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

It is rare for properties in Clowne and has limited impact for conveyancing in Clowne 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 many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.

Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.

We are aiming to move property in September. Will my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you recommend a removal company in Clowne. Conveyancing firm was organised before I stumbled across this site.

On the afternoon of completion you can pick up the keys from your property agent however this should only occur once the sellers lawyers advise the agent that they have the completion monies and the keys can be handed over. Subsequently you will need to inform the removal company that they can start moving you in. As a matter of policy we do not suggest a specific removal organisation but can assist you in locating a conveyancing in Clowne or a solicitor that specialises in conveyancing in Clowne.

Two weeks ago we had a mortgage agreed in principle with Lloyds. Clowne conveyancing practitioners were chosen. How long does it take for Lloyds to issue the offer to the conveyancing practitioner?

Some lenders take longer than others. Have Lloyds done the survey? Have you informed Lloyds as to your lawyers' details and checked that your lawyers are on the Lloyds conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.

Having read lots of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Clowne solicitor - who is on the Leeds Building Society conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?

Leeds Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Leeds Building Society will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Clowne surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.

Hoping to buy a property located in Clowne and I am already nervous. I couldn't find anything specific about Clowne. Conveyancing will be needed in due course but do you know about the Clowne area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Clowne. In the meantime here are some basic statistics that we found

In my capacity as executor for the estate of my aunt I am disposing of a property in Newport but I am based in Clowne. My lawyer (based 200 kilometers from merequires that I sign a stat dec ahead of the transaction finalising. Could you suggest a conveyancing practitioner in Clowne who can attest and place their company stamp on the document?

Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will suffice regardless of whether they are located in Clowne

I am in need of some leasehold conveyancing in Clowne. Before I get started I would like to find out the number of years remaining on the lease.

If the lease is registered - and 99.9% are in Clowne - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Leasehold Conveyancing in Clowne - Examples of Queries before Purchasing

The answer will be useful as a) areas could cause problems for the building as the communal areas may begin to deteriorate if maintenance are not paid for b) if the leasehold owners have an issue with the running of the building you will need to have full disclosure Best to be warned if redecorating or some other major work is due shortly that will be shared by the leasehold owners and may well materially impact the level of the service costs or necessitate a specific payment. You should be aware that where the lease has no more than eighty years it will have adverse implications on the value of the apartment. Check with your lender that they are willing to lend given the lease term. Leases with fewer than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and it is worth discovering what this would cost. Remember, in most cases you will need to own the premises for two years in order to be legally able to exercise a lease extension.