I purchased a freehold residence in Burwell but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Burwell and has limited impact for conveyancing in Burwell 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 generation of new rentcharges from 1977 onwards.
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.
Do I need to attend the offices of the solicitor to sign the legal charge? If so, I will instruct a firm who offer conveyancing in Burwell so that I can pop in to their offices if necessary.
Nowadays conveyancing panel lawyers for mortgage companies undertake the vast majority of communications through the post, internet or over the phone. This means that they can undertake the conveyancing transaction regardless of where you live in England or Wales. That being said you should see if you have the option of visiting the offices of your conveyancing lawyer if just in case this is required.
We are buying a detached bungalow in Burwell. The intention is to carry out a loft conversion at the house.Will the conveyancing process include enquiries to determine if these works are permitted?
Your property lawyer should review the deeds as conveyancing in Burwell will sometimes reveal restrictions in the title deeds which prohibit categories of alterations or need the permission of another owner. Some additions require local authority planning permissions and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be wise to check these issues with a surveyor ahead of any purchase.
Co-operative have agreed my home loan in principle, my bid on a property in Burwell has been agreed to, what are the next steps?
The property agent will want to know who your solicitors are (ensure that the solicitors are on the lender’s panel). Call up Co-operative or your financial adviser and finish off any relevant documentation. Co-operative will appoint a valuer who will get in touch with the selling agent or vendor to schedule an appointment. Once carried out (assuming no problems) it takes approximately a fortnight for the mortgage offer to be issued. Co-operative will send the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Burwell.
Our offer on a detached house in Burwell has been agreed to, but there is a chain. The sellers have placed an offer on a property, but it’s not been accepted yet, and have viewings of other flats booked. I have chosen a bricks and mortar conveyancing solicitor in Burwell. What do I do now? When should I get the mortgage application with Skipton started?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is in the region of one thousand pounds, then survey, Burwell conveyancing search fees, etc). First, you should check that your conveyancer is on the Skipton approved list. Regarding the next phase this very much depends on the circumstances of your transaction, attraction to the property and on the state of the market. During a rising market many home buyers would apply for the mortgage with Skipton and pay for the valuation and only if it was satisfactory would they request their property lawyer to move forward with searches.
Am I right to be wary about brokers that I am dealing with are suggesting a nationwide conveyancing firm rather than a local Burwell conveyancing company?
As is the case with lots of service providers, often input from connections can be worth their weight in gold. But there are many parties with a keen interest in a conveyancing deal; estate agents, financial adviser and banks may put forward solicitors to retain. Sometimes these lawyers might be known to one of the organisations as one of the best in their field, but occasionally there might be a financial incentive behind the endorsement. You are free to select your preferred lawyer. Don't forget that some banks specify a panel list of solicitors you are obliged to use for the lender aspect of your home move.
As co-executor for the will of my uncle I am disposing of a property in Monmouth but I am based in Burwell. My solicitor (based 200 kilometers from meneeds me to sign a stat dec ahead of completion. Can you recommend a conveyancing practitioner in Burwell to attest this legal document for me?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are Burwell based