I require conveyancing for an apartment in a fairly new development (6 years built) in Ringmer. Almost all the appartments are already occupied. Do I need carry out the conveyancing searches as part of conveyancing in Ringmer?
You are taking a significant risk in refusing to carrying out Ringmer conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal requirement to have them, but we would absolutely advise in no uncertain terms that your solicitor conducts them. If timings and price are top of your concerns you should discuss with your lawyer about the options such as lack of search insurance available to you
I purchased a freehold premises in Ringmer yet invoiced for rent, why is this and what is this?
It’s unusual for properties in Ringmer and has limited impact for conveyancing in Ringmer 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 many centuries, but the Rent Charge Act 1977 barred the creation of fresh 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.
We're in Ringmer, First timers purchasing with a mortgage (lender is Virgin Money , and our solicitor is on the Virgin Money conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Virgin Money conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Is it simple use your search app to locate a conveyancing lawyer in Ringmer on the panel for my bank?
First pick a mortgage company such as National Westminster Bank, The Royal Bank of Scotland or Nottingham Building Society then choose your preferred area such as Ringmer. Conveyancing organisations in Ringmer and nationally should be identified.
My husband and I are new to the buying process - agreed a price, but the estate agent has warned us that the seller will only issue a contract if we use their recommended lawyers as they want a ‘quick sale’. Our preferred option is to instruct a high street solicitor who is familiar with conveyancing in Ringmer
It is improbable the sellers are driving this. If they desire ‘a quick sale', alienating a motivated purchaser is going to damage their objectives. Avoid the agents and go straight to the owners and make sure they comprehend that (a)you are motivated buyers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you intend to use your preferred Ringmer conveyancing lawyers - rather thanthe ones that will provide the negotiator at the agency a commission or meet his conveyancing figures pre-set by head office.