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Find a Abridge Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Abridge? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Abridge conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in Abridge

I purchased a freehold property in Abridge but nevertheless charged rent, why is this and what is this?

It’s unusual for properties in Abridge and has limited impact for conveyancing in Abridge 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 creation of fresh rentcharges post 1977.

Old 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 dispensed with completely.

My uncle passed away last year and as sole heir and executor I was left the house in Abridge. The house had a relatively small loan left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Leeds Building Society, pay off the mortgage. Is this possible?

If you intend to re-mortgage then Leeds Building Society will insist on your using a conveyancer on the Leeds Building Society 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 Leeds Building Society 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 Leeds Building Society mortgage is registered as a charge at the Land Registry.

I'm buying my first flat in Abridge with a loan from National Westminster Bank. The builders would not move on the price so I negotiated £7000 of additionals instead. The estate agent told me not reveal to my solicitor about this side-deal as it will impact my loan with National Westminster Bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

What makes your site different to other web based conveyancing solicitors when it comes to conveyancing in Abridge?

At this site obtain an accurate costs illustration via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Abridge. Unlike many estate agents and many comparison sites we do not operate commission arrangements with solicitors. A large number of agents and online brokers 'recommend' solicitors who pay the most per referral, not the best value conveyancing in Abridge

After months of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Abridge. Can we issue an application to the Residential Property Tribunal Service?

if there is a missing landlord or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to judgment on the amount due.

An example of a Freehold Enfranchisement case for a Abridge residence is 201 & 201a St. Barnabas Road in October 2013. The Tribunal decided that the price to be paid by the Applicants for the freehold interest is £20,071. This case affected 2 flats. The unexpired term as at the valuation date was 69.26 years.

When it comes to leasehold conveyancing in Abridge what are the most common lease defects?

There is nothing unique about leasehold conveyancing in Abridge. All leases are individual and drafting errors can result in certain clauses are not included. The following missing provisions could result in a defective lease:

    A duty to insure the building

You could encounter difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. National Westminster Bank, Coventry Building Society, and Britannia all have very detailed conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to provide security, forcing the buyer to pull out.

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Find out more about how flying freehold can affect your the value of a property.