Me and my wife are purchasing our first home. Our solicitor has calledto see if we wish to purchase supplemental conveyancing searches. We are really unsure what's needed for conveyancing in Shepperton
The scope of Shepperton conveyancing searches should be dictated primarily on the property, the location, the probability of any of these risks, your knowledge of the area and risks, your overall approach to risk. What matters is that you adequately appreciate what information each search could provide. You may then make a decision if you personally think you need that information. If unsure, ask your conveyancing practitioner to offer guidance.
I purchased a freehold premises in Shepperton yet charged rent, why is this and what is this?
It is rare for properties in Shepperton and has limited impact for conveyancing in Shepperton 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 generation of fresh 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 post 2037 will be dispensed with completely.
Me and my partner are buying a apartment in Shepperton. It might be a silly question but how we can trust a solicitor? On the day of competition we will need to deposit funds into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Is it the case that all Shepperton conveyancing solicitors on the Nottingham conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Nottingham conveyancing panel they would need to be overseen by the SRA. Some banks do permit licenced conveyancers on their panel in which case such firms would be overseen by the Council of Licensed Conveyancers.
I recently had an offer agreed on a house in Shepperton. My financial adviser pressured me to appoint their property lawyer. I paid an on account payment of £175. Not long after, the lawyer contacted me sheepishly admitting that they were not on the Aldermore conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Aldermore panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I know that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when buying a property in Shepperton? or Apparently there is historic law that means some house owners residing in a parish church boundary may be liable to contribute towards maintenance to the chancel within the church. Is this appropriate for conveyancing in Shepperton?
Unless a previous acquisition of the house completed post 12 October 2013 you could take it that lawyers carrying out conveyancing in Shepperton to remain recommending a chancel search and or insurance against a claim.
I have been recommended a conveyancing solicitor in Shepperton. I I would like to check if they are on the bank's approved list of lawyers. Can you help?
It’s a good idea phone your solicitor to check if they are on the bank's panel. If that does not help get in touch with us and we can make some checks for you. Should the firm not be on the bank panel we we can help find a quality conveyancing solicitor in Shepperton on the approved list for your lender.