I am in need of a conveyancer. Do I opt for a national conveyancer or a high street Kirby Muxloe conveyancing solicitor?

Existing third party relationships are another important factor to consider when appointing conveyancing lawyers. Kirby Muxloe conveyancers benefit from long term relationships with lenders and agents, local authorities, valuers and other law firms meaning you will move in shortest possible time. Having a well rounded insight into the local area is also a plus .

I am the registered owner of a freehold residence in Kirby Muxloe yet charged rent, why is this and what is this?

It is rare for properties in Kirby Muxloe and has limited impact for conveyancing in Kirby Muxloe 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 fresh rentcharges post 1977.

Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.

How does conveyancing in Kirby Muxloe differ for new build properties?

Most buyers of new build property in Kirby Muxloe come to us having been asked by the seller to exchange contracts and commit to the purchase even before the property is finished. This is because new home sellers in Kirby Muxloe usually buy the real estate, 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 conveyancers 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 Kirby Muxloe or who has acted in the same development.