I purchased a freehold property in Hampton yet invoiced for rent, why is this and what is this?
It is rare for properties in Hampton and has limited impact for conveyancing in Hampton 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.
I am buying a house and need a conveyancing solicitor in Hampton who is on the Lloyds TSB Bank solicitor. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Lloyds TSB Bank in certain locations such as Hampton. We dont recommend any particular firm.
My conveyancer has informed me that flying freehold insurance is required on my purchase. What is the level of cover for Hampton conveyancing?
The right level of flying freehold indemnity insurance depends on your lender. It would differ for example between Santander and Barnsley Building Society. Conveyancing solicitors as opposed to members of the public take out such insurances.
My fiancee and I are spending time looking at flats in Hampton and I am about to put in an offer. Is it advisable to have a conveyancing practitioner on ‘stand by’? I am planning to take a home loan with Yorkshire BS.
It would be advisable to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the estate agent. As you are obtaining a mortgage with Yorkshire BS, make sure you remember to check that your lawyer is on the Yorkshire BS conveyancing panel.
About to purchase maisonette in Hampton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the RBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Hampton conveyancing practitioner is on the RBS conveyancing panel.
My friend recommended that where I am purchasing in Hampton I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes included in the estimate for your Hampton conveyancing searches. It is not a small document of more than thirty pages, listing and detailing important information about Hampton around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information regarding Hampton.
I am using a search engine for the term cheap conveyancing in Hampton it brings up many property lawyersin the area. How do I determine which is the right solicitor for the sale of my house?
The best method of seeking a suitable conveyancer is via personal testimonial, so ask friends and family who have bought a property in Hampton or a respected estate agent or financial adviser. Fees for conveyancing in Hampton vary, so it's a good idea to secure at least three costs illustrations from different companies. Be sure to seek confirmation what costs in the quote includes.