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Find a South Brent Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in South Brent? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your South Brent conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in South Brent

I purchased a freehold property in South Brent but still invoiced for rent, why is this and what is this?

It’s unusual for properties in South Brent and has limited impact for conveyancing in South Brent 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 hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.

Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.

I'm purchasing my first flat in South Brent with a loan from HSBC Bank. The sellers refused to move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative advised me not reveal to my solicitor about this side-deal as it may affect my mortgage with the bank. 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.

We're FTB’s - had an offer accepted, yet the selling agent told us that the owners will only issue a contract if we use their recommended lawyers as they want a ‘quick sale’. We would rather use a high street solicitor used to conveyancing in South Brent

It is highly unlikely the owners are behind this. Should the seller want ‘a quick sale', turning down a genuine purchaser is not the way to achieve this. Avoid the agents and go straight to the sellers and make the point that (a)you are genuine purchasers (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)but you intend to instruct your own,trusted South Brent conveyancing solicitors - rather thanthe ones that will earn the estate agent a commission or hit his conveyancing figures pre-set by HQ.

I've found a house that appears to be perfect, at a reasonable figure which is making it more attractive. I have since been informed that the title is leasehold rather than freehold. I am assuming that there are particular concerns buying a house with a leasehold title in South Brent. Conveyancing lawyers have are soon to be appointed. Will my lawyers set out the implications of buying a leasehold house in South Brent ?

Most houses in South Brent are freehold and not leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can help the conveyancing process. It is clear that you are purchasing in South Brent in which case you should be looking for a South Brent conveyancing practitioner and be sure that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a tenant you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example obtaining the freeholder’sconsent to conduct alterations. It may be necessary to pay a maintenance charge towards the maintenance of the communal areas where the property is located on an estate. Your conveyancer will advise you fully on all the issues.

South Brent Leasehold Conveyancing - Examples of Queries before Purchasing

    What is the the remaining lease term? How much is the ground rent and service charge? This question is important as a) areas may cause problems for the block as the communal areas may begin to deteriorate if repairs remain unpaid b) if the leasehold owners have a dispute with the managing agents you will want to know about it

The lawyers handling our conveyancing in South Brent has forwarded documents to review that show the property is unregistered with epitome documents. Surely all property in South Brent should be registered?

Whilst the vast majorities of properties in South Brent are now registered with HM Land Registry there are still a few that remain unregistered. Any property in South Brent that has been remortgaged since the late 1980’s will have been registered at the HMLR under the compulsory ‘first registration’ scheme. However, if a South Brent property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Many South Brent conveyancing practitioners will be familiar with such matters but if any uncertainty exists the prevailing recommendation these days seems to be for the seller’s conveyancer to register it first and subsequently sell - this this chain of events will result in a significant delay.

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Find out more about how flying freehold can affect your the value of a property.