Me and my fiancee are buying our first home. Our conveyancer has contact usto check if we would like to order extra conveyancing searches. Unfortunately we have no idea as to what's relevant for conveyancing in Wirral

The extent of Wirral conveyancing searches should be dictated entirely on the premises, the location, the likelihood of any of these risks, your familiarity of the locality and risks, your overall attitude to risk. What matters is that you properly understand what information each search could provide. You may then make a decision if you personally think you need that information. Should you be unclear, ask the lawyer to explain.

I purchased a freehold residence in Wirral but still charged rent, why is this and what is this?

It is rare for properties in Wirral and has limited impact for conveyancing in Wirral 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 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 is to be extinguished.

I have 70 years remaining on my lease and need a lease extension for my flat in Wirral. Conveyancing solicitors on the Accord Mortgages panel can deal with such extensions right?

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 12/5/2024 the requirements read as follows :

I need to retain a conveyancing solicitor for remortgage conveyancing in Wirral. I've stumble across a site which seems to have the perfect offering If it is possible to get all formalities done via email that would be ideal. Do I need to be concerned? What should out be looking out for?

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?

I am hoping to exchange soon on a basement flat in Wirral. Conveyancing lawyers inform me that they are sending me a report within the next couple of days. Are there areas in the report that I should be focusing on?

Your report on title for your leasehold conveyancing in Wirral should include some of the following:

Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice? Does the lease prevent you from letting out the flat, or working from home What you can do if another leaseholder in the building is in violation of a provision in their lease? specifics of the parties to the lease, for example these could be the tennant, head lessor, freeholder Specifying your rights in relation to common areas in the block.E.G., does the lease permit a right of way over a path or hallways?

Wirral Leasehold Conveyancing - Examples of Questions you should ask before buying

Plenty Wirral leasehold flats will incur a service bill for the upkeep of the block invoiced by the freeholder. Should you purchase the flat you will have to meet this liability, usually quarterly throughout the year. This can be anything from a couple of hundred pounds to thousands of pounds for large purpose-built blocks. There will also be a ground rent for you to pay yearly, ordinarily this is not a large figure, say about £50-£100 but you need to enquire it because sometimes it can be many hundreds of pounds. Can you inform me if there are any major works on the horizon that will likely add a premium to the maintenance fees? Who takes charge for maintaining and repairing the building?