I own a freehold house in Iver but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Iver and has limited impact for conveyancing in Iver 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 many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
How does conveyancing in Iver differ for new build properties?
Most buyers of new build or newly converted property in Iver come to us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is built. This is because house builders in Iver usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Iver or who has acted in the same development.
How simple is it to use your search app to locate a conveyancing practitioner in Iver on the authorised to act for my lender?
1st choose a mortgage company such as Santander, Coventry Building Society or Aldermore then type in your preferred area for example Iver. Conveyancing organisations in Iver and beyond will then be shown.
I am looking for a conveyancing solicitor in Iver for my house move. Can I check a solicitor's record with the profession’s regulator?
You may find documented Solicitor Regulator Association (SRA) determinations resulting from investigations started on or after 1 January 2008. Go to Check a solicitor's record. For records about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, use +44 (0)121 329 6800. The regulator sometimes recorded telephone calls for training requirements.
I'm purchasing a property in Iver. I can find my conveyancer's company on the Law Society's list, but I can't find my lawyer's name on the list. Is this a big problem?
Not every individual in the practice must be listed by the regulator. Provided there is someone qualified to 'oversee' the conveyancing, the actual day-to-day activity can be undertaken by unqualified staff.