The Nottinghamshire conveyancing firm handling our Nottinghamshire conveyancing has identified an inconsistency between the information in the valuation report and what is revealed within the title deeds. My solicitor has advised that he must ensure that the lender is OK with this discrepancy and is still content to lend. Is my conveyancer’s course or action legitimate?

Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.

I own a freehold residence in Nottinghamshire but still pay rent, why is this and what is this?

It is rare for properties in Nottinghamshire and has limited impact for conveyancing in Nottinghamshire 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 date back hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.

Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.

Have purchased a a semi-detached house in Nottinghamshire , What is the estimated time for the Land Registry to record my proprietorship? My Nottinghamshire conveyancing solicitor has been very slow, so I want to check the land registry aspects are concluded.

There is nothing unique when it comes to conveyancing in Nottinghamshire registration formalities. As opposed to being determined by geographic area, timescales can differ depending on who lodges the application, whether there are errors and if the Land registry need to notify any third parties. At present in the region of 80% of such applications are fully addressed in less than three weeks but some can be subject to longer delays. Registration occurs once the buyer is living at the premises therefore an expedited registration is not always an essential issue but where it is urgent that the the registration takes place urgently then you or your lawyers should contact the land registry and explain the circumstances.

I am purchasing my first flat in Nottinghamshire with a loan from Chelsea Building Society. The sellers refused to budge the price so I negotiated 6k of extras instead. The property agent told me not inform my solicitor about the extras as it will affect my loan with Chelsea Building Society. Should I keep quiet?.

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.

Do online conveyancing organisations do everything a local Nottinghamshire solicitor does or do I still need to use a solicitor for the final stages for my conveyancing in Nottinghamshire?

Where you use an online conveyancer they will cover all the tasks your Nottinghamshire conveyancer would cover.