I purchased a freehold house in Middleton St George yet pay rent, why is this and what is this?

It is rare for properties in Middleton St George and has limited impact for conveyancing in Middleton St George 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 generation of new rentcharges from 1977 onwards.

Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.

Should commercial conveyancing searches reveal impending roadworks that may impact a commercial land in Middleton St George?

Many commercial conveyancing solicitors in Middleton St George will carry out a SiteSolutions Highways report as it reduces the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Middleton St George. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Middleton St George.

For every commercial conveyancing transaction in Middleton St George it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may cause delays to Middleton St George commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Middleton St George.

I have a 4 bedroom Edwardian property in Middleton St George. Conveyancing lawyer acted for me and Coventry Building Society. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?

You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Middleton St George and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the position with your conveyancing solicitor who conducted the work.

I need to instruct a conveyancing solicitor for some conveyancing in Middleton St George. I've land on a web site which seems to have the ideal offering If there is a chance to get all the legals done via email that would be ideal. Do I need to be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

We expect to complete our sale of a £450,000 apartment in Middleton St George next week. The landlords agents has quoted £384 for Certificate of Compliance, building insurance schedule and previous years statements of service charge. Is the landlord entitled to charge such fees for a leasehold conveyance in Middleton St George?

For most leasehold sales in Middleton St George conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

Addressing conveyancing due diligence enquiries Where consent is required before sale in Middleton St George Supplying insurance information Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your solicitor will have no control over the level of the charges for this information but the average costs for the information for Middleton St George leasehold premises is £350. For Middleton St George conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to supply the information.

Middleton St George Leasehold Conveyancing - A selection of Queries before Purchasing

Where a Middleton St George lease has no more than 80 years it will affect the salability of the property. It is worth checking with your bank that they are content with the length of the lease. Leases with less than 80 years remaining means that you will most likely require a lease extension sooner rather than later and you need to have some idea of how much this would cost. Remember, in most cases you would be required to have owned the premises for two years before you are eligible to exercise a lease extension. Be sure to find out if the the lease contains any onerous restrictions in the lease. For instance some leases prohibit pets being permitted in in a block in Middleton St George. If you love the apartmentin Middleton St George but your cat is not allowed to move with you then you will be faced difficult decision.