My IFA has asked me for my Staindrop lawyer’ panel member for the Nat West conveyancing panel. Can you suggest how I discover this. I have contacted my local Staindrop branch but they have not got back to me yet.
Have you tried contacting your Staindrop property lawyer about this?. They retain a central record lender panel numbers.
I am the registered owner of a freehold property in Staindrop but still pay rent, why is this and what is this?
It’s unusual for properties in Staindrop and has limited impact for conveyancing in Staindrop 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 generation of new rentcharges post 1977.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
2 months have elapsed since my purchase conveyancing in Staindrop took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a quick, no chain conveyancing. Staindrop is where the house is located. Can you offer any advice?
Flying freeholds in Staindrop are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Staindrop you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Staindrop may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
What does commercial conveyancing in Staindrop cover?
Staindrop conveyancing for business premises incorporates a broad range of guidance, offered by qualified solicitors, relating to business premises. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
The mortgage broker has recommended their solicitor for our conveyancing in Staindrop - Is it not simpler better to just use them?
You need to establish if the estate agent is recommending a conveyancer or introducing to a conveyancing practitioner. There are plenty of Staindrop selling agents who recommend two or three Staindrop conveyancing firms and get nothing from it.