Can the conveyancing practitioners revealed through your ’find a lawyer’ app carry out right to buy conveyancing in Witney?
We do have a variety of conveyancing practitioners carrying out right to buy transactions You should get in touch with the solicitors listed with a view to secure a conveyancing quote.
I purchased a freehold house in Witney but still invoiced for rent, why is this and what is this?
It is rare for properties in Witney and has limited impact for conveyancing in Witney 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 establishment 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 in 2037 is to be dispensed with completely.
I just acquired a flat at auction in Witney. Conveyancing is needed. What happens now?
Given that you are now legally bound yourself to purchase you now have to hire the services of a conveyancing practitioner quickly as you will have a fast approaching a fixed date to complete the property. All auction property will ordinarily have an associated legal pack. This will include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold premises the conveyancing pack may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to a leasehold property. You need to pass this on to your appointed conveyancing solicitor as soon as possible. Do make sure that that you have the requisite funding in place to complete on the on the contractual date .
I'm the single recipient of my late father’s will with all property in now in my sole name, including the house in Witney. Conveyancing formalities meant that the Land Registry date was in January. I now wish to sell up. I understand that there is a Mortgage Lenders six month 'rule', which means that my property ownership may be regarded the same way as though I had purchased the house in January. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. Most lenders would take a practical view as this provision is primarily there to pick up on subsales or the wholesaling and assigning of property.
Leeds Building Society have agreed my home loan in principle, my offer on a property in Witney has been accepted, now what?
The property agent will need to know who your solicitors are (make sure the lawyers are on the bank’s panel). Telephone Leeds Building Society or your broker and finish off any appropriate forms. Leeds Building Society will sellect a valuer who will get in contact with the selling agent or owners to book a time for the valuation to happen. Once conducted (assuming no problems) it takes approximately a week for the mortgage offer to be issued. Leeds Building Society will send the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Witney.
I am looking for a flat up to £305k and identified one close by in Witney I like with amenity areas and railway links in the vicinity, however it's only got 52 remaining years left on the lease. I can't really find anything else in Witney for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a mortgage that many years will be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
I am downsizing from my property. My former lawyers closed down. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Witney if that affects matters.
Do use our search tool to help you find a solicitor for your conveyancing in Witney. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.