I purchased a freehold premises in West Bridgford but still pay rent, why is this and what is this?
It’s unusual for properties in West Bridgford and has limited impact for conveyancing in West Bridgford 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 redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
Do the Building Society Association intend to launch a online directory to list law firms on the Earl Shilton BS conveyancing panel for example in West Bridgford?
We have not been informed any intention on the part of the BSA to promote such a register.
Forgive me if this question is silly but I am unexperienced as a 1st time buyer of a ground floor flat in West Bridgford. Do I receive the keys to the premises on completion from my lawyer? If so, I will use a local conveyancing solicitor in West Bridgford?
On the day of completion you will not be required to go to the conveyancers office in West Bridgford. Your solicitors will electronically transfer the completion advance to the vendor’s solicitors, and once they have received this, you will be able to receive the keys from the Estate Agents and start moving into the property. This tends to happen early afternoon.
We had selected conveyancers based in West Bridgford on the Co-operative solicitor approved list. They have just billed me a further charge for handling the Co-operative mortgage. Is this an additional conveyancing fee specified by Co-operative?
As unfair as it may appear, as long as it’s in their Terms of Engagement or estimate then yes your lawyer may charge a fee for this. The charge is not dictated by Co-operative but by your West Bridgford lawyer. Some firms on the Co-operative panel will charge ’dealing with mortgage’ fee and others do not.
Can I be sure that the West Bridgford conveyancing solicitor on the Yorkshire BS panel is any good?
When it comes to conveyancing in West Bridgford getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the lawyer handling your conveyancing.
four months have elapsed since my purchase conveyancing in West Bridgford took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
In sourcing the internet for the words on line conveyancing in West Bridgford it shows results of many property lawyersin the vicinity. How do I determine which is the suitable property lawyer for the sale of my house?
The preferential way of seeking a suitable conveyancer is through a personal testimonial, so ask friends and family who have purchased a property in West Bridgford or a respected estate agent or financial adviser. Charges for conveyancing in West Bridgford differ, so it's sensible to request a minimum of four fee estimates from different companies. Be sure to obtain confirmation what costs in the quote includes.