We were about to instruct a conveyancing solicitor in Welling endorsed using your search tool but have come across some other fee calculations via the web look less pricey – why is this?
One can find plenty of conveyancing organisations advertising self styled cheap conveyancing, unfortunately it’s common in such cases for extracharges end up with the completion invoice being escalated. Conveyancers are obliged to make sure that fees outlined in terms of business should be equitable raised The solicitors that we put forward for conveyancing in Welling specify all costs for the property you plan topurchase.
I am the registered owner of a freehold property in Welling but nevertheless pay rent, why is this and what is this?
It is rare for properties in Welling and has limited impact for conveyancing in Welling 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 new 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.
What can a local search inform me concerning the property I am buying in Welling?
Welling conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search organisations such as Searches UK The local search is essential in every Welling conveyancing purchase; that is if you wish to avoid any unpleasant once you have moved into your new home. The search should provide information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a quick, no chain conveyancing. Welling is the location of the property. Can you offer any assistance?
Flying freeholds in Welling are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Welling you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Welling may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Myself and my husband have just had an offer accepted on a flat and had meeting on Tuesday with the Post Office for the mortgage. They advised us that when it comes to choosing a conveyancer that if they are not on their approved list of solicitors then we will incur an extra fee of about two hundred pounds. This is is due to the fact that they would then have to select a solicitor to act on their behalf in addition to the one we select on our behalf and we will be on the hook for their invoice. I have asked the Post Office to provide me with a list so I can seek quotes only from their approved conveyancers but was told that I need to check with each individual lawyer to see if they are on the panel. Is their an easier way of going about this?
Ask the Post Office what their panel criteria is for a solicitor.Thereafter ask the solicitor of your choice whether they fit that criteria and have they acted on loans for the Post Office in the past. If the answer to those is yes, then just double check with the Post Office. Another option is to use our search facility and we should be able to identify a property lawyer in Welling on the approved list for the Post Office.