Do the conveyancing solicitors that you recommend conduct right to buy conveyancing in Burnham On Crouch?
We do have a variety of conveyancing practitioners who can conduct right to buy conveyancing work Please get in touch with us to obtain a costs illustration.
I own a freehold house in Burnham On Crouch yet pay rent, why is this and what is this?
It’s unusual for properties in Burnham On Crouch and has limited impact for conveyancing in Burnham On Crouch 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 date back hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
My apartment in Burnham On Crouch is up for sale and I have a purchaser. Does the lawyer have to be required to be on the Yorkshire BS conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Yorkshire BS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently currently.
I note that there are debates on Chancel Insurance on online forums. Do I require this when purchasing a house in Burnham On Crouch? or Apparently there is historic law that means some owners of property living in a parish church boundary will be compelled to pay for maintenance towards the chancel within the church. Is this relevant for conveyancing in Burnham On Crouch?
Unless a previous purchase of the property took place post 12 October 2013 you could take it that conveyancing practitioners carrying out conveyancing in Burnham On Crouch to continue to suggest a chancel search and or insurance against a claim.
I am looking for a ground for flat up to £245,000 and found one near me in Burnham On Crouch I like with open areas and railway links nearby, the downside is that it's only got 52 years unexpired on the lease. There is not much else in Burnham On Crouch suitable, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a mortgage that many years will be an issue. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for at least 2 years you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.