I purchased a freehold property in Feltwell but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Feltwell and has limited impact for conveyancing in Feltwell 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 creation of fresh rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
My relative advised me that where I am purchasing in Feltwell I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally quoted for as part of the standard Feltwell conveyancing searches. It is not a small document of about 40 pages, listing and detailing important information about Feltwell around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Feltwell Education with maps and statistics, Local Amenities and other useful data concerning Feltwell.
I used Wolstenholmes several years past for my conveyancing in Feltwell. Now, I need my documents but the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Feltwell of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Feltwell differ for newly converted properties?
Most buyers of new build premises in Feltwell approach us having been asked by the seller to exchange contracts and commit to the purchase even before the house is completed. This is because house builders in Feltwell tend to purchase the site, 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 accustomed to new build conveyancing in Feltwell or who has acted in the same development.
My husband and I are 14 days into a freehold purchase having been directed to solicitors by the selling agent to do our conveyancing in Feltwell. I am not happy. Can you you assist me in finding new solicitors?
They would have to be very bad in order to consider changing them. Has your mortgage offer been sent? In the event that it has you need to advise them of the replacement conveyancer and ensure the loan are re-sent. The conveyancer needs to be on the lenders approved list to avoid escalating fees and frustration. So that should be your starting point. The search tool can help you find a lender approved lawyer for your home move in Feltwell
Me and my wife are disposing of a Feltwell flat left to us 8 years ago in 2010. I have over a decades worth of conveyancing know-how and, although retired, wish to undertake my own conveyancing. The buyer's lawyer has informed me that their bank will not allow you to do your own conveyancing requiring the funds to be transferred to a solicitor's bank account.
Lending requirements to conveyancers from all mainstream lenders state that If the seller does not have legal representation the purchaser’s lawyers should check whether the mortgage company needs to be notified so that a decision can be made as to whether they are prepared to progress.