My fiancee and I are acquiring our first property. The lawyer has e-mailedto see if we wish to purchase extra conveyancing searches. As novices we have no idea as to what's recommended for conveyancing in Earlswood

The number and type of Earlswood conveyancing searches depends primarily on the premises, the location, the likelihood of any of these risks, your knowledge of the area and risks, your general attitude to risk. What is important is that you properly appreciate what information each search could give you. You may then make a decision if you personally think you need that information. If unclear, ask the conveyancer to advise.

I own a freehold premises in Earlswood but nevertheless charged rent, why is this and what is this?

It’s unusual for properties in Earlswood and has limited impact for conveyancing in Earlswood 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 generation of new rentcharges post 1977.

Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.

What does commercial conveyancing in Earlswood cover?

Non domestic conveyancing in Earlswood incorporates a broad range of services, provided by qualified solicitors, relating to business premises. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.

I am thinking of appointing a conveyancing practitioner in Earlswood for my purchase. Is there any facility to see a firm’s complaints history with the profession’s regulator?

One may find presented Solicitor Regulator Association (SRA) determinations stemming from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find details Pre 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The regulator sometimes recorded telephone calls for training reasons.

I have recently realised that I have 72 years remaining on my flat in Earlswood. I now wish to get lease extension but my landlord is can not be found. What are my options?

If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. You will be obliged to demonstrate that you have made all reasonable attempts to track down the freeholder. For most situations a specialist would be useful to try and locate and prepare a report to be used as evidence that the freeholder can not be located. It is advisable to get professional help from a conveyancer in relation to devolving into the landlord’s absence and the application to the County Court covering Earlswood.

Earlswood Leasehold Conveyancing - Examples of Questions you should consider Prior to Purchasing

Does the lease include onerous restrictions? Please note that where the lease has fewer than eighty years it will have adverse implications on the salability of the flat. It is worth checking with your bank that they are willing to lend given the lease term. Leases with less than 80 years remaining means that you will probably have to extend the lease sooner rather than later and it is worth discovering what this would cost. For most Earlswoodlease extensions you would need to own the property for 24 months in order to be eligible to extend the lease. Best to be warned if a new roof is being put on or some other significant cost is due in the near future that will be shared by the tenants and will materially increase the the maintenance fees or require a one time invoice.