I can't travel far from Skellingthorpe. What is the rationale as to why all Skellingthorpe are not on all mortgage company panels?

As unjust as it may appear for banks to restrict who can act for them, from the public’s or solicitor’s perspective, the flip side is that lending institutions are increasingly anxious and regard it imperative to protect them against illegal activities. As a consequence of this concern lenders are limiting their panel of approved conveyancing lawyers to a size that they are happy to control.

I purchased a freehold residence in Skellingthorpe but nevertheless pay rent, why is this and what is this?

It is rare for properties in Skellingthorpe and has limited impact for conveyancing in Skellingthorpe 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 new rentcharges post 1977.

Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.

My friend suggested that if I am purchasing in Skellingthorpe I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

A search of this type is usually quoted for as part of the standard Skellingthorpe conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Skellingthorpe around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Skellingthorpe Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful data about Skellingthorpe.

I have todayfound out that Action Conveyancing have closed. They conducted my conveyancing in Skellingthorpe for a purchase of a freehold house 9 months ago. How can I be sure that my home is not still registered in the name of the former proprietor?

The easiest way to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Skellingthorpe conveyancing specialists.

How does conveyancing in Skellingthorpe differ for newly converted properties?

Most buyers of new build residence in Skellingthorpe approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is constructed. This is because house builders in Skellingthorpe usually acquire the land, 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 conveyancing solicitors 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 Skellingthorpe or who has acted in the same development.