Are you able to recommend a Skipton Building Society approved Hedon conveyancing firm who can have us moved in within under 3 weeks? Would it be better to use a local Hedon firm or a factory type firm?
We can recommend some very good Hedon conveyancing firms. Another option is to visit the main road in Hedon. Visit two or three firms and request to speak with a conveyancing solicitor for a costs illustration. Explain your expectations together with your reasons and get a commitment on speed. Appoint the one that you are most comfortable with.
I am the registered owner of a freehold residence in Hedon but still pay rent, why is this and what is this?
It is rare for properties in Hedon and has limited impact for conveyancing in Hedon 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 one off payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.
I have 70 years remaining on my lease and need a lease extension for my apartment in Hedon. Conveyancing solicitors on the Accord Mortgages panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 16/2/2019 the requirements read as follows :
I'm refinancing my existing home to a BTL mortgage with Norwich and Peterborough Building Society and I will use the rest of the raised equity towards further property. The location we are looking at is Hedon. Will your conveyancers be able to act for the two mortgage companies and tie in the transactions?
Do use our comparison tool on this page to ensure that the lawyers are on the relevant lender panels. Having checked that they are the solicitor should be able to connect the two deals but you should have a chat with you conveyancer and communicate your desired outcome and requirements.
When it comes to my conveyancing in Hedon should I be paying VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Hedon conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the property lawyer's time in submitting the funds this way.