I was advised today by my lender that my Kingston upon Thames solicitor is not on the mortgage company Conveyancing panel. What can I do to be certain if this is indeed the case?
The first thing you need to do is to call your Kingston upon Thames lawyer directly. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they may recommend you to a Kingston upon Thames conveyancing firm that is on the conveyancing panel for your lender.
I purchased a freehold residence in Kingston upon Thames but nevertheless charged rent, why is this and what is this?
It’s unusual for properties in Kingston upon Thames and has limited impact for conveyancing in Kingston upon Thames 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 establishment of new rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.
Due to the advice of my in-laws I had a survey completed on a property in Kingston upon Thames before appointing conveyancers. I have been advised that there is a flying freehold aspect to the house. Our surveyor advised that some mortgage companies will not issue a mortgage on a flying freehold premises.
It varies from the lender to lender. Lloyds has different requirements for example to Birmingham Midshires. If you call us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Kingston upon Thames. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Kingston upon Thames to see if the conveyancing will be more expensive.
What tools are available to identify a Kingston upon Thames law firm on the TSB conveyancing panel? I am a keen cyclist and am willing to travel upto 20kilometers to meet the lawyer.
Feel free to make use of the search on this website. Please select a lender and your location and you will see a number of Kingston upon Thames conveyancing lawyers located nearest you. We have detailed some Kingston upon Thames conveyancing firms towards the end of this page and you can ring them to check whether they are on the TSB panel
At long last our conveyancing in Kingston upon Thames is set to complete on Friday, however the people I am purchasing from wants to move out on the Saturday afternoon. Do I agree to such a idea?
You can't complete on a Saturday due to the bank systems aren't operational.