I own a freehold house in Woolacombe yet charged rent, why is this and what is this?
It’s unusual for properties in Woolacombe and has limited impact for conveyancing in Woolacombe 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 many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
What happens if my lawyer’s firm is removed from the Skipton Conveyancing panel ahead of completing my conveyancing in Woolacombe?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
What is the difference between a licensed conveyancer and conveyancing solicitor in Woolacombe
Two types of professional can perform conveyancing in Woolacombe namely CLC regulated conveyancers or solicitors. The two can administer the legal services that required to complete the sale or purchase of property. They are both duty bound to conduct Woolacombe conveyancing on similar quality and guidelines so you may be sure that your conveyancing will be properly administered and that the requirements and procedures should be appropriately taken.
I happen to be the sole recipient of my late mum's estate and I have everything in my name alone, including the house in Woolacombe. Conveyancing formalities meant that the Land Registry date was in June. I plan to dispose of the house. I understand that there is a Mortgage Lenders six month 'rule', meaning my proprietorship will be considered the same way as if I'd bought the house in June. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be caught by that. How sensible a view mortgage companies take of it, depend on the lender as this requirement primarily exists to capture the purchase and immediately sell or the flipping of property.
My wife and I are spending time viewing apartments in Woolacombe and I am now considering a potential offer. Should I already have a conveyancing practitioner in place at this point? I intend to finance via a home loan with Leeds Building Society.
It would be advisable to instigate your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. As you are getting a mortgage with Leeds Building Society, make sure you remember to check that your lawyer is on the Leeds Building Society conveyancing panel.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The conveyancers who conducted the conveyancing in Woolacombe 10 years ago are no longer around. What are my next steps?
These day there are copies made of almost everything, and your solicitor should know precisely where to look for all the appropriate documentation so you can purchase or dispose of your house without a hitch. Where copies are not available, your solicitor can put in place insurance or indemnities protecting you against possible claims on the premises.
As co-executor for the will of my father I am selling a property in Neath but live in Woolacombe. My lawyer (approximately 300 kilometers awayneeds me to sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Woolacombe who can attest this legal document for me?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are based in Woolacombe
I am not able to be present at my Woolacombe conveyancing lawyers office to sign documents connected to my conveyancing in Woolacombe – is this a problem?
You need not be concerned. Woolacombe conveyancing lawyers can conduct home moves for clients throughout the rest of the country. It is not necessary for you to be able to visit a Woolacombe conveyancers office. They can handle everything using post, email, telephone and fax.