I own a freehold residence in Llandaff North but still invoiced for rent, why is this and what is this?

It is rare for properties in Llandaff North and has limited impact for conveyancing in Llandaff North 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 many centuries, but the Rent Charge Act 1977 barred the creation of new 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 in 2037 is to be extinguished.

I require quick conveyancing in Llandaff North as I am under a deadline to exchange contracts within one month. Luckily I do not need a mortgage. Can I avoid the conveyancing searches to save fees and time?

As you are are a mortgage free purchaser you are at liberty not to have searches carried out although no law firm would suggest that you don't. Drawing on years of experience of conveyancing in Llandaff North the following are instances of what can crop up and therefore impact the marketability of the property: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Unadopted Roads,...

I opted to have a survey done on a property in Llandaff North in advance of retaining solicitors. I have been told that there is a flying freehold element to the house. My surveyor has said that some mortgage companies may refuse to give a loan on this type of house.

It varies from the lender to lender. Santander has different instructions for example to Nationwide. If you e-mail us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Llandaff North. Conveyancing may be slightly more expensive based on your lender's requirements.

I am selling my home. My past lawyers closed down. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Llandaff North if that makes things easier.

Do use our search tool to help you find a solicitor for your conveyancing in Llandaff North. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.

Harry (my fiance) and I may need to let out our Llandaff North ground floor flat for a while due to taking a sabbatical. We instructed a Llandaff North conveyancing practice in 2002 but they have since shut and we did not have the foresight to get any advice as to whether the lease permits subletting. How do we find out?

Some leases for properties in Llandaff North do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord is not entitled to unreasonably withhold but, in such cases, they would need to see references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.

Llandaff North Conveyancing for Leasehold Flats - Examples of Questions you should consider before Purchasing

If a Llandaff North lease has no more than eighty years it will have adverse implications on the marketability of the property. It is worth checking with your lender that they are willing to go ahead with the loan given the lease term. A short lease means that you will probably have to extend the lease at some point and you need to have some idea of what this would cost. Remember, in most cases you will be be obliged to have owned the property for 24 months in order to be entitled to extend the lease. Be sure to discover if the the lease contains any adverse restrictions in the lease. For example plenty of leases prohibit pets being permitted in certain buildings in Llandaff North. If you like the propertyin Llandaff North however your cat can’t make the move with you then you will be presented with a difficult determination.