I am the registered owner of a freehold premises in Camberwell but nevertheless charged rent, why is this and what is this?
It is rare for properties in Camberwell and has limited impact for conveyancing in Camberwell 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 creation 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 is to be dispensed with completely.
My colleague suggested that where I am buying in Camberwell I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes quoted for as part of the standard Camberwell conveyancing searches. It is a large document of about 40 pages, listing and setting out significant information about Camberwell around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Camberwell Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Camberwell Education with plans and statistics, Local Amenities and other useful information regarding Camberwell.
Should I be wary that 3rd parties that I am dealing with are suggesting an online conveyancing firm as opposed to a local Camberwell conveyancing practice?
As is the case with many service providers, often recommendations from relatives can be extremely useful or valuable. Yet there are numerous people with a keen interest in a conveyancing matter; estate agents, financial adviser and mortgage companies may recommend conveyancers to instruct. On occasion these conveyancers might be known to one of the organisations as being good in their field, but sometimes there is an underlying commercial relationship behind the endorsement. You have the discretion to choose your own lawyer. Don't forget that the majority of lenders have an approved list of conveyancers you are obliged to use for the mortgage related work in your transaction.
We are a fortnight into a freehold purchase having been referred to solicitors by the estate agent to carry out the conveyancing in Camberwell. I am am very disappointed with the level of service. Could you you assist me in finding new solicitors?
They would need to be very poor in order to consider replacing them. Has your loan offer been sent? If so you must advise them of the new solicitor and have the loan are re-issued. The solicitor ideally needs to be on the mortgage company panel to avoid added charges and complications. So that should be your first question of the new lawyers. Our find a solicitor tool should help you find a bank approved solicitor for your home move in Camberwell
I see that you have a search directory identifying firms on the lender conveyancing panel. Do Camberwell conveyancing firms pay you a commission if I appoint them for my house purchase?
We are a listing service only for law firms wishing to communicate if they are on the bank conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Camberwell.