I purchased a freehold house in West Derby but still charged rent, why is this and what is this?
It is rare for properties in West Derby and has limited impact for conveyancing in West Derby 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 establishment of fresh rentcharges post 1977.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
We hope to to purchase with Loughborough BS. We have called around locally but am unable to find a West Derby conveyancing firm on the Loughborough BS panel. Please you help?
Please do make the most of the search tool on this page. Please choose the mortgage company and type West Derby or your preferred area and you will be presented with a number of lawyer offices in West Derby or nearest you.
A colleague informed me that in purchasing a property in West Derby there may be various restrictions preventing external changes to the property. Is this right?
There are a number of properties in West Derby which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in West Derby should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Can I be sure that the West Derby conveyancing solicitor on the Coventry BS panel is any good?
When it comes to conveyancing in West Derby obtaining recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the solicitor handling your conveyancing.
Completion of my purchase has taken place for my property in West Derby. Conveyancing was a necessary evil but I would like to complain about the lender. How do I make a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
It has been 3 months following my purchase conveyancing in West Derby completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. 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 premises 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.
I'm buying my first flat in West Derby with the aid of help to buy. The developers refused to budge the amount so I negotiated 6k of extras instead. The sale representative advised me not disclose to my conveyancer about this deal as it could affect my mortgage with The Mortgage Works. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
In my capacity as executor for the will of my father I am disposing of a residence in Swansea but reside in West Derby. My conveyancer (based 235 miles from merequires that I sign a stat dec ahead of the transaction finalising. Could you suggest a conveyancing lawyer in West Derby to attest and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are based in West Derby