I am the registered owner of a freehold property in Countesthorpe yet invoiced for rent, why is this and what is this?
It is rare for properties in Countesthorpe and has limited impact for conveyancing in Countesthorpe 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 generation of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.
When scouring consumer advice sites for a conveyancing solicitor in Countesthorpe, many advise that I should use a CQS assured solicitor. Can you explain what CQS is?
Countesthorpe Conveyancing Quality Scheme practices have obtained certification by the law Society The Law Society created CQS to establish evidence of quality standards in the home legal process. CQS enables house movers to identify solicitor firms that provide a quality residential conveyancing. Countesthorpe is one of locations in England and Wales in which accredited firms are based. The conveyancing scheme requires practices to undergo a strict assessment, compulsory training, self-certification, random audits and yearly assessments in order to maintain CQS status. It is open only to members of the Law Society who meet the demanding standards set by the scheme and has the support of the Association of British Insurers.
In what way does the Landlord & Tenant Act 1954 impact my business property in Countesthorpe and how can you help?
The particular law that you refer to provides security of tenure to business leaseholders, giving them the a statutory right to apply to court for a new tenancy and continue in occupation at the end of an expired lease. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Countesthorpe is one of the many locations in which the firms we work with are located
In my capacity as executor for the will of my uncle I am disposing of a residence in Newport but reside in Countesthorpe. My conveyancer (approximately 235 kilometers from meneeds me to execute a statutory declaration ahead of completion. Could you suggest a conveyancing lawyer in Countesthorpe who can attest and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will be fine regardless of whether they are Countesthorpe based
I want to let out my leasehold apartment in Countesthorpe. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for their consent?
Even though your previous Countesthorpe conveyancing lawyer is no longer around you can check your lease to see if you are permitted to let out the property. The accepted inference is that if the deeds are non-specific, subletting is allowed. There may be a precondition that you need to seek permission via your landlord or some other party prior to subletting. The net result is that you cannot sublet in the absence of first obtaining permission. The consent is not allowed to be unreasonably turned down. If your lease does not allow you to sublet you will need to ask your landlord if they are willing to waive this restriction.
I inherited a studio flat in Countesthorpe, conveyancing having been completed in 2001. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Countesthorpe with a long lease are worth £197,000. The ground rent is £55 levied per year. The lease runs out on 21st October 2079
With just 54 years remaining on your lease we estimate the premium for your lease extension to be between £32,300 and £37,400 plus costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.