I own a freehold house in East Yorkshire yet invoiced for rent, why is this and what is this?
It’s unusual for properties in East Yorkshire and has limited impact for conveyancing in East Yorkshire 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 fresh rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
My wife and I are intent on selling our house in East Yorkshire and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A local conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers instructed an internet conveyancing practice rather than a conveyancing solicitor in East Yorkshire. We have lived in East Yorkshire for six years we know of no issue. Do we get in touch with our local Authority to obtain clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
My brother has encouraged me to instruct his conveyancing solicitors in East Yorkshire. Do I follow his advice?
Much as we are happy to recommend a East Yorkshire conveyancing lawyer it’s preferable to choose a conveyancing practitioner is to seek guidance from friends or family who have actually experience in using the conveyancer that you are considering.
Completion is due on our sale of a £425,000 maisonette in East Yorkshire next week. The management company has quoted £312 for Certificate of Compliance, building insurance schedule and 3 years statements of service charge. Is it legal for a freeholder to charge such fees for a leasehold conveyance in East Yorkshire?
East Yorkshire conveyancing on leasehold apartments often requires the buyer’s conveyancer sending enquiries for the landlord to address. Although the landlord is under no legal obligation to address such questions most will be willing to do so. They may invoice a reasonable administration fee for responding to questions or supplying documentation. There is no set fee. The average costs for the paperwork that you are referring to is £350, in some situations it is above £800. The management information fee levied by the landlord must be sent together with a summary of rights and obligations in relation to administration fees, otherwise the charge is technically not due. Reality however dictates that one has no choice but to pay whatever is demanded should you wish to complete the sale of your home.
I acquired a 1 bedroom flat in East Yorkshire, conveyancing was carried out 8 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in East Yorkshire with an extended lease are worth £190,000. The ground rent is £65 yearly. The lease expires on 21st October 2079
With only 61 years remaining on your lease the likely cost is going to span between £19,000 and £22,000 as well as costs.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.
Me and myhusband and I are are looking to find an affordable conveyancing solicitor in East Yorkshire to purchase a apartment. I want to avoid being ripped off and there's various East Yorkshire conveyancing firms out there...who do I opt for?
To fee estimates for your move from the conveyancing firms that offers services in East Yorkshire please make the most of our quote tool.