I purchased a freehold house in Stalybridge yet invoiced for rent, why is this and what is this?

It’s unusual for properties in Stalybridge and has limited impact for conveyancing in Stalybridge 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 creation of fresh rentcharges from 1977 onwards.

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

My mortgage company has suggested a law firm on their panel based in Stalybridge but I would rather use a conveyancing lawyer in Stalybridge or nearer to where I live. Can you help?

The minority of Stalybridge conveyancing solicitors are on all lender’s conveyancing panel. Use the above search tool to identify a Stalybridge conveyancing firm on the on the lender panel.

I am helping my niece sell her flat in Stalybridge. Will the solicitor order the EPC or should I organise this?

After the demise of Home Information Packs, energy assessments was retained a required part of moving property. An energy performance certificate must be commissioned in advance of the property being advertised. It is not as aspect of the sale process that conveyancers normally arrange. If you are instructing a Stalybridge conveyancing lawyer they might help arrange energy assessments given their contacts with reputable Stalybridge assessors

My husband and I have arranged the release of further monies on our mortgage from Barclays as we intend to conduct a loft conversion to our house in Stalybridge. Are we obliged to appoint a bricks and mortar Stalybridge solicitor on the Barclays conveyancing panel to deal with the legals?

Barclays don't usually appoint firms on their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Barclays panel.

Yorkshire BS have agreed my home loan in principle, my offer on a flat in Stalybridge has been accepted, what happens next?

Your property agent will need to be advised as to your property lawyer's details (make sure the property lawyers are on the lender’s panel). Contact Yorkshire BS or the financial adviser and finalise any relevant documentation. Yorkshire BS will instruct a valuer who will get in touch with the estate agent or seller to arrange a slot for the valuation to happen. Once carried out (assuming no problems) it takes about ten days for the mortgage offer to be issued. Yorkshire BS will send the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Stalybridge.

I am purchasing a new build house in Stalybridge with a loan from Platform Home Loans Ltd. The builders would not budge the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent told me not reveal to my solicitor about this side-deal as it would adversely affect my mortgage with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder 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.

My uncle has encouraged me to instruct his conveyancers in Stalybridge. Do I take his advice?

There are no two ways about it the best way to select a conveyancing solicitor is to have feedback from friends or relatives who have actually used the conveyancer you're contemplating using.