Do the conveyancing practitioners listed on your site handle right to buy conveyancing in Warkworth?
We have identified a variety of conveyancing lawyers who can conduct right to buy conveyancing You should contact us in order to get a conveyancing quote.
I own a freehold residence in Warkworth yet pay rent, why is this and what is this?
It is rare for properties in Warkworth and has limited impact for conveyancing in Warkworth 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 post 1977.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.
I'm purchasing my first flat in Warkworth with a loan from Platform Home Loans Ltd. The sellers would not budge the price so I negotiated £7000 of fixtures and fittings instead. The property agent told me not to tell my lawyer about the deal as it may affect my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Is it possible to change firm as I need to find one who is on the Platform Home Loans Ltd conveyancing list. I had appointed a local conveyancing solicitor in Warkworth round the corner but he is not approved by Platform Home Loans Ltd
It would be our pleasure to help you select a conveyancing solicitor in Warkworth on the Platform Home Loans Ltd panel. Please note that the property lawyers that we on the directory do not pay us a referral fee if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in Warkworth. In making use of the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Warkworth.
What is the reason for my lawyer requiring a list of items of ID ahead of starting selling or buying a property in Warkworth?
Warkworth conveyancers are required by the Law Society, SRA, the Land Registry and current Money Laundering Regulations to record that the have verified the identity of their clients. It is also sometimes a requirement of your mortgage offer. In addition they have to complete various forms, particularly those relating to Land Tax and need to have information such as your full names, national insurance number and DOB.