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

It’s unusual for properties in Teignmouth and has limited impact for conveyancing in Teignmouth 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 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 dispensed with completely.

How does conveyancing in Teignmouth differ for new build properties?

Most buyers of new build property in Teignmouth approach us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is constructed. This is because developers in Teignmouth typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Teignmouth or who has acted in the same development.

I am selling my property. My past solicitors have shut. I am in need of a recommendation of a conveyancing firm. I happen to live in Teignmouth if that makes things easier.

Please use our search tool to help you choose a solicitor for your conveyancing in Teignmouth. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.

In my capacity as executor for the estate of my grandmother I am disposing of a residence in Neath but reside in Teignmouth. My lawyer (based 250 miles from merequires that I execute a statutory declaration before completion. Could you suggest a conveyancing lawyer in Teignmouth to attest and place their company stamp on the document?

strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are located in Teignmouth

Some months ago I was advised by my bank that their panel conveyancers work on no completion no charge basis for conveyancing in Teignmouth. Our purchase fell through nevertheless the solicitors have invoiced for search fees! They are stating that the fees are nothing to do with their fees!

in promising "no sale no fee" Teignmouth conveyancing firms are writing off their fees for any work carried out. We should point out that this does not constitute an insurance scheme. you will still be expected to cover any disbursements that the conveyancing practitioner has outlayed on your behalf for example Teignmouth local authority searches