I own a freehold residence in March yet charged rent, why is this and what is this?
It is rare for properties in March and has limited impact for conveyancing in March 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 redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
I am selling my apartment in March. Does my solicitor need to be required to be on the Clydesdale conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Clydesdale conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently currently.
My wife and I are purchasing a flat in March. I might seem paranoid but how we can trust a solicitor? On the day of competition we will need to send our life savings into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We are due to move property in January. Does my conveyancing solicitor call the removal company on the day of completion. As an aside, can you put forward a removal company in March. Conveyancing solicitor was organised prior to coming across this site.
On the day of completion you will need to collect the house keys from your property agent but this can only take place after the vendors lawyers inform the agent that they acknowledge receipt of the completion payment and the keys can be passed over. You can inform the removal men that you are ready to move in. As a matter of policy we do not suggest a specific removal company but can assist you in locating a residential property solicitor in March or a legal practice with expertise in conveyancing in March.
How can we know in advance if a March conveyancing solicitor on the Skipton panel is any good?
When it comes to conveyancing in March seeking recommendations is a sensible start. 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 which is cheap as chips. We would always advise that you speak with the lawyer handling your conveyancing.
Due to the input of my in-laws I had a survey completed on a house in March prior to instructing lawyers. I have been told that there is a flying freehold overhang to the property. Our surveyor has said that some banks will not issue a mortgage on such a premises.
It varies from the lender to lender. Santander has different requirements for example to Nationwide. If you contact us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in March. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in March to see if the conveyancing will be more expensive.
In my capacity as executor for the estate of my grandmother I am disposing of a house in Monmouth but I am based in March. My lawyer (approximately 200 miles from meneeds me to sign a stat dec ahead of completion. Can you recommend a conveyancing lawyer in March who can witness and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are March based