I purchased a freehold residence in Crowborough yet pay rent, why is this and what is this?
It is rare for properties in Crowborough and has limited impact for conveyancing in Crowborough 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 generation of new rentcharges post 1977.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
What is the difference between a licensed conveyancer and conveyancing solicitor in Crowborough
Two types of professional can conduct conveyancing in Crowborough namely CLC regulated conveyancers or solicitors. Both professionals provide the legal services that you need to complete the sale or acquisition of property. Both are duty bound to carry out Crowborough conveyancing on similar standards and guidelines so you can be safe in the knowledge that your conveyancing will be professionally conducted and that all necessary steps should be correctly adhered to.
A relative informed me that in buying a property in Crowborough there may be various restrictions affecting the ability to carry out external alterations to the property. Is this right?
We are aware of a number of properties in Crowborough which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Crowborough should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Can you point me to a directory of TSB panel solicitors in Crowborough on the Building Society Association’s Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. A small selection of lenders make their panel listings viewable over the internet. If you are in need of a Crowborough solicitor on the TSB please use our tool.
I'm purchasing my first flat in Crowborough with a loan from Clydesdale. The sellers refused to reduce the price so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not to tell my conveyancer about the side-deal as it could adversely affect my loan with the 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.
Given that I am about to part with hundreds of thousands of pounds on a two bedroom apartment in Crowborough I would like to have a conversation with the lawyer about myconveyancing prior to giving the go ahead to the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you speaking to the conveyancer who will be conducting your conveyancing in Crowborough.There is no ‘factory style conveyancing’ - each client is unique person, not a matter number. The law firms that we put you in touch with believe that the figure you are provided with for residential conveyancing in Crowborough should be the amount on the final invoice that you end up paying.
A couple of weeks ago I was advised by my lender that their approved conveyancers operate no completion no charge basis for conveyancing in Crowborough. My purchase did not proceed yet the solicitors have invoiced for search fees! They say the fees are independent!
Crowborough conveyancing search fees are disbursements not legal fees as these are paid to a third party.