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www.rapidmove.com SITE MAP

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RSS feeds from http://www.rapidmove.com

http://www.rapidmove.com has a free RSS feed available for updates made on this area of the website

You can use this RSS (Really Simple Syndication) feeds to keep you up to date with the latest CBS Alumni News Updates.

How do I access RSS from http://www.rapidmove.com?

If you’re not sure what you need to do to be able to access these feeds - all you need is to install a news reader or news aggregator.

This is a software programme that can automatically check for headline updates from http://www.rapidmove.com and give you the links to the full copy on the site.

What is RssReader?

RssReader is a program to read RSS and Atom news feeds.

RssReader collects news in the background whilst you are using your PC and you can configure the time intervals between checks. You can also set the Reader to alert you that a new update is available. You can Click the news headline to see a short description of the news and Click or open the original news web page in an RssReader browser or default browser window.

Many news and web log (or BLOG) sites support RSS by adding pictograms "RSS" or "XML" to their web pages.

RssReader support RSS versions 0.9x, 1.0 and 2.0 and Atom 0.1, 0.2 and 0.3. running under Windows 98/NT/Me/2000/XP/2003.

RssReader is FREEWARE, which means that you can freely copy the original installation package without any modifications and give it away to all of your friends.

How do I get RssReader?

Follow the link to download the reader: http://www.rssreader.com/download.htm

How do I sign up?

After successfully downloading the Reader, Click on Add on the reader toolbar and copy and paste the web address (url) link into the reader address bar. The web address is http://www.rapidmove.com/rss/rss.asp

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Glossary

Building Regulations

Building Control office issues Certificates to say how you must build a particular alteration or addition to your property to comply with health, safety and good building practice. Differs from Planning Permission and you should always check whether Building Regulations approval is required even where Planning Permission is not.

Buildings Insurance

A policy of Insurance to cover the structure of a property. Usual risks cover rebuilding, site clearance and architects fees in the event of damage to the property due to fire, flood, storm, and subsidence. If you are obtaining funding to buy a property your Lender will often provide a quotation which you can accept or you may choose to shop around for a more competitive or more detailed quotation.
Speak to us for recommendations to Independent Financial Advisors who are able to quote for Buildings and Contents insurance

Chain

Describes a matter where more than two parties ie Seller and Buyer are involved. (for example, A sells to B, B sells to C and C sells to D). Usually each link in the chain needs to reach a stage where they are ready to exchange and all parties commit themselves on the same day.

Charge

Usually a legal charge or mortgage. This document sets out or refers to the terms agreed between you and your Lender and is how the money you borrow is secured against the property or if a re-mortgage against your existing property.

Completion

This is the happy day when the parties physically move home and money, keys and deeds change hands. Check with your solicitor or conveyancer as to what terms will apply as to the time you need to vacate your property and how keys are to be collected on this day. The new property becomes yours!

Contents Insurance

Can be arranged with your Buildings Insurance or separately and covers your furniture fittings and soft furnishings. Ensure you take advice and cover your contents for the correct figure which is often a lot more than you might think! Contact us if you want to speak to an independent adviser who can assist you

Contract

Legal Agreement between Seller and Buyer. Sets out terms including price, description of property, any special conditions or matters defining the deal. Prepared in duplicate with each party ultimately signing their part ready for exchange of Contracts.

Conveyancing

This term relates to the sale, purchase, transfer or re-mortgage of property and is usually carried out by a Solicitor, Legal Executive or Licensed Conveyancer. All of whom are legally qualified to conduct the work on your behalf. Contact us for a recommendation to one of our panel of quality legal firms

Deposit

Every contract in England and Wales provides for payment by the Buyer of a 10% deposit based on the sale price. You may be able to negotiate down the percentage that you pay on exchange but this is the Buyers “consideration” required by the contract. For example, if you are obtaining more than 90% on mortgage you will usually only need to provide the difference between the mortgage money and the purchase price. Do not assume that you will be able to exchange contracts without a deposit and speak to your conveyancer early to discuss what will be likely in your circumstances.

Energy Performance Certificate

This is a new document which from August 2007 will be one of the first items in your Home Information Pack. Similar to the graph provided on white goods (fridges etc) it provides a rating for the energy efficiency of your property. Clearly, newer properties which have the benefit of cavity wall insulation, "A" rated appliances and double glazing for example may score more highly.
The Energy Inspector will also provide in the full report details of suggestions as to how you might improve the energy efficiency of your home and save on bills in the future.

