I can't travel far from Wadhurst. I would like to know the reason why all Wadhurst solicitors aren't automatically on all lender panels?
Even though it may seem unfair for mortgage companies to restrict who can represent them, from the public’s or conveyancer’s viewpoint, the other side of the coin is that mortgage companies are increasingly anxious and consider it imperative to protect them from mortgage fraud. As a result of this concern mortgage companies are limiting their conveyancing panel to a manageable size.
I purchased a freehold property in Wadhurst but nevertheless pay rent, why is this and what is this?
It is rare for properties in Wadhurst and has limited impact for conveyancing in Wadhurst 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 establishment of new 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 in 2037 will be dispensed with completely.
Do I need to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will instruct a firm who offer conveyancing in Wadhurst so that I can pop in to their offices when needed.
Nowadays approved lawyers for banks carry out their communications via the post, e-mail or over the phone. This enables them to undertake the conveyancing transaction regardless of where you live in England or Wales. That being said you can see if you have the option of visiting the offices of your conveyancing lawyer if needed.
I need some fast conveyancing in Wadhurst as I am under an ultimatum to complete in less than one month. Thankfully I do not need a mortgage. Is it possible to avoid the conveyancing searches to save fees and time?
If.Given you are not obtaining a home loan you have the choice not to do searches although no lawyer would advise that you don't. With lots of history conveyancing in Wadhurst the following are instances of issues that can show up and therefore impact the marketability of the property: Enforcement Notices, Overdue Charges, Overdue Grants, Railway Schemes,...
I purchased a terraced Victorian property in Wadhurst. Conveyancing solicitor acted for me and The Royal Bank of Scotland. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, another for leasehold under the exact same property. Is it worth asking The Royal Bank of Scotland to clarify?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Wadhurst and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with your conveyancing practitioner who conducted the purchase.
What tools are available to identify a Wadhurst solicitor on the Chelsea Building Society conveyancing panel? I have a car and am willing to travel upto 10miles to meet the conveyancer.
Feel free to make use of the facility on this website. Please pick a bank and your location and you will see a number of Wadhurst conveyancing lawyers locally. We have listed some Wadhurst conveyancing firms at the bottom of this page and you can ring them to check whether they are on the Chelsea Building Society panel