My wife and I are due to complete on the purchase of a property in Wolsingham but as a consequence of wreckage from a small fire at the property I have was able negotiate recompense from the vendor of £2k in the form of a adjustment in the price. I had intended this to be addressed as part of amending the contract yet UBS will not agree to this. Why were they approached?
Your conveyancer being on the UBS conveyancing panel is duty bound to advise UBS of any amendments to the purchase price. If you prohibit your lawyer to disclose the price change to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new conveyancer for your conveyancing in Wolsingham.
I own a freehold residence in Wolsingham but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Wolsingham and has limited impact for conveyancing in Wolsingham 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 new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
My aunt passed away six months ago and as sole heir and executor I was left the house in Wolsingham. The house had a relatively small loan remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Barclays, pay off the mortgage. Is this allowed?
Where you intend to refinance then Barclays will insist on your using a conveyancer on the Barclays conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Barclays conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Barclays mortgage is registered as a charge at the Land Registry.
I acquired my house on 8 August and my personal details are still not on the land registry website. Need I be worried? My conveyancing solicitor in Wolsingham expressed confidence that it would be recorded inside ten days. Are transfers in Wolsingham particularly slow to register?
As far as conveyancing in Wolsingham registration is no quicker or slower than the rest of England and Wales. As opposed to being determined by geographic area, timescales can adjust depending on who lodges the application, whether it is in order and if the Land registry have to notify any interested parties. As of today roughly 80% of submission are fully addressed within two weeks but occasionally there can be extensive delays. Historically registration occurs once the purchaser has moved in to the property so an expedited registration is not always primary concern but where there is a degree of urgency associated with the registration then you or your solicitor must communicate with the Registry to express the reasoning for the application to be prioritised.
How does conveyancing in Wolsingham differ for new build properties?
Most buyers of new build property in Wolsingham approach us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is finished. This is because builders in Wolsingham tend to buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Wolsingham or who has acted in the same development.
What tools are available to identify a Wolsingham law firm on the Barclays conveyancing panel? I am a keen cyclist and am prepared to travel upto 20miles to meet the conveyancer.
You can use the tool on this page. Please select a lender and your location and you will see a number of Wolsingham conveyancing lawyers based on proximity. We have detailed some Wolsingham conveyancing firms at the bottom of this page and you can contact them to check whether they are on the Barclays member panel