Exchange of contracts

Once the Seller and Buyer have agreed terms and all enquiries and searches have been carried out and money is available to buy the property Contracts are signed by the respective parties and together with a deposit and agreed moving date the Contracts are “exchanged” – handed over or sent to the other party’s solicitors. The transaction from that date, and often a particular time where lawyers exchange by telephone, becomes legally binding on both the Seller and Buyer. Up until this time the job is “Subject to Contract” and either party may withdraw without penalty. This is the most important part of the transactions and our platinum HIP’s will enable parties to reach this stage much sooner. It is very important that you are fully aware of the contract terms and penalties before committing yourself to an exchange and you should discuss any concerns you have with your Solicitor or conveyancer.

First Time Buyer

Literally a person who has never owned a property before and is buying for the first time. There is no chain below this buyer but slightly longer credit checks usually apply and therefore issue of mortgage offer may take slightly longer where a buyer has no previous lending or credit history.

Freehold

Describes the best quality of title to land. You own absolutely the land and building on it unlimited in time and without having to pay for your use of it to a 3rd party.

Ground Rent

If you own a Leasehold property you will be required to pay an annual fee or “rent” to the Landlord or Agent for the ground or freehold land your property sits on

HIP Index

Again, exactly what it says, a list or index of items you will find in the following pages of your Home Information Pack.

Home Contents Form

Does what it says on the tin! The form is completed by the Sellers who tick boxes to indicate what items they are intending to leave at the property and those that they intend taking with them. It will include carpets, curtains, light fittings and garden items like sheds. This form needs to be accurate and if parties negotiate changes to this form it must be updated as soon as possible. This is because it may be attached to the Contract and on exchange it becomes binding as does the other terms of the contract - Be aware

Home Use Form

Replaces the old Property Information Form. The form details items like maintenance of boundaries and guarantees for works to the property. These are now only voluntary documents in the governments basic HIP. However,Rapidmove's Platinum HIP will provide a complete and concise pack of information and should negate the need for further enquiries. Buyers through their solicitors may have particular queries which they require details of before committing themselves to sign the contract. Ensure any enquiries are dealt with in writing and not verbally between the parties so that there is no confusion and that answers can be relied upon.

Land Register

All registered titles whether freehold or leasehold in England and Wales are recorded at various Land Registry offices throughout the Country. The register contains and guarantees details of the property including the address, the registered owners name and address any mortgages secured on the property and may also record rights and restrictions which affect the land. An ordnance survey plan showing the property or land will also be included. Each registered title has a specific title number identifying it.

Land Registry fee

Sliding scale based upon the purchase price of the property and payable to HM Land Registry to amend the register of titles and record your details. This guarantees your ownership of the property. Reduced fees relate to registering a new mortgage where you switch lender. Look out for new electronic transfer of titles on the day of completion currently being trialled by HMLR.

Lease

Legal document governing your use of a Leasehold Property. Will set out the term of years ie 99 and the amount of ground rent (and service charge if applicable) granted by the Lease. It will also contain conditions imposed both upon the Landlord and the Tenant for the term of the Lease. You should make sure that you particularly read the restrictions placed upon your occupation – not keeping pets for example – before you commit yourself to the Contract.

Leasehold

Where you own a flat or apartment but pay ground rent to a landlord the title is Leasehold. Up until recently with the introduction of Commonhold which is a type of Freehold ownership of flats, this is the most common type of title for maisonettes, flats and apartments. It can apply to houses in certain areas of the country. Your interest in the property is restricted to a term of years which can be 99, 125 or 999, all of which are considered good security by Lenders who are happy to lend money against them. It is very important though where you are taking over a property which is Leasehold that you find out as soon as possible what term of years remain as many lenders are reluctant to lend against anything with less than 50 years remaining. Unless the term can be extended by the present owner, this should be avoided as your ability to re-sell the property may be severely affected. Seek legal advice from your Solicitors or conveyancer.

Local Search

This form is submitted to the local authority and asks specific questions about the property and the area it is in. These cover road adoption, planning history, smoke control orders, charges against the property by the local authority and new road proposals usually within 250 metres. A local search is only as good as the day it is made on so if you have any queries about an area or proposals a trip to the Local Authority particularly the planning department is useful. You should also be aware that land or property in the immediate vicinity is not covered by the search as it relates purely to the address of the property the search is requested against.

Mining Search

If you live in or move to an area where coal mining was carried out your Lender will require a Mining Search to be carried out. The coal authority will confirm whether any coal exists in the area beneath the property and if any disused mine shafts are present or nearby and will also advise if problems with subsidence have been discovered. It will also disclose whether open cast mining is planned within half a mile of the property. Issues with subsidence will have an impact on your Building Insurance cover as details will need to be disclosed but it may also affect your desire to go ahead with the purchase.

Planning Permission

Planning Department of the local authority will tell you whether you can build the alteration or extension that you require and a formal application will need to be made.
Some property - dependant upon the restrictions in the area - may need Planning Permission for every alteration made to the property. You should always check with your Builder or Planning Department as failure to apply for an alteration which requires permission may mean that the local authority will serve a notice making you remove or alter it.

Property Information Questionnaire

This is the new HIP form which became a compulsory part of the pack from 6th April 2009. It contains questions about the property and its condition giving an overview to prospective buyers. This needs to be completed for the property to be marketed.

Re-Mortgage

Switching your Mortgage on an existing property to another Lender or product. Many Lenders provide fees free re-mortgage services, although you should be aware that the solicitors instructed by the Lender do not act on your behalf and in some cases you may need to take independent advice on the paperwork and documents which are sent to you.
Usually completed more swiftly than a purchase as limited searches of title are required.

Sale Statement

This is another new item which will appear in your Home Information Pack. It describes the type of property and its title for example Freehold Registered. This is a quick reference guide to what type of property you might be buying. It will also advise who is selling the property and whether it will be vacant on completion.

Stamp Duty Land Tax

Inland Revenue collect taxation on land values over a certain price threshold. This has recently been increased so the level where SDLT is payable is now over £125,000. Between £125,000 and £250,000 the duty is 1% of the purchase price. If the property is in an exempt area where regeneration is welcome to improve the area and its housing stock, no duty will be payable up to £150,000. Speak to your solicitor or conveyancer to check whether your property will attract SDLT or if it is in a disadvantaged area. You will need to quote the address and postal code.

NB Please note that the temporary budget arrangements announced on the 2nd September 2008 mean that until further notice the threshold where stamp duty is payable has been raised to 175,000.

Survey/Home Condition Report

If you are a Seller you can instruct a Home Condition Report (HCR) for your Home Information Pack (HIP). This is a detailed report on the condition of your property carried out by a Home Inspector. It usefully gives your home either a clean bill of health or might draw attention to matters which require attention. The report works on three conditions ranging from (3) matters which may affect the structure, fabric or value of the property if not attended to (2) matters which could affect the fabric of the property and should be attended to within 6 months and (1) cosmetic matters ie painting which do not affect the value. You can then decide whether to carry out the necessary work and market your property at an increased price also knowing that there will be no last minute problems which will come to light when the matter is at an advanced stage. Alternatively if you do not wish to attend to the works highlighted you could obtain estimates for the recommended works and reduce or adjust the sale price to take into account matters which the Buyers will later attend to.
If you are a Buyer and you are raising a mortgage to help you buy your property your Lender will carry out a valuation of the property. This is only for the Lenders benefit to assess whether the property is good security for their Loan. You cannot rely upon the content – nor should you – to draw your attention to detailed matters or problems. It is usually recommended that Buyers carry out their own Home Buyers Survey or Structural Survey depending on the age and condition of the property. You should consider this for example if the property is more than 15 years old, is an unusual property ie thatched or is a conversion like a barn. With HIP’s the Buyer may now be able to rely upon the contents of the Seller’s HCR where a platinum pack is available, thus checking the condition of the property before making a decision. If the HCR reveals matters which may be a problem or have not been addressed by the Seller, further investigations may be required.
Speak to us if you are unsure about how to proceed or we can recommend local Home Inspectors or Chartered Surveyors who will be able to assist you.

Telegraphic Transfer

Transmission of funds electronically via the bank's clearing system. Sometimes referred to as "CHAPS"

Transfer Deed

This document legally transfers the title to the property from the Seller to the Buyer, is dated with the completion date and submitted to the Land Registry to change the title to the property.

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Contact Information

Rapidmove Uk Limited, 38 Wentworth Drive, Whitestone, Nuneaton, Warwickshire, CV11 6LZ, United Kingdom

Tel: 024 76 348126
Fax: 024 76 348126
Email: sales@rapidmove.com

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