I was recommended to a conveyancer who has given a fee calculation of £1200 for no sale no fee conveyancing in Camborne. I am hoping to sell a newly refurbished property for £150,000. This sounds expensive. Is it above the average fee for conveyancing in Camborne?
The estimate does seem a tad steep. If you shop around you may be able to decrease the fees marginally by as much as £125. That being said, you maylive to regret choosing an an untested lawyer. If is important to be sure that the solicitor can also act for your bank. Do employ our comparison tool to select a Camborne conveyancing firm on the banks member panel which can often include conveyancing solicitors in Camborne.
I own a freehold house in Camborne but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Camborne and has limited impact for conveyancing in Camborne 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 hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh 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 am selling my flat in Camborne. Will my lawyer need to be on the RBS conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the RBS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently at the moment.
We are close to exchanging contracts on the sale of our house in Camborne and according to the buyers it appears that there is a risk of it being built on contaminated land. A high street Camborne lawyer would know this is not the case. It does beg the question why the buyers are using a national conveyancing firm rather than a conveyancing solicitor in Camborne. Having lived in Camborne for three years we know of no issue. Should we contact our local Authority to get confirmation that there is no issue.
It would appear that you have a conveyancing lawyer currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
Over the last few months I have been searching for a ground for flat up to £305k and found one near me in Camborne I like with a park and railway links in the vicinity, however it only has 51 years unexpired on the lease. I can't really find anything else in Camborne for this price, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a home loan the shortness of the lease will be problematic. Discount the price by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least twenty four months you can ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
We are about to acquiring a house in Camborne. Conveyancing is not over but we would like keep the amount we are are buying for confidential from sites such as Zoopla. How could this be achieved ?
The Land Registry are legally required to disclose price paid information on a register of the title for residential properties nationwide which includes premises in Camborne. The Title Register is a public document, so HM Land Registry would be breaking the law if they did not grant access to the register.
You can ask HM Land Registry to withhold the price paid entry but the answer would be a No.