a loan from Nationwide Building Society. The developers would not reduce the amount so I negotiated £7000 of extras instead. The property agent told me not disclose to my lawyer about the side-deal as it would affect my loan with the lender. Is this normal?.
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.
I decided to have a survey carried out on a property in St Helier ahead of retaining lawyers. I have been informed that there is a flying freehold overhang to the house. The surveyor advised that some lenders tend not give a loan on such a premises.
It varies from the lender to lender. Santander has different instructions for example to Halifax. Should you wish to telephone us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in St Helier. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in St Helier to see if the conveyancing costs will increase in light of this.
How do I identify a St Helier solicitor on the Norwich and Peterborough Building Society conveyancing panel? I have a car and am happy to travel upto 10miles to meet the conveyancer.
Feel free to make use of the facility on this page. Please choose the bank and your location and you will see a number of St Helier conveyancing lawyers based on proximity. We have detailed some St Helier conveyancing firms at the bottom of this page and you can telephone them to verify if they are on the Norwich and Peterborough Building Society approved list