I am the registered owner of a freehold property in West Wittering yet pay rent, why is this and what is this?
It is rare for properties in West Wittering and has limited impact for conveyancing in West Wittering 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 hundreds of years, but the Rent Charge Act 1977 barred the establishment 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 in 2037 will be extinguished.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in West Wittering. My lender is Virgin
Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 24/12/2024, the requirements read as follows :
Can I be sure that the West Wittering conveyancing solicitor on the Barclays panel is any good?
When it comes to conveyancing in West Wittering obtaining recommendations is a good starting point. 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 advertising the lowest fees. We would always suggest that you speak with the solicitor carrying out your transaction.
We have agreed to purchase a house in West Wittering. An unusual aspect is that the roof has a solar panel. TSB have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is TSB your lawyer must check the conveyancing requirements contained in Section 2 of UK Finance Lenders’ Handbook for TSB. The Council of Mortgage Lenders’ Handbook sets out minimum specifications for solar panel roof-space leases, and property lawyers are required to report to TSB where a lease fails to comply with these provisions. The provisions relate to the installation of panels on properties in England and Wales and is not restricted to West Wittering.
The formalities of my remortgage has taken place for my property in West Wittering. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
All banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are resolved very quickly. If you feel 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.
I have been told that property searches are a common cause of stalling in West Wittering conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of hindrances during the legal transfer of property. Local searches are unlikely to be the root cause of holding up conveyancing in West Wittering.
five months have gone by since my purchase conveyancing in West Wittering completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. 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 asset 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 am a sole trader wishing to lease a unit on a shopping parade. Can you recommend solicitors offering no-move-no costs for commercial conveyancing in West Wittering for under 1500k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in West Wittering, including the disposal and purchase of businesses as well as simply property. If you are hoping to buy or dispose of a shop, pub, restaurant, office, retail premises or a whole business we can find you the right lawyer. As for the charges these will vary based on the structure and terms of the proposed transaction. Please provide us with your details or call us so that we can supply you with a fixed commercial conveyancing quote